I've started looking at Logbook loans today, maybe you can help. My business purchased a car for him (company car) and for ease and insurance purposes registered the V5 in his name. £15000 and there are bank documents proving the purchaser's name, i.e. the company. Now I find out (*!^%" boy) that he's taken a loan out on the car. Surely because I purchased this car I have legal title to it. Oh! its not the first time either, last time when I settled his dept (driving down M5 with Debit Card) I told Logbook Loans that I owned the car so obviously they didn't take this on board. Son's..... who needs them, but I am quite prepared to go to court if I am just. As for what my son owes , £7500 (was initally £4000) let them go through the correct channels to retrieve their money. Stupid thing is they cant get to the motor as they have no idea where it is, but in turn I cant sell it either.