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Money owing

There is money owing on the vehicle

If you buy from a motor vehicle trader and they don't tell you about the security interest (that money is owing on the car) then the creditor must get the money from the dealer and not you. If a security interest is disclosed, then the finance company has rights over the vehicle.

If you buy through an auction, at a car yard, or privately then you may not be protected.

Find out more about when money is owing on a motor vehicle.

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