Hi guys,
About 2 yrs ago, a friend of mine bought a R34 GTT for $25,000 then sold it about 6 months later (18 months ago) for $24k.
Anyway, yesterday the guy that bought the car off him came to see him and said the car was and still is under finance, the finance company will reclaim the car today.
The guy said he seeked legal advice and is suing my friend for the $24k, for selling the car "illegally", then my friend would have to chase the money from the original person whom he bought the car from 2 yrs ago etc etc...
In my opinion, if you buy a car, it is your responsibility to check for any theft/finance (I always check with ezyreg), or else it is your fault and you lose the car + cash.
Anyway, long story short, what do you guys think? Will the court make my friend pay the money back? (although he didnt know it himself and he wasn't the financer)
Cheers,