has or /ip exempted car then asked v5

scottishsodapop

yeah i think your right peachy wife sayed after her interview i dont trust him he was to nice lol
thanx anyway guys ill let you know how we get on

Antoine_Roquentin

blind-as-a-bat wrote: »

I simply dont see why they think they need too at all, it does not give them any power over the property, or the person on the trust deed, or protect them in any way, as it means nothing.

A V5 is only there so the DVLA knows who to send the fine too if the car is not kept taxed or sorn, and so the registered keeper can be traced if needs be after an accident etc so the driver can be identified

I don't see the point in it either but some practices do ask for them. I'm guessing but I presume it's because the IP takes the view that the car vests in the Trustee and as such he should hold the papers. Possibly there's also a psychological factor in making the debtor realise the fact that the car is no longer theirs - should it not be exempt.