When purchasing a used car, it’s essential to ensure no outstanding finance on the car. An outstanding finance check is a crucial step to avoid any potential issues that may arise in the future. This type of check is also known as a car finance check or a lien check.
It verifies whether there is any finance owed on the car and whether the car has any existing loans or debts against it. By performing an outstanding finance check on a car , you can safeguard yourself from purchasing a vehicle with an undisclosed financial history.