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Showing results for tags 'loan car'.
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Hi I posted earlier about bill of sale, now I've got a bigger problem. My dad purchased my car for me, and gave it us as a gift for our grandchildren. I went and got a stupid log book loan on the car, now my dad has told me that he has outstanding finance on the car. The garage told him it was fine to buy the car on finance in his name and have the log book in my name. I didn't know it was on finance it was all kept hush hush from me. I didn't know till today after I mentioned my difficulties with log book loan to my dad. My dad doesn't want to get into trouble as he has a fantastic credit rating and has been misled by the garage. What do I do about the logbook loan, surely they can't have the Bill of sale on it if it has outstanding finance. Do I tell the logbook loan company or will this get my dad in trouble which I do not want to do.
