debt in used car

[CPH]

Hi,  How can I be sure that a used car I want to buy does not have any debt or is a leased car. (the owner have the blue book)

[giddyup]

Don't think you'd have the blue book if either was the case.

[Peterw42]

Check the blue book, if its under credit often the finance company is still the owner in the book

[giddyup]

Just now, Peterw42 said:

Check the blue book, if its under credit often the finance company is still the owner in the book

I thought the finance company held onto the blue book until the debt was paid.

[CPH]

Thanks alot for your help

[Peterw42]

On 07/04/2018 at 5:06 PM, giddyup said:

I thought the finance company held onto the blue book until the debt was paid.

You usually need the blue book to renew the tax, get insurance etc, so often you get the blue book but the finance company is listed as the owner, Wife had the book when car was under finance but finance Co was the owner. Different companies probably different rules.