@@mariemccann5895 There are various online services offering legit checks on cars, HPI Ltd do not have the monopoly over it.

​@@mariemccann5895he's full of shite 😂 I've done a check in the car myself. No finance, no number plate change since 09.2021, no new owner since 17 Jan 2023, logbook duplicate ordered 15 Feb 2023

I am stunned that you never done the change of keeper online.Is there a specific reason why you never ?.

You dont think he's done it before and has a dozen names maybe.

@@EmeraldHill-vo1cs He'll run out of names and addresses eventually, unless people just keep shut thinking "phew, I got out of this, let someone else report this guy".

@@andycalifornia426 Nah, look down this page at people who've paid the lender etc, cos they are told 'obey the law'.

@@EmeraldHill-vo1cs Yeah, and having paid out of their pocket, they're somewhat justified in publishing info about the person. Or why not try and reporting that to the police? It's fraud. Reporting this is a duty. When enough people will report, things will start getting done, which in turn will make the frauds think twice, which in turn will reduce the amount of fraud.

@@andycalifornia426 Of course tell the police, thats a given.

Agree; this is pure fraud as the car was for sale if not sold when they took the finance out.

That's exactly what I thought.

It sounds like it should be that easy, but the burden of proof for criminal fraud is pretty high because you have to establish the Mens Rea - or 'mentality to commit fraud'. That is to say, you'd have to somehow prove that the guy selling the car did so specifically with the act of fraud in mind, which you basically can't... therefore it'd be a civil case between two private parties and the police will just tell you to recover your losses through small claims track.

@@PostingCringeOnMain You would have burden of proof as the finance would of been taken out either shortly before or shortly after the car had been sold and that an old v5 had been deliberetly kept to be able to sell the car on after securing the loan against it.

It sounded like the seller had two V5’s from when he changed the plates. He then took out finance using the new V5 and sold the car using the original V5, so the finance would have been valid, and he’s probably in quite a tricky predicament with the loan shark!

If you run a tax and mot check on the registration it also shows you the date the most recent V5 was issued. Get that before you go and then check the issue date on the V5 the seller hands to you. If they don't match it's a scam and walk away.

Good point will try to 😊remember that

It wouldn't have worked because he had a private number hence he gave the buyer the old V5 with the old number, when it was still registered with the private number which he kept the V5 for and got a loan with.

I very much doubt the scammers will ever be stopped.

He would not have got the law calling perhaps, but the Finance Company likely sold the debt on at a lower price and if that second company had no luck knocking the door, they would sell on again etc, etc, and eventually the debt goes to companies who knock your door day and night and speak to neighbours if you don't answer.

@@ColinCarFan Big chance he's long gone.

Its fraud for sure but the police probably don't have time to investigate. Even when they do, getting convictions is unlikely.

I’d have knocked on their bloody door, I can tell you!

Yeah but it's not going to be criminal fraud between two private parties over a couple of grand. For a criminal prosecution for fraud, you'd need the Serious Fraud Office to get involved, which they definitely aren't over a 17 year old Ford Focus... you'd need a couple more zeros on the value of the fraud for the police to remotely care.

Hey, so would you do this then and there or when you bring the car home? Thanks

@@spacemanwho at the time of purchase. Takes 30 seconds. V5 comes in less than 5 days normally.

@@benturner868 thank you, really good to know.

The mistake was, paying the loan company, especially if you buy the car in good faith.

@@GoalSquad666 Absolutely. When they say there are 2 options, tell them there is a 3rd - you are going to lock the car away and they can take you to court and you will countersue over "good title" and it can be argued there. They want the quick solution and unfortunately you provided that

Never pay the loan company in such a situation, go to court and let the court decide. If you buy with clean title the judge/magistrate will make a ruling to that effect and evidence has to be produced that the finance agreement was in place before the title changed hands. The loan companies are just looking for a quick resolution in their favour and now you paid up you essentially agreed to settle. Only option you have for recovery now is Experian who you have a contract with and they should honour that contract up to the value stated in the terms and conditions of their contract.

Sorry to hear of the scam; makes me fume that we pay good money to Experian etc. and, when we get caught, they don't honour their guarantee. Why should we use them if they let us down so badly?

How do you even get around this. Doesn't show up on any checks, you just have a bailiff threaten you randomly down the line? Used car buying is stressful enough.

Scammers are disgusting people who are making vast amounts of money !

@@fly9wheel yes they are, totally disgusting preying on vulnerable people, there should be more prosecutions but sadly, it's not the case, they are , just as bad as home invaders, etc,, like the stuff left round a bath, scum, ,, , , one bit of good news I herd the other day, a person trying to break into home was caught by home owner, even though the guy who wa trying to break in hada crow bar and attacked the home owner,, he found he picked on wrong place, he was knocked out, , if he had got in he would have have had to face three dogs too,,, what an idiot,. ,

Thanks so much buddy. Nice to have you 😁

Yep 😔

dated AND timed

Yes, scary world and a lot of people desperate to make a quick buck! Thanks for watching buddy.

@@ScottishCarClan Every video made in the last few years about a SCAM. Is in fact a SCAM pushing the digital I.D Cash and Tracking agenda. All of it is staged to push that agenda along and normalise it by pretending it's for the best etc. Scottish CC = 33. Anyone who falls for any of this shxt is a complete and idiot and anyone push the agenda is themseleve a SCAMMER.

DVLA probably too busy dishing out Registered Owners' details to Car Parking Companies.........

The DVLA, another government outfit employing incompetent part timers.

If you do it at your LVLO they take the old one off you .

Difficult to prove. There are two sides to every story.

Date and time of purchase is best, then there can be no possibility of this kind of fraud. You can also do the V5 transfer online where everything is updated instantly preventing the previous owner running a scam like this.

Yes but if the finance occurs after the transfer of legal ownership takes place, which is the date that hands are shook and money changes hands, then they have no legal claim over it. Their issue is with the fraudster and not the new owner.

That is not the case, if the car is transferred with clean title as this one was and then finance is fraudulently obtained after the transfer then the finance company has been scammed not the new owner. Any court will confirm this, you can't obtain finance on something you don't own and if you do it is fraud as the finance has been obtained illegally. As the scammer no longer owns the vehicle any finance agreement signed against it by the scammer is invalid, what you have here is money being stolen from the finance company.

We are not owners, just registered keepers, a big difference.

@@fly9wheel Owner and registered keeper although often the same person are not always which is why there is a distinction between them.

Cars from dealers often have outstanding finance against them due to the dealer financing their cars, this is then cleared when the sale is completed

The check sites are a money making scam. If finance companies can repo a car after its sold, then the info should be freely available. Either a national register or via dvla. Dvla are clearly happy to release new keeper details to repo companies, therefore a tick box on the v5 would work for all concerned, and have minimal cost to manage.

With none of the comeback

How very dare they try to get a higher price so you cant make even more profit when you sell it on!!

The video explains that they didn’t lose any money so there was no risk in that regard. If a seller asks more than you are prepared to pay, then you just move on to the next one. Just like you would or should do when you’re at a dealer are any other car business.

Fancy wanting to get the most money they can for something they are selling. How very dare they 😡

​@@Conservator. The point the dude is making is that as a buyer, for the same price, he'll go to the dealer because there's legal protection.

Good luck and yes be vigilant! The car vertical check does seem to be very good from what I hear.

Do the transfer of ownership online, it is instant and prevents this kind of fraud because the transfer is registered at the instant you purchase it.

Yeah, I get it! Don't give the seller a "window" to apply for finance before they return the V5 to the DVLA.... 😉👍

Might not apply in Scotland / this case but "Log Book" loans used to a really big thing, think the technical term is Chattel Mortgage. From what I understand you sell the car to the loan company who then sell it back to you (in instalments + interest), you can still drive the car and remain responsible for insurance, tax etc but until the last payment is made the car is not legally yours.

@@terminaljunk Logbook Loans still a big problem Consumer Action Group and MSE have loads of advice threads around these.

@@terminaljunkmy mate owned a company doing this and they always required the customer to come down in person with their car for checks before any loan was issued idk how he did this!

My Understanding (American, so I'm not entirely up on how it works over there) is that basically, they gave him an 'outdated' V5 document to do the transfer with... which caused the transfer to silently fail. He had to contact DVLA to get it straightened out, but in the meantime the car was still officially listed under the actual current V5 that they'd kept. This gave a window of a few days/weeks/whatever (until he contacted DVLA and got it straightened out) post sale where any checks on the car show it as still being the Seller's, on the V5 that they kept. By waiting until after the 'sale', the car will show up clean no matter *how* you check it. The key point is that by giving the 'old/original' V5 instead of the one they'd been using, it held up the official transfer process, giving them time to take out a 'loan' before it gets straightened out.

@@AI-Records24 He did it whilst it was registered on the 'private registration' then transferred the original reg back with the DVLA. That was a finance check using the original reg is clear. It is loop-hole as there is no automatic process in place whereby the DVLA notify finance companies a reg has been transferred. It a well known scam...

Yeah, used car dealers, dodgy/

Just have the HPI checks via the VIN chassis number. Yes VINs can be fraudulent. But that's usually around stolen vehicles having a written off vehicles VIN plates welded into the chassis. That's a different issue, as compared to the finance fraud mentioned here. Although I'm really not bothered by private plates, I'm just saying they don't need to be banned. In fact I'd never want a private plate. I don't want to pay for them, or the DVLA fees around mucking around with private plates. Seems like a lot of hassle and money for nothing to me !

I had similar when someone bought my car a few years ago and left it all around London streets. A dated and timed signed receipt covered this and I had no more hassle from the parking fines.