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07-Apr-2009, 04:05 PM
#21
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Join Date: Apr 2002
Location: Hamilton
Posts: 6,647
07-Apr-2009, 06:25 PM
#22
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Join Date: Jan 2008
Posts: 48
no idea but it went thru, for my buyer and dealer did the work for me. Anyways problem is solve its one of those stupid errors made by the financing company, when they took the vehicle back from the people who didnt pay the financing, and sold it. they forgot to clear the lien
11-Apr-2009, 10:40 AM
#23
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Join Date: Jan 2009
Location: Etobicoke
Posts: 2
no idea but it went thru, for my buyer and dealer did the work for me. Anyways problem is solve its one of those stupid errors made by the financing company, when they took the vehicle back from the people who didnt pay the financing, and sold it. they forgot to clear the lien
I highly recommend that you call Car Help Canada .contact Mohamed Bushama and tell him your story,it will cost you $50 membership fee but it's well worth it IMO,they can help you out with your dilemma.
Good luck.
11-Apr-2009, 01:08 PM
#27
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Join Date: May 2006
Location: Observation Deck
Posts: 17,528
no idea but it went thru, for my buyer and dealer did the work for me. Anyways problem is solve its one of those stupid errors made by the financing company, when they took the vehicle back from the people who didnt pay the financing, and sold it. they forgot to clear the lien
11-Apr-2009, 05:52 PM
#28
well i know this is resolved and all, but in general i'm pretty sure it's buyer beware. if you fork over cash for a car that has a legitimate lien on it, you bought that liability as well and are responsible for it (and not the previous owner).
12-Apr-2009, 06:07 PM
#33
Senior Member
Join Date: Feb 2008
Posts: 494
Nothing prevents you from registering a car with an outstanding lien. All that a lien means is that someone else also has a legal stake in the car's ownership. Once the financing is paid off, the lien should be discharged, but sometimes the paperwork falls through the cracks, as appears to have been the case here.
The issue of the dealership selling you a wrecked and repaired car without diclosing the fact is something else, but it may be a bit late to go after them for that. If the dealership is a member of TADA (Toronto Automobile Dealers Association), you might considering filing a complaint with them.
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