Buying a car (from a main dealer) that has a red 'finance warning'......a question.

[Dave7]

Basically, my daughter and SiL went to see a 6 month old Toyota at the main dealer.
The paperwork had this finance warning in red on it.
They asked the dealer if he/they were prepared to provide a letter stating that all finance had been paid off/settled.......they refused.
So daughter walked away.
I think they did the right thing, what say you?

 

[Drago]

They did the right thing.

There no shortage of decent used cars of any make and model, so why take even the slightest risk when another is so easily located?

 

[T4tomo]

Basically, my daughter and SiL went to see a 6 month old Toyota at the main dealer.
The paperwork had this finance warning in red on it.
They asked the dealer if he/they were prepared to provide a letter stating that all finance had been paid off/settled.......they refused.
So daughter walked away.
I think they did the right thing, what say you?

Yes because if finance isn't paid off fully, the finance / leasing company still own the car and a can get it off you!

the dealer shouldn't do their check until that's all been cleared and the the HPI check or whatever it is called will come up green.

 

[Pblakeney]

Yes.
The dealer should take it off the market until it has been cleared, or they are selling under false pretences. IMO.

 

[SpokeyDokey]

Basically, my daughter and SiL went to see a 6 month old Toyota at the main dealer.
The paperwork had this finance warning in red on it.
They asked the dealer if he/they were prepared to provide a letter stating that all finance had been paid off/settled.......they refused.
So daughter walked away.
I think they did the right thing, what say you?

Strange behaviour from a main dealer.

She did the right thing for sure.

 

[Dave7]

Strange behaviour from a main dealer.

She did the right thing for sure.

Apparently the manager came out and confirmed what the salesman had said.
Also, when they asked about a price reduction the manager said "we'll give you a cuddly toy".

 

[ebikeerwidnes]

That sounds terrible!!

Unprofessional at the very least

Which main dealer was it - sounds like we need to know so we can avoid them!
(if you feel OK to say!)

 

[Dave7]

That sounds terrible!!

Unprofessional at the very least

Which main dealer was it - sounds like we need to know so we can avoid them!
(if you feel OK to say!)

No problem. Its a main dealer in Warrington.

 

[oxoman]

Apparently the manager came out and confirmed what the salesman had said.
Also, when they asked about a price reduction the manager said "we'll give you a cuddly toy".

Name and shame, I'm sure manufacturer would be interested in poor service and lost sale.

 

[Dave7]

Name and shame, I'm sure manufacturer would be interested in poor service and lost

Warrington.

 

[BrumJim]

I'm not a great negotiator, but my Dad recommended me the approach of "I'm not sufficiently qualified or informed to say that it is all OK, but because of that and my concerns, I will have to forgo the purchase this time."

You are not obliged to buy it. There is a risk, and you will be much better off going for a lower risk option. 6 month old Toyotas aren't exactly a rare breed.