Needing to sell car


(Margaret Kent) #1

Hi does any know if you can sell a car in France if there is credit owed on it.
As I said before my husband died at the end of July and he had bought the car with a deposit and credit, he had taken out insurance for death but they refuse to cancel the loan because he had a blood clot 3.5 years ago and he died with that being part of the cause of his death.


(Anna Watson) #2

Doubtful.
One of the documents in the sale process is the certificat de non gage that the seller applies for, to prove to the buyer that the vehicle is clear of any kind of debt.
Before the system went online it was up to the buyer to insist on this if the seller didn’t provide it voluntarily, and for a cheap car not everyone bothered. Not sure how it works with ANTS but it may be that this certificate is one of the documents that automatically has to be provided.
I think you would need to explain the situation to a prospective buyer and see if they will come to an arrangement to pay the outstanding finance off, in exchange for taking ownership.


(Graham Lees) #3

Is this English or French finance?
Either way, if your insurance doesn’t cover it, you have little alternative in my view other than to discuss disposal arrangements with the finance house.


(Sandy Hewlett) #4

Margaret, can you let us know the make and model of the car, mileage etc., and desired price? I have a few friends looking for cars at the moment so could spread the word.


(Margaret Kent) #5

Hi Sandy it is a Peugeot 2008 suv, first registered August 2016, 20000kms, cost In June was 13000 euros will accept 11000euros. Guarantee remaining until December.

Thanks,

Margaret


(Margaret Kent) #6

The colour is white.


(Margaret Kent) #7

It is French Insurance, what do you mean by disposal arrangements with the finance house?

Thanks


(Graham Lees) #8

If I understood your post correctly, you want to dispose of the car.
The finance company presumably own the car or have significant interest in it so will be concerned with how the disposal of the car is dealt with.
Or at least with repayment of the loan during the disposal process.


(stella wood) #9

This is an informative article… Margaret…

I think, how you proceed will depend on how the loan contract was worded.

I would not want you to be left still owing the Loan company, after you have sold the car… :roll_eyes:


(Jane Jones) #10

I don’t think you speak a lot of French Margaret? The article Stella posted basically says that you need to check the detail of the credit agreement as in some cases you cannot sell the car freely.


(stella wood) #11

Thanks Joan… I was presuming that someone who speaks French is helping Margaret through the maze of things to be done…

Certainly Margaret needs to understand exactly what the Loan is all about and how she can proceed… our Mairie often helps out our Brits who get themselves in difficulties… perhaps her Mairie could help… just a thought…


(Margaret Kent) #12

My Marie is French and he does not speak English. It is my French neighbour who is helping me, he reads the letters phones the necessary people and makes and comes to appointments with me, how we understand each other I don’t know. All the people we new who speak French fluently have all been to busy to help me.


(Margaret Kent) #13

I will be getting an appointment with a juridique who speaks some English and let her deal with it. I don’t think notaires deal with this type of thing do they.