Ok to pay for UK car on finance from Ireland?

Hi,

I want to import a car from the UK on Hire Purchase. I intend to register it as you have previously advised here that it is ok to register a car with outstanding finance. My question is, will the car company whose bank provide the finance, have an issue with this and will they even find out given all payments will be made as usual

Regards Hugo

Hugo Macaulay (Dublin)

May 2017 Filed under: finance

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Expert answer

Hi Hugo,

Generally speaking, no bank or finance company cares very much where the payments are coming from as long as they come, but I would advise you to be up front about all this, and speak to the finance provider in question. Make sure you tell them exactly what it is you’re planning to do, as there may be implications for the loan rate and the insurance for the loan if you’re moving territory. Some providers won’t accept payments from an overseas source, so make sure you’ve checked everything out with them first, so as to ensure that all is above board should you need to change anything further down the line.

Neil Briscoe - Complete Car Advisor
@neilmbriscoe