hi there, starting this topic on behalf of my friend.
recently my friend has rented a car from his friend that was into car rental service.
he happily chose a car from another dealer and the car dealer friend was going to buy in the car to lease to him fora year .
he have opted for upfront payment for 1 year contract for the car which amounted to $30000, including SOP 2 months deposit.
he has received the hire agreement, and vehicle log (parf & coe rebate enquiry) to submit the Grab for private hire car use.
however, the vehicle log card had a column, Dereg XX AUG 2018, Exporting : Yes
Is this any normal or something my friend has to worry about?
please help out my friend as he already has passed 20k out of 30k to them.