Cars on finance

If you have purchased a new or second hand car here in Spain on finance, then the car registration will have placed a block against it called a “reserva de domino“. This is to safeguard the finance company or the bank against the car being sold whilst the finance is unpaid. Upon finalising the finance the register has to be cleared. Some finance houses and banks do this process automatically however the vast majority leave it up to the purchaser to clear the block. This reserva de domino is registered in the “Registro de Bienes Muebles (register for movable goods)” …

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