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  1. #1

    Question Car Was Repoed from Previous Owners

    My question involves a consumer law issue in the State of: Vancouver Canada but just need some basic help and an idea of what I can do.

    I purchased a car last week from a guy who had been the third owner of the vehicle. He had done a lien check and same with the previous owner. The car is a 02 acura rsx, and had rebuilt status so the price was right since it had many modifications so I went ahead and bought it. So last night the tow truck showed up and repoed it. Saying that the first owner of the car owed $14,000 still on the car and hadn't payed for 4 months, so the bank seized the car. But my question is since the 2nd owner did a lien check and showed nothing and then the 3rd owner did a lien and showed nothing since I don't know who would be willing to buy a car that had over a $14,000 lien on a car that was maybe worth that much all together. Another thing that I find is weird is since the car has been in repo for 4 months now why didn't they come after the last owner at all? it's been sitting right infront of his house just like it was mine.

    Another thing is, Since this car is a rebuilt, wouldn't the insurance company paid off the original loan to the bank after they handed out the cheque? cause when my last car got stolen I still owed $16,000 on the car but they paid me out $19000 so the cheque was made out to the bank and the bank gave me the extra $3000 that was paid to me. so I don't know if anybody knows anything about that but I thought i'd give it a shot.

    So basically my question is.. What now can I do.. We have the original owners name and the co-signer which is his brother which gives the car 2 seperate liens. As far as sueing goes what are my options now? who do I sue and how much can I sue them for? or is there any other way to get this car back?

    your help would be appreciated.

  2. #2
    Join Date
    Sep 2005
    Location
    Behind a Desk
    Posts
    98,846

    Default Re: Car Was Repoed from Previous Owners

    You're in Canada? You need to be asking a Canadian board or lawyer.

    The laws in the U.S. are very different on these issues than the laws in Canada. In my opinion, the UCC is a very good, solid set of laws - there's no harm in telling your provincial and federal legislators to consider adopting it, creating uniformity across the U.S. and Canada, but unless and until that happens you need to be posting somewhere that they can advise you on Canadian law.

  3. #3
    Join Date
    Mar 2009
    Location
    Key West, FL
    Posts
    2,350

    Default Re: Car Was Repoed from Previous Owners

    Here in the old USofA car titles have the lien holders listed.

    Nobody in their right mind would ever purchase a car with a lien on it. Selling a car with an unsatisfied lien might well be a criminal offense.

    If the lien was not on the title, when you turned in the old signed title and got the new title in your name, without a lien holder, then nobody could repo the car. That would be stealing.

    Here we have CarFax. You might have heard of that.

    And if the deal is too good to be true, that is because you are being scammed.

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