New Car Feeling – Vehicle Finance
Have you been thinking about upgrading your car?
Is the old one falling apart or you just need something a bit more practical?
We provide vehicle finance for 100’s of people to upgrade their cars every month – it’s what we do.
So if you need some cash to go car hunting, then talk to us today.
When you go looking have a checklist ready. This might save you from buying a lemon.
Some things to watch for:
Valid warrant of fitness – A vehicle sold by a dealer must have a warrant of fitness not less than one month old. Private sellers can sell without a warrant, provided the car is clearly identified for sale “as is where is”.
Consumer information notice (CIN) – A dealer (but not a private seller) is required to attach a CIN to every motor vehicle for sale and you must be given a copy if you buy the car.
No outstanding debts – If you buy privately, your car could be repossessed if there are any outstanding debts on it. Use a vehicle history checking service, such as CarJam, to find if the car is debt-free. A registered motor vehicle dealer must disclose any security interest on it for outstanding finance payments.
Confirmed ownership – The certificate of registration lists the current registered owner of the car. This should be the company or person – either dealer or private – you’re buying the car from. If you’re in any doubt, check with the police.
Sale agreement – If you’re buying from a dealer, it must provide you with a written sale agreement that you’ve signed. Don’t sign an agreement until you’ve read and understood all the clauses.