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Hi
I'm buying a 2.5 year old Cayenne S privately for £32,800. However, the car in on finance (through Lombard finance) is has about £34,000 owing on it. The seller is recommending that he will pay the balance and I should pay the finance company directly to conclude the sale. I called Lombard with the finance agreement number and they have confirmed all the details he gave me.
Is this normal or recommended practice? This is the first time I have purchased a car privately so any advice would be much appreciated.
Thanks
Steve
I'm buying a 2.5 year old Cayenne S privately for £32,800. However, the car in on finance (through Lombard finance) is has about £34,000 owing on it. The seller is recommending that he will pay the balance and I should pay the finance company directly to conclude the sale. I called Lombard with the finance agreement number and they have confirmed all the details he gave me.
Is this normal or recommended practice? This is the first time I have purchased a car privately so any advice would be much appreciated.
Thanks
Steve