Is this a decent offer?

[ifti]

Thanks Pitch.
Its probably worth me paying the extra £1k then - for the DSG, Bluetooth, half the miles, and an extra 3 months on the warranty (as its was registered August 08).

If I ask anyone for advice, the first thing they come out with is "Bloody Hell. £19k? You could get yourself a nice BMW or Merc for that!"
Thats where I sigh and stop talking to em! lol

I have another day or two to mull it over. Have the full amount ready in my bank account. Its just whether I should go and get a practically new one thats in new condition and with almost all its warranty intact, or keep looking for somet a bit cheaper. If I let it go i dont want to regret it later on!

[pitch3110]

no worries mate.

if this one doesn't happen another will be along you should be sure of.

i walked away from three before mine came along.

[ifti]

If I go for it, how do I ensure Finance has been cleared???

Whats the usual procedure??

Is it....

I go to him with payment.
Before doing the deal he rings up his finance company and pays off what he owes completely, all in front of me.
We then do the deal.

How can I ensure its all been paid off though?? Do they fax something through to him at the time of payment that I can keep as proof??

[matsu]

sounds like your going for this one dude!

take ya time be patient and get it all checked out.... which is what you seem to be doing?
#i can ask a 2nd hand dealer mate if you want what he would do?

matsu

[ifti]

Still deciding but wanna make sure I have all bases covered!

I will do a HPI check as soon as Im 100% that I want the car.
In the meantime I just want to know how to ensure the finance is all fully paid. The guy has his own dealership and seems pretty genuine. This was his sons private car, but he doesnt want to clear the finance until he knows 100% that the car has sold - which is understandable I guess.
Apart from him paying off the finance in front of me, should I be expecting any paperwork to state the finance is no longer outstanding??

[Gene Hunt.]

Still deciding but wanna make sure I have all bases covered!

I will do a HPI check as soon as Im 100% that I want the car.
In the meantime I just want to know how to ensure the finance is all fully paid. The guy has his own dealership and seems pretty genuine. This was his sons private car, but he doesnt want to clear the finance until he knows 100% that the car has sold - which is understandable I guess.
Apart from him paying off the finance in front of me, should I be expecting any paperwork to state the finance is no longer outstanding??

..........i would think so mate.Just finished off some interest free payment's for some furniture & ''black horse'' sent me a letter saying thank you,''You'' now have finished you'r payments & please cancel you'r direct debit etc.

[ifti]

As you may have guessed, I am seriously considering this car, so I emailed the guy saying my only concern was the finance at the moment. This is what he came back with.......

"Hi Ifti,
There are a couple of options that we can do.One of them is you send me a
deposit for the car and once i have that i will clear the finance immediatly so
when you come to pick up the car, i will have a clear title letter saying that
they have no further interest in the vehicle.The other option is,you bring with
you when you want to collect the car, two drafts one to the finance company and
the other to me for the balance.We can take the finance draft to their bank and
pay it in, then you know it has been settled.There is one other option,you come
to me with the draft made out for the full amount and i will transfer the
outstanding finance in front of you then they will send me a clear title letter
immediatly.So please let me know what option you wish to take.As i said to you i
am not going to settle the finance unless it is sold,so i need a commitment from
you! I am not out to catch you or sell you a car on finance i do not do business
like that ...Many thanks"

So it does actually seem pretty cool doesnt it??

If I take in two bankers drafts, I get charged £10 per draft! So......should I just take in one draft for the full amount an dget him to clear it in front of me, then pay him the full amount once we get the fax through to say its clear - or should I just pay the extra tenner for safety sake and just take in two seperate drafts?

[Gene Hunt.]

Get the seller to pay the charges for you mate. .

[Egbutt Wash]

Over the last seven moths the car has lost £6,000, about £28 per day.
In the three days the seller has faffed over his HP the car has lost another £85.
More than enough to pay for  bank charges.

[ifti]

Its not the seller that faffed about though, he's keen to go ahead. He's just waiting for a commitment from me......