What's the deal with these. Interested in a car, the guy is playing dumb, said he doesn't have the logbook (he's owned it a year). He says he thought the logbook was the owners manual. Maybe he's bit thick and it's all genuine.

I've never been fussed about logbooks in the past. I've bought and sold a few without and not had any issues. That was a few years ago.

These logbooks loans are a new thing. I'm wondering what the deal is with these? Do they take your logbook off you? Would a logbook loan show up on a HPI check?

I don't want to get done over on it and I know people can be desperate for money these days.