There is not much of a story to tell yet.
I realise though I have been very naive, if not outright stupid.
I bought a van advertised on ebay.
Went down to Huddersfield to pay for and collect it.
The AA check was clear for finance and being stolen etc.
The log book was present but (and here is where I was really stupid)
the address on the logbook wasn't that which I bought the van from.
The vendor said he would buy and sell things he saw that he thought he could make a little money on.
He showed me another advertisement for the van where he had bought it, at somewhat less than I was buying.
I didn't mind that as it was a reasonable price (not stupidly cheap mind) and he stood to make a few hundred out of it .
He had sent the yellow dealer slip off because he didn't want to have an extra name on the log book unnecessarily.
He had had it serviced.
He had all the service records,
two fob keys and two other keys,
all the history and receipts - it seemed unlikely to be stolen
and as I said the HPI AA check was clear.
I had never heard of log book loans at that point - I came across them only this week.
I then looked at the AA check and saw that although the previous keeper had been registered in March 2011
the logbook itself was issued on June 2014.
That's when I figured I have probably been had and I can see what coming- but I don't know yet.
I am still waiting for the log book to be returned
I spoke to DVLA and they said there is no problem and it will come through
- a second AA check showed the new keeper being registered on the date I bought the vehicle
so I am pretty sure the vendor sent the form iff.
Only two things I can see maybe in my favour are that that the HPI check was clear.
(As I say I did another one last week and it is still clear),
I live in Scotland where the BOS law is not recognised in the same way (as far as I am aware).
I don't know if an English high court repossession order could be enforced in Scotland,
and I wonder given that I bought in good faith and that its seems that the loan company probably didn't register with HPI
(and follow the code of practice) if a Scottish court may choose not grant one at all.
That sums it up really.
Anyone any experience with Scottish repossession orders under English law?
I'm sure it will not be quite so straight forward at the least.