Fraud Red Flag
Outstanding finance
An unsettled HP, PCP or lease agreement registered against the vehicle. The lender still owns the car until the agreement is paid.
Selling a vehicle subject to outstanding finance without the lender's consent is fraud. The new buyer does not acquire good title and the finance company can repossess the vehicle — at the buyer's loss.
Finance is checked against the lenders' shared register, currently maintained by Experian on behalf of the Finance & Leasing Association. The check is included on all reputable paid vehicle history reports.