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The mkiv Supra Owners Club

Buying a Repossed Car, is it safe?


Tyson

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I was cruising the bay and saw an auction for a car I want to replace the astra as its a bit thirsty for what I need. After further looking the company that is selling is a log book loan finance company called mobile money, they are a massive company but I was wondering what are the pitfalls of buying a repossed car? They are selling the car as HPI clear, with MOT and 1 key but as I have never bought one before I was wondering is there anything I should look out for, its only a Suzuki Swift so mechanically I will be alright checking it over.

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No problem at all.

 

I didn't think so but just wanted to make sure there wouldn't be any legal bits attached to it but they say it will come with a HPI report saying that there is no finance left on the car due to the repossesion. It will be an absolute steal if I get it for the price I want but as with all auctions only time will tell :D Thanks for the help.

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