Confusion about financed car.

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cool_monk

How to buy a second hand cars which has an active finance going on. It's quite difficult to find a car, less than 18 months old, without a loan. How to ensure a safe transfer of the car?

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ask the person to foreclouse the loan and you can pay directly to finance company and pay rest amount to person and then transfer the car in your name ...for safe transfer you can buy car through brokers 

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Transfer the loan to you and pre-close it later, if you wish. 

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