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  1. 29-04-2006 07:49 PM #1
    sismic
    sismic is offline
    Newcomer Array
    Join Date
    Sep 2004
    Location
    Melbourne
    Car:
    CRV

    Any special concern buying 2nd hand car still on finance

    Hi All,


    This is my first time buying second hand car from private seller. I have deposited couple hundred and just find out that the car is still on finance.

    Do you guys know if there is anything I need to concern buying this car?

    I will handed the rest of the balance in bank cheque, do I need to write the payee of the cheque for Finance company which the cars leased from or just the seller's name ?

    Help on this is appreciated as I have never buying car that still in finance before.

    I live in Melbourne, not sure if there is special regulation regarding buying car that is in finance here in Victoria.

    Thank You.
    Last edited by sismic; 29-04-2006 at 08:30 PM. Reason: better title
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