Share of cars sold with debt attached has doubled in three years
The increase is thought to be in line with more reliance on hire purchase and PCPs
New research by Cartell.ie, the vehicle data expert, which specialises in used car history reports, reveals that more people than ever are selling cars with finance still outstanding on them, a practice that is not allowed.
Cartell.ie examined a sample of 5,960 vehicles offered for sale and checked via its website in 2017 and found that 14.3 per cent of them still had finance outstanding. That’s up from 12.5 per cent in July ...
