car repossessed
So one om my mates got his car repossessed tonight cause the guy he bought it off didnt pay back his car loan and has skipped town. wtf is up with that, can they just take his car even though he has completly paid for it to the dodgy f***** that skipped town?
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11:09pm 10/11/05 Permalink
Sure can.
The finance people own the car, not your friend. (secured loan) Your friend paid the seller for something the seller didn't own. last edited by mission at 23:13:58 10/Nov/05 |
11:11pm 10/11/05 Permalink
^^ in short, yes.
^^ in long, f*** yes. his only method is finding the previous owner and suing for the money..except the expense involved would far outweight the amount lost in the car...unless the car was like a new XR6 or better |
11:15pm 10/11/05 Permalink
So how is a buyer ment to know if a loan is attached to a car when they purchases it? looks like I'm only ever gonna be buying from a dealer from now on.
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11:20pm 10/11/05 Permalink
Selling an incumbered vehicle is also illegal, unless prior apporval from the finance company has been obtained.
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11:21pm 10/11/05 Permalink
lesson learned
always do the REVS check |
11:22pm 10/11/05 Permalink
Selling an incumbered vehicle is also illegal, unless prior apporval from the finance company has been obtained. hence the reason why he skipped town before buying used car always: -RACQ 100point inspection -REVS check save a lot of trouble later |
11:24pm 10/11/05 Permalink
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11:31pm 10/11/05 Permalink
well i dont know how big the loan is, hopefully much less.
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11:42pm 10/11/05 Permalink
To get a REVS check, contactHere's another site you can obtain them from http://www.checkitout.com.au |
11:44pm 10/11/05 Permalink
your mate has a disease.
it's called stupid. |
11:49pm 10/11/05 Permalink
his only hope is find him, and make him an offer he can't refuse.
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11:57pm 10/11/05 Permalink
i skipped most of what everyone said, so its probably been said.
Do the checks. smh |
12:03am 11/11/05 Permalink
Buying an import off some rando dude can be asking for trouble and especially is when he says he's selling the car to pay off the loan. In this case the checks would have made no difference because he took the guys word for it and got f***ed over.
P.S. He's also a mate of mine, I'm not just making this s*** up. |
12:26am 11/11/05 Permalink
revs check yes
racq 100 point check --- NO take it to a bloody mechanic they can tell you if its f***ed or not the RACQ dont even put it up on the hoist |
12:49am 11/11/05 Permalink
i had my car put on a hoist with the racq check
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12:55am 11/11/05 Permalink
30K oh dear oh f*** About sums it up. :O |
02:17am 11/11/05 Permalink
Selling an incumbered vehicle is also illegal, unless prior apporval from the finance company has been obtained. I think you will find that this is not strictly true. I think it is 1. illegal for a dealer to sell an encumbered vehicle under any circumstances OR 2. illegal for anyone to sell any encumbered property (including vehicles) unless they disclose this fact to the purchaser. But not a lawyer, so if anyone can find info to the contrary :) |
04:23am 11/11/05 Permalink
ok my info is old then the term you are looking for is "wrong" |
07:54am 11/11/05 Permalink
his only method is finding the previous owner and suing for the money..except the expense involved would far outweight the amount lost in the car...unless the car was like a new XR6 or better If he did somehow magically find the owner and sued, I think court fees would have to be paid by the guy who got sued if our mate won. Prolly not much luck on getting any cash of him though if he is found, as he could just declare himself bankrupt, or, as he sounds like such a f***wit, he could just not pay. |
08:07am 11/11/05 Permalink
5k would suck, BUT THIRTY!!?!zomg. |
08:16am 11/11/05 Permalink
solution. steal his daughter. And KILL her.
asif a loan shouln't remain WITH the person who got it. f***. what the f*** sort of legislation is this? |
08:23am 11/11/05 Permalink
Doesn't it seem really stupid that the case would have been that there was two outstanding lones on the same vehicle? How can someone get finance on something that is already under finance by somebody else? How f*****g stupid! |
08:31am 11/11/05 Permalink
Well they obviuosly don't have the resources to do cross checks between finance companies etc, and why would they bother when there are services such as revs? It would be a whole lot of expense for them with little to no benefit for them.
The reason the loan doesn't stay with the person is that the person didn't have any assets to start with to cover a default on the loan. So if what happened happens (the guy scoots off) the finance company has something of value to recoop any money still owed to them. It's just a plain case of being caught out by not doing your homework :( |
08:36am 11/11/05 Permalink
You will now need to do three things.
1: Hire a private investigator and give him all the info you have on the fella who ripped your mate off and... 2: Purchase a firearm for when he is tracked down and get your money back the "old fassioned way". 3: Make sure there are no witnesses (including the private investigator) bribes may suffice. |
09:13am 11/11/05 Permalink
Whose car is it? None of our friends have any money to buy a car do they? |
09:41am 11/11/05 Permalink
Think import bought in the last year or so that you've seen burning away from touch footy.
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09:48am 11/11/05 Permalink
suck s***, your friend is a complete f*****g idiot and deserves what he got. Your missing the point. Even if he did the check he would have still trusted the guy. That's even worse but you're abusing him for the wrong reason. |
09:59am 11/11/05 Permalink
I dont really think anyone deserves to be paying a 30k loan or what not on a car they dont even have.
Then again they could be a rich mummys boy that has never worked a day in his life and has a f*****g nice car....*cough* Cruising brisbane*cough* last edited by Astroboy at 10:02:52 11/Nov/05 |
10:01am 11/11/05 Permalink
well i hope his car was insured because it was stolen from him really |
10:11am 11/11/05 Permalink
You could have answered the question..
Franc? Rez? lol |
10:19am 11/11/05 Permalink
Your missing the point. Even if he did the check he would have still trusted the guy. That's even worse but you're abusing him for the wrong reason.huh? so if the check came up and said 'this car is secured against the loan' he still would have bought it? stay away from him, because that disease I mentioned earlier is contagious. |
10:26am 11/11/05 Permalink
Ok I just got an email from him holy s***. That car has been nothing but trouble for the poor bastard.
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10:32am 11/11/05 Permalink
c'mon guys, quit giving him crap about it. I'm sure he's well aware now that encumbrance checks exist and wishes like hell he did one.
$30K....ouch ouch ouch. |
10:32am 11/11/05 Permalink
the bank is the biggest loser because they didn't require a REVS check to be done, which is normally the case with car loans i though.
what if the guy with the 30k loan defaults then the bank has no security to recover the money. think of the shareholders! ;) |
10:33am 11/11/05 Permalink
c'mon guys, quit giving him crap about it. I'm sure he's well aware now that encumbrance checks exist and wishes like hell he did one. Once again, he knew there was a loan on the car when he bought it. huh? so if the check came up and said 'this car is secured against the loan' he still would have bought it? From what I understand yes. |
10:35am 11/11/05 Permalink
The poor shareholders, no-one ever thinks of the shareholders.
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10:36am 11/11/05 Permalink
I think what Chakas is trying to say is that he knew there was a loan, and he was trusting that the guy he bought it off would be using the money he got for the sale to pay off the loan.
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10:38am 11/11/05 Permalink
wtf dude!? he knew there was a loan outstanding on the car and STILL bought it without doing his homework?
if he wanted to give his money away so easily, he coulda came and saw me... lol last edited by Mighty Mouse at 10:41:44 11/Nov/05 |
10:41am 11/11/05 Permalink
f*** it would sux to be your friend. :(
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10:47am 11/11/05 Permalink
his only method is finding the previous owner and suing for the money..except the expense involved would far outweight the amount lost in the car...unless the car was like a new XR6 or bettertrue however if he won he can also claim the court fees etc. |
10:58am 11/11/05 Permalink
My girlfriend bought her car from a guy that worked for Esanda Finance, and had money oweing to Esanda. What they did was write out two cheques, one to pay out the remainder of the money oweing to Esanda, and the other which was the balance, to the guy.
again this advice comes too late i guess :/ |
11:02am 11/11/05 Permalink
someone quarantine this thread, the stupid is getting out of hand!
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11:05am 11/11/05 Permalink
Thats a good joke your running there Spidz, if you say it 4 more times it will keep getting even funnier...
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11:08am 11/11/05 Permalink
I think what Chakas is trying to say is that he knew there was a loan, and he was trusting that the guy he bought it off would be using the money he got for the sale to pay off the loan.True. I am now interested in how the funds changed hands from r_mazing, fist full of dollars, or cheque made out to finance company? |
11:23am 11/11/05 Permalink
actually when i bought my last car i did exactly as was explained above: paid one cheque to the finance company and the balance to the vendor.
its so f***ed when someone rips you off. i feel for the poor fella. |
11:26am 11/11/05 Permalink
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11:51am 11/11/05 Permalink
spidz have a break, douchebag
feel sorry for your buddy r_mazing regardless of whether he didn't play it safe enough or not or whatever, still an utterly f***ed situation to be in |
12:00pm 11/11/05 Permalink
The situation was caused by a lack of honour. The guy who dishonestly failed to live up to his obligations and fraudulently sold the car and skipped town is the person at fault here. Let's not forget that.
Sadly, a lack of judgement _allowed_ it to happen, but we're all guilty of that at some point. It's a really rough lesson to learn, and it's also really demoralising to know that for all our laws and posturing we still don't protect our citizens enough. The only positive is that it tends to be a lesson learned by many people around the situation at one person's cost. For me this kind of situation exposes more the failings of society and other individuals than it does the failings of an idividual taken advantage of. He could have and should have taken steps to ensure that he wasn't taken advantage of, but that makes him no less the victim here. |
12:03pm 11/11/05 Permalink
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12:03pm 11/11/05 Permalink
Tell him to go to a lawyer. I should know the possible paths to take but i just woke up. He has an equitable interest or some s***. Third party bona fide purchaser for value without notice. But I think it was still his duty to take reasonable care and do a revs check so i guess that might f*** him up. Meh im stil yawning and can hardly see :)
Good luck with it anyway - poor guy. |
12:15pm 11/11/05 Permalink
ten bucks says when its all over and the smoke clears the c*** gets 12 month suspended sentence and gets some bulls*** community service order.
thank the poxy f*****g government for piss-weak laws which allow fraudently people/companies to screw people without fear of retribution. we must have inherited this s*** from the poms, who pretty much invented legal wholesale theft and fraud of the masses as SOP long before the USA came along. c**** |
12:23pm 11/11/05 Permalink
Pity the uk didnt put as much thought into its immigration policies
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12:27pm 11/11/05 Permalink
The return of Jim in all his glory!!
woot :D |
12:33pm 11/11/05 Permalink
I am now interested in how the funds changed hands from r_mazing, fist full of dollars, or cheque made out to finance company? It wasn't from r_mazing, it was a friend of his. (Also a friend of Steele, Blahnananananana and myself) |
12:45pm 11/11/05 Permalink
Maybe this story will help ease your pain..
A similar thing happened to a friend of mine (i.e. - lost lots of money due to a car). He bought a car for 26k, traded it in his old car, took out a loan, put all his saving into it. He worked at an insurance company at the time and just asked one of the girls to set up 3rd party fire and theft for him. Anyway.. he wakes up one morning and his car was stolen. Rings up insurance company who explains he only has 3rd party insurance, not theft. Bye bye car, bye bye money, hello loan for no reason. He was devastated. |
01:58pm 11/11/05 Permalink
no s***, I was quoting a Steele post, and wanted a reply from r_mazing. Which is where grammar and sentence structure becomes important. Perhaps instead of: I am now interested in how the funds changed hands from r_mazing, fist full of dollars, or cheque made out to finance company? You could have written something like: This makes me interested in how the funds changed hands. r_mazing, did he pay by cash or by a cheque made out to the finance company? I won't even go into how redundant a question like this is when it has really been answered (though not literally) during the course of the thread. If you write like a five-year-old expect to be answered like one. last edited by blahnana at 14:04:25 11/Nov/05 |
02:01pm 11/11/05 Permalink
who was it chakas :o do i know them? Franny, I don't know if you know him? |
02:01pm 11/11/05 Permalink
If you write like a five year old expect to be answered like one. I was about to make a more polite reply, but that should do for now. |
02:03pm 11/11/05 Permalink
I see how it is Chakas, you answer Tung's question, but not mine. Is it coz I is white? |
02:52pm 11/11/05 Permalink
dont think so :( if hes a fellow re bogan, its been ages since ive been :( He isn't too much of an RE bogan so I doubt you know him. I see how it is Chakas, you answer Tung's question, but not mine. Yes it is. If you had some connection to the sub-continent then things would work out differently, but as it stands you only get hints. |
03:22pm 11/11/05 Permalink
Jim bands spidz = I rate this thread very highly. Revs check. say it 100 times and you'll sound almost russian. last edited by Booyah at 16:16:39 11/Nov/05 |
04:10pm 11/11/05 Permalink
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04:40pm 11/11/05 Permalink
ps jim its spelled banned. err actually... ps jim its |
06:50pm 11/11/05 Permalink
Im sure booyah will be round to beat you soon Obes for such blasphemy type comments. |
06:54pm 11/11/05 Permalink
I dont think my last post was nuke worthy. But then again if i had that sort of power i would've nuked everything (also literally speaking).
I wanna see obes become a muslim for 30 days, and restore faith and trust in man kind. NO REVS CHECKS FOR YOU !!! |
07:39pm 11/11/05 Permalink
Update...
car is a GTR skyline r3somthing loan is 20k Mate has found that he is now living in Sydney and has contacted him saying pay the loan back by monday or he is calling the cops, without reply yet. |
07:39pm 11/11/05 Permalink
why would he
the car has gone to paying the loan |
07:45pm 11/11/05 Permalink
There talking about his loan to purchase the 2nd hand car arnt they? not the original owners loan
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07:47pm 11/11/05 Permalink
im sure the repos are sypathetic to his sitch and have given him a certain amout of time to get the car back
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07:48pm 11/11/05 Permalink
no...original loan...mate payed with his own money never had a loan
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07:50pm 11/11/05 Permalink
f*** being nice just tell the c*** straight.
Just tell your mate to say 'I don't not get paid' make sure that this turd understands that not getting paid is a foreign concept to your mate. |
09:00pm 11/11/05 Permalink
QGL lynch mob. But who will drive the group to Sydney? Perhaps Jim or Obes? as 6 or 7 people won't fit in a car. But a big tough 4WD, no worries. |
09:17pm 11/11/05 Permalink
hehe thats funny infi cos I have italian blood. a sicilian too if you believe that mafia s***. (nona and pa both born in Messina, my mums Irish tho lol). I was born in Aus.
I can only tell you what works for me. I used to run a small business and have had people try to shaft me out of varying amounts between 5-15K over the years and gave up that swearing out affidavit/ring the cops s*** years ago. most pay in the end. meh http://img495.imageshack.us/img495/8453/messina3gi.jpg last edited by SCOGGEX at 21:52:05 11/Nov/05 |
09:31pm 11/11/05 Permalink
SCOGGEX please tell me that's not your damn sig ? it's the size of an entire thread.
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12:14am 12/11/05 Permalink
12:48am 12/11/05 Permalink
Wow doogie howser did you notice that straight away or did you have to get your mum to check it ? Well, when your being a spell checker for someone elses post?? That an I'm jealous that you have 2x Bengals :( |
10:11am 12/11/05 Permalink
^
haha, lol at Stinky. f*** being nice just tell the c*** straight. Yeah, I'm inclined to agree with Scoggex. A friend of mine had similar (but thankfully not as bad) problems with someone she bought a car off. Fair enough and all if you want to give them time so that they don't find themselves in hot water, but I'd tell your friend not to be too lenient otherwise he's likely to just get screwed around even more (esp now that he knows you're onto him!). Best wishes with it all - I hope he gets his money/car back. |
01:00pm 13/11/05 Permalink
Just tell your mate to say 'I don't not get paid'Are you trying to say "I do not get paid" or "I do get paid" I'm confused. |
01:18pm 13/11/05 Permalink
The latter but it's with the whole trying to sound mean s***.
I still say don't give him any warning, turn up on his doorstep and as said before "make him an offer he can't refuse", 30k is something you just do not turn your back on. |
02:33pm 13/11/05 Permalink
