Want to buy a used car but HPI check shows outstanding finance

I am looking to buy a Honda CR-V through a nationwide dealer. Last week I found one that looks good value. However, the HPI check shows it as having outstanding finance. Should I look for another car or question the dealer as to why the car has failed its HPI check?

Asked on 26 June 2016 by Pollybee

Answered by Honest John

It's probably showing outstanding finance because the finance has not yet been cleared. So you want a guarantee that it will be if you buy it. This often happens on termination of a previous HP, PCP or lease. It can take a while for the settlement to be registered.

Tags: buying a used car hpi

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