Seems to good to be true, am I missing something?

 

http://www.autotrader.co.uk/classified/advert/201312050361106/sort/default/usedcars/seller-type/private_adverts/engine-size-cars/1l_to_1-3l/onesearchad/used%2Cnearlynew%2Cnew/postcode/ln60dr/make/skoda/radius/1500/model/yeti/page/1/fuel-type/petrol/transmission/manual?logcode=p

Given their inability to spell, maybe they spelt the price wrong too ?

Could be a con - be careful!

if you asked them nicely they might even meet you at a motorway service station to complete the hand over of the cash.

I was just looking, not in the market to buy at the moment, but I'd expect to be paying about £12k for one of these.

Either "not enough miles" and possibly used only for short journeys (implying engine and mechanicals knackered), or a Cat D write-off re-built. Perhaps? 

Edited 4 January, 201412 yr by FlintstoneR1

DVLA site says the car is SORN'ed.

 

Andy

Because the tax expired on Dec 24th.

Duplicate

Edited 5 January, 201412 yr by freedie

It may have a "log book loan" against it that doesn't appear on a HPi check 

"Log book loan"? New terminology to me. Is that the same as a forged V5C?

no a log book loan is then you take out a personal finace loan using the vehicle as a surety

Desperate times, maybe straight.

Tread with care but every rule ("if it's too good to be true - it isn't") needs an exception or two!

Bottom lines:

Is the saving worth the nagging feeling that something is gonna bite you, it's just a matter of time?

Is the saving enough to ameliorate worst scenario? 

I know someone that got stung with this logbook loan before and it did appear on BBC's Watchdog I think. 

 

So if that person had a "loan" on the V5 of the car then its technically not his to sell until its paid back. My friend was lucky I guess losing only £2000 but it could be worse.

 

If something looks too good to be true it usually is. :think:

A log book loan is a classed as a chattels mortgage and is a very binding contract but at the very low end of the law. They do show up on HPI checks.

I can't work out why the tax would run out on the 24th when you buy it in full months?

I believe that the law changed recently to say that if a car is taxed then it must also be insured, and if not insured the owner is obliged to return the tax disc and compete a SORN. Which might explain the tax running out on Christmas Eve.

If I was really desperate to sell for less than market value I'd be calling the company with the catchy advert who will apparently buy anything

Because the tax expired on Dec 24th.

 

Thought tax expired at the end of a month??!!

Alarm Bells...

Thought tax expired at the end of a month??!!

It does!!

 

As said, alarm bells!!

Thought tax expired at the end of a month??!!

 

I believe that the law changed recently to say that if a car is taxed then it must also be insured, and if not insured the owner is obliged to return the tax disc and compete a SORN. Which might explain the tax running out on Christmas Eve.

I think the post from greenstripe seems to explains the anomoly- tax probably ends on the exact date SORN is declared.

I'm curious why the private seller is advertising it can be sold with a 3 year warranty.

 

I wouldn't touch it.

Only one key in the log book picture too, it's a no from me & I love a bargain!!