Jump to content
  • Welcome to AutoLanka

    :action-smiley-028: We found you speeding on AutoLanka Forums without any registration! If you want the best experience, please sign in. Safe driving! 

  • 0

Buying a new car


MMM

Question

I'm looking at buying a new car which is registered under a company name and has a lease with a bank. What would be the best process to reconfirm the lease has been settled and the person selling the car (Sole Director) has authority to sell this on behalf of the company? 

Link to comment
Share on other sites

1 answer to this question

Recommended Posts

  • 0

If lease is settled then there is a letter from the leasing company that should state that the lease is settled. If it's just one director in the company then he actually does have sole authority to sell the car, but there are some additional documents required that needs signing. ie: A Letter of No Objection with a company header etc.

  • Like 1
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Answer this question...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

AutoLanka Cars For Sale

Post Your Ad Free [Click Here]



×
×
  • Create New...