Hoping someone can give some sound advice to me. I've purchased a car through finance. My Dad now wants to take a car loan out for me to clear the finance and pay him back the money for the loan. Is this in any way questionable legally or is he free to do what he wishes with the funds from the loan?
Assuming it's an unsecured loan, he's free to do as he pleases with the loan funds.
What kind of car finance do you have? If it's HP or PCP it might be expensive to repay early. It might not be cheaper your dad getting a loan if that's your motivation.