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-   -   buying cheap beater privately - lien check? (https://www.revscene.net/forums/712961-buying-cheap-beater-privately-lien-check.html)

valent|n0 07-26-2017 06:50 AM

buying cheap beater privately - lien check?
 
Hi,
I am buying a beater for $4000.
the car is 2008 mitsubishi lancer with 240,000kms.

would I bother getting $50 carproof for lien check?

why would anyone put a lien on such item with almost no value?


I think the risk this car has any lien on it is so low that it is worth it to save $50


what's your thoughts?

Nlkko 07-26-2017 09:18 AM

Hell yeah. Last beater I bought was 8k and got a lien against it. Owner basically use the sales price to pay off the lien.

OriginalJC 07-26-2017 09:24 AM

Why not just split the cost of the check with the seller?

Personally I'd do it for sure regardless.

heleu 07-26-2017 09:32 AM

That's like 1% of your purchase price. Pretty cheap insurance to me.

also, I'm sure you can make a condition of your sale....they'll probably move 1%.

tofu1413 07-26-2017 09:36 AM

Give me the vin and I can run carproof for you son.

Dragon-88 07-26-2017 09:38 AM

$50 is 1 tank of gas.. Like really we ain't talking hundreds here. Just don't go out to eat for 1 day.. Boom $50 in your pocket.. You never know, maybe the previous owner couldn't afford the full value of the vehicle so went with payments instead.

ZN6 07-26-2017 09:49 AM

$50 is peanuts for information that could potentially save you from a $4000 mistake.

underscore 07-26-2017 10:07 AM

What the others have said, even buying a cheap car always factor a few $75 CarProofs into the budget. It's cheap insurance that could save you a pile of headache.

vitaminG 07-26-2017 10:07 AM

i never done it, bought over a dozen vehicles and never had one with a lien on it... that said for $50 its pretty cheap insurance to get the vehicle history and lien check

oldsnail 07-26-2017 08:09 PM

i bought a 1000 car that had a lien on it before.

i would always do it just as a precaution since debts follows the car

JSALES 07-27-2017 03:10 AM

I just bought a cheap beater and didn't bother with a carproof, make me want to check now lol

RuckRider 07-27-2017 04:54 PM

if it had a lien wouldn't it say on the title that the owner is the private seller and the financial institution that the private seller use to buy the car? also since its a 2008 car whats the chance that it will have a lien on it considering its a 9yr old car it should be paid off by now if ever no? i just a bought a 08 car aswell now im worried if it has a lien on it :( can you run a inspection for me tofu? please

donk. 07-27-2017 07:34 PM

purchased 17 cars, only two expensive ones i have ran checks on. 10-20k used.
never had a problem, but you never know.


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