Afternoon Chaps,
Hopefully you’ll be able to offer some advice. Bought a Peugeot 107 at Aston Barclay on Wednesday-came via Moto Novo Finance. Paid for and took the car with me there and then, 12 months ticket, service, bit of paint and valeted. Ready to be advertised on Thursday evening. Going through the paperwork, HPI’d it and it’s coming up as having outstanding finance with Moto Novo. Rang them up, they still have “a financial interest in the vehicle”. I asked why they would send a car to auction before this issue was resolved and they wouldn’t divulge because of “confidentiality issues”-can’t see how that’s confidential at all. I’ve spoken to AB and they say it shouldn’t have got to auction without the finance being sorted, that Moto Novo do this often, but there’s nothing they can do. Now, the main issue I have is that I haven’t been able to advertise the vehicle and can’t until this has been resolved and it shows as clear on HPI report. Got back onto Moto Novo on Friday afternoon and as far as I’m concerned, the vehicle isn’t on finance. They’ve received the car back, the finance issue is purely an agreement between them and their customer, nothing to do with the vehicle, so they should clear it as being on finance on their system. Not sure where to go with this one (usually purchase vehicles through main dealer PX sales so have no experience with finance companies). Any advice you can offer would be great. Cheers