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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? |
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. |
Why not just split the cost of the check with the seller? Personally I'd do it for sure regardless. |
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%. |
Give me the vin and I can run carproof for you son. |
$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. |
$50 is peanuts for information that could potentially save you from a $4000 mistake. |
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. |
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 |
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 |
I just bought a cheap beater and didn't bother with a carproof, make me want to check now lol |
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 |
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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