new car has outstanding finance.

Luc1 · 20 October 2009 at 5:19PM

[/QUOTE]From what you and others have said its not registered with HPI or anyone else because its not a Hire Purchase Agreement (HP). HP agreements have certain rights which normal loans do not, usually referred to as halves and thirds (what i think you were getting at with the 3/4's thing).[/QUOTE]

Yes thats what I was getting at.

Lemonade_Pockets · 6 November 2009 at 5:52PM

I'm not sure if its within the forum rules but it would be worth starting a topic about this as i think quiet a few people on here have had a run in with log book loans.

Good luck in your quest. The more of these shady operations that are outed the better IMO.

*This doesn't make any sense now as the post i was replying to has been deleted.

almillar · 9 November 2009 at 2:40PM

First thing I'd do if I was the OP is indeed, hide the car. Second thing I would do when they turn up is to tell them the address you bought it from, so they can chase the person that actually owes them the money instead of harrassing innocent people!