Automotive

Buying a vehicle with a lien on it

  • Last Updated:
  • Jun 21st, 2018 3:27 pm
[OP]
Newbie
Jun 13, 2018
1 posts

Buying a vehicle with a lien on it

So I'm looking into buying an older vehicle (year 2000) so I went to an Alberta Registry and got a "Vehicle Information Report" on it. The car has been registered several time in Alberta in multiple cities and has 1 lien on it. So I went the next step and got a "Personal Property Registry Search Result Report" by the VIN number. It showed that the vehicle was seized back in December 2006 for a several thousand dollars for Calgary auctions. It also has two creditor(s) and the debtor who is not the current owner of the vehicle (one of the previous owners I am assuming). Since then the car has been registered multiple times throughout Alberta. Should I be worried?

UPDATE: I did some more research and contact the Alberta Government and talked to the same sector that can distributes “Personal Property Registry Search Result Reports”. The person I spoke too told me due to seizure being incredibly old I should contact the “Civial Enforcment Agency” that seized the car to see if they forgot to discharge the vehicle and debtor. So I did and that turned out to be the case and got emailed a copy of the “Report of Discharge”. At this moment I am hoping all is cleared up with the liens.
4 replies
Deal Fanatic
User avatar
May 11, 2009
7644 posts
4335 upvotes
Debtario
Why bother?
"I possess a device, in my pocket, capable of accessing the entirety of information known to man. I use it to look at pictures of cats and get in arguments with strangers"
Deal Expert
User avatar
May 10, 2005
36455 posts
10770 upvotes
Ottawa
M1K3Z0R wrote: Why bother?
I agree.
It s an 18 year old car. You stated it had several liens against it and your update only mentioned one of them. I suggest you stay away from this one.
Banned
Apr 5, 2013
5810 posts
3014 upvotes
keenland
who cares?...its an 18 year old car... seizing a vehicle costs money..depending on how much the lien is for and if its up to date...its probably not worth a seize and sell. bailiffs, tow trucks court orders all cost up front money. chances are with an 18 year old car..they assume it scrap by now.
Deal Guru
User avatar
Jan 11, 2004
10147 posts
990 upvotes
Toronto
i WOULD pass on the car, unless its a rare care like a NSX or somethng.
"When operating the viewfinder diopter control with your eye to the viewfinder, care should be taken not to put your finger in your eye accidentally."

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