Unregistered car for two years finance company still owed from six years ago I am third person to purchase can I register it ??

Hi Lisa,

I don't see why you would have any problems registering the vehicle, however you need to consider that the car could be repossessed at any time considering there is money owing on it. I imagine that the borrower may not have kept the payments up, therefore if you spend money registering it, you need to do so with the understanding that you could lose that money if the finance company finds the car.

I would suggest speaking with the person who borrowed money against it to try and persuade them to pay out the loan.

Right now the car has no value to the finance company because it would be too hard to sell. When you spend a heap of money getting it back on the road you can bet your bottom dollar that the finance company will find out where it is and they will be there with a tilt tray quicker than you can say "who wants to go on a Sunday drive?"
The finance company is legally able to take the car.
Your best option is to negotiate directly with them to pay out the finance. If you know how much is owing then you can work out how much you need to pay to them to release any right or lien they have on the vehicle....THEN you can register it.
cheers
BC