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Old 12th February 2010, 16:57   #1 (permalink)
 
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Cagger since : Sep 2008
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the_freedom_trail Novitiate
Default Can a car be repossessed abroad?

My question is purely hypothetical. If somebody who lived in the UK and had an English registered car on finance took it overseas permanently (France, Spain or Italy), re-registered it in the foreign country and then stopped making the repayments what could the finance company do?

Thank you for any assistance,

TFT
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Old 12th February 2010, 20:42   #2 (permalink)
 
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Default Re: Can a car be repossessed abroad?

I would say anything they want to in order to recover in the EU. Until fully paid they are the legal owners. Re registering under a foreign plate is no different to that of putting a personalised plate on in the UK. It's the 17 digit VIN number that counts and that cannot be changed unless specifically recorded such as a reshell after an accident and that is very cloesly controlled now.

I suppose it's down to exactly how far the finance company wants to pursuit it and the costs involved. I would also point out that by doing this knowingly is crimminal intent.
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Old 13th February 2010, 20:17   #3 (permalink)
 
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Default Re: Can a car be repossessed abroad?

I know for a fact that a rather large finance company in the UK have agents that deal with repossessing cars that have been taken abroad in the EU, so yes they can is the answer.

xx
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Reclaim the Right Ltd. - reg.05783665 in the UK reg. office:- 923 Finchley Road London NW11 7PE

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