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Car report query

  • 18-05-2021 10:12pm
    #1
    Registered Users Posts: 246 ✭✭


    Hi,


    I'm looking at a car report for a car being sold by a dealer. On the report, it shows that there was a valuation enquiry and a full history check by financial institutions since the car was transferred to that dealer. Are they related to prospective buyers trying to get finance on that car?


    Separately, the report also shows that the car was sold at auction last year, and passed through a couple of dealers before being sold. The new owner only kept it for 9 months before it arrived at the current dealer. I'm wondering if the auction sale combined with subsequent short ownership might be a reason to be suspicious?


Comments

  • Registered Users Posts: 5,819 ✭✭✭User1998


    Not sure about the finance thing but 9 months isn’t a particularly short period of time to own a car. And cars often get passed through the dealer network.

    Most cars go through auctions at some stage in their life. Usually when they are traded back in or when the PCP has ran out. Nothing to worry about there

    Just have a professional look over the car before you purchase. Thats all I can say


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