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Old Jan 20, 2011 | 02:57 PM
  #18  
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Mr S1
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From: Avoiding idiots - or trying to....
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Originally Posted by Magnum PI
What Focus V8 said.

Hire purchace is finance registered against the car, therefore you dont own the car until you have paid it off

Personal loan is finance registered against you not the item purchased.
Absolutely correct.
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