Guys, please help advice! I am purchasing a used vehicle from Company A, but on the vehicle log card, the owner of the car is NOT company A but another company. (Let's call it company B)
When I ask company A to give me the full UEN of the company that own the car, they refuse to give me.
They explain that the reason why the car ownership is company B, is because they not enough cash to purchase the car from the seller previously, so they borrow money from company B. So company B keep the ownership of car to be safe.
So should I still purchase this car from company A? Is it safe?
Please advice!
xoxo