Jeff Aherne, Director of Cartell.ie, featured on Cork’s 96FM today in connection with vehicle clocking. Jeff was asked to give listeners an insight into the difficulties associated with clocked vehicles. He was asked to respond to news published that a court settlement has been ordered for €1,500 after a Cork-based car buyer bought a vehicle […]
Statistics published today by Cartell.ie indicate that buyers have a 1 in 4 chance of purchasing a two year old vehicle with finance outstanding. Unsurprisingly finance companies can and do repossess vehicles.
If you have bought a vehicle with outstanding finance, the likelihood is that you will be notified by the bank or institution with the financial interest, that they are seeking the return of the vehicle or remuneration of the amount owed. Once the collections department of the finance house has confiscated the vehicle, it becomes much more difficult for you to regain control.
This article is a summary of Jeff’s contribution to the Newstalk Motormouth show all about used car auctions which aired on Monday 22nd March 2010.