Buying end of lease car

[dakric]

Hello,

I'm interested in purchasing a car that has been advertised in carsales. The seller says that the car is at the end of lease and wants to let it go. Does anyone have any experience buying end of lease cars? I am concerned about the financial liability on the car and how to protect myself. If the seller wants to get rid of the car why wouldn't he just return it to the lender at the end of the lease? Any tips would be much appreciated.

Cheers.

[chicken]

i know close to nothing about leasing or finance but do a REVs check on the car if there is no interest on the car then buy the REV certificate if you buy the car then you are protected

[d.n]

hey dude! ive been in your situation before! what you do is...

1. get the rego number (number plates)

2. ask him for the vin number of the vechicle or just note it down when you go to check out the car, usually located on side door or somewhere under bonnet

3. go to vicroads and do a 'VIP' check

this will tell you if the car was in an accident or if is has any financial debt .. along with how many owners this car has had!

hope that helps .. oh yeah VIP checks will cost you $25 bux or something like that!

its better than being stuck with someone elses debt!

GOODLUCK with buying the car!