sx_corolla

Hahah, just looking out for people so they dont get jibbed. This stuff could seriously ruin your life for the next 5+ years. Imagine paying off a 20k loan and you losing 20k in the process just because you were too trusting with the seller. Well, I just hope ppl read this and got a heads up with buying a financed car. (also to avoid the one in reference too) Cheers well ... gotta look for another car now

It does seem logical that once you purchase the vehicle under finance, the debt owing on the vehicle "should" be still in the original persons name ..... but it doesnt work like that. The vehicle must have a clear title and no debt owing before you hand in the transfer documents into vicroads or you will have the finance company knocking on your door asking for the money. Its usual thing to happen is, you get an offical letter from the finance company through the current owners on the amount owing on finance (eg - $12,500). Then you get a bank cheque for $12,500 in the name of the finance company - NOT the owner. Any remaining ontop of that amount will be forwarded in a bank cheque to the seller. Just make sure you attain the paper work from the finance company stating the loan is paid out and then call up the finance company directly with the finance ref# to confirm this info. If something sounds really dodgey it usually is. This person in reference got seriously edgey/angry when i asked for those details and refused to provide them to me. They wanted $13000 into her bank account and the rest in cash. Didnt add up

So far no, but I'll prolly report them to the police if they dont for theft. Im just feeling sorry for the next person who will just hand over the money without making sure the vehicle debt is clear.

I was about to purchase this vehicle and found out it was dodgey deal. You will end up with a $40,000++ debt because of the finance on the vehicle. Careful!! The husband even posed as a police officer and i did the checks with no avail. This is a warning to all you corolla fans out there. Its in the tradingpost for only $18,995 03' - 72,000km - Red - In kings lake/hawthorn - Rego SNW627. Cheers

Yeah, Im stil looking but most are outta my price range. Car was on finance and they seemed very dodgey. In the process of hopefully getting my deposit back because cause they sold the car even after i had given them the deposit yesterday..... fuuuuukn btw - My mate knows the guy who drives the blue sportivo with the flower petal rims (lcd screens on both head rests). very NICE!!!!

Ahhhhh ... didnt go well. Well ... there goes my stivo .... shiiiii Thank heaps for the info tho fellas, i really appreciate it. I guess if its too good to be true then Its not worth the time.

No worries, will call them on Monday for that check. Thanks heaps. Geez .. just found out the car is on finance ... im not too sure about the procedure. Do i make sure the outstanding amount on the car is fully repaid then go to vic roads?

Just put the deposit in fellaz, will be posting pics hopefully next week ... stock tho The gears were a smooth change btw 1st-2nd 2nd-3rd ... at least it seems like it.. Unfortunately there was no silver sticker on the door hinges or around the door so does this mean its only pulling 121kw?? What do i need to do? oh yeh, 69,000km service is up ... looking at about $250?? Thank heaps!

Cheers Thanks for your help. Im actually in melbourne so no can do unless i do a day trip up there lol Ok, im set to rock up tomorrow and test it out. I think regardless of the problem, I should buy it as its still under factory warranty so all problems solved. Thanks again everyone, appreciate your technical knowledge. CHeers!!

Thanks heaps for the quick response! Im actually going to have make the decision tomorrow morning! :o Its nice to know you guys know what your talking about tho .. thanks again So what revs are we talking about in 1st gear and 2nd in terms of smooth gear change?

HI, Im on the brink of buying a 03' sportivo but need to know what sort of common problems you guys are actually having. I checked out the stivo out today and its very clean cut, but havent checked it mechanically yet. Its only been into recall once for the alarm but thats it ... its NOV build 03. Thanks Heap everyone! Kind Regards, Rollaz