Registered Keeper Clarification

Afro_Thunder

vikingaero wrote: »

Didn't we have a thread on Motoring not that long ago where the Registered Keeper was a lady, but it was her father (who didn't have a driving licence) was the hirer under the HP agreement? The Finance company found out and wanted the car back.

do you remember how they found out?

mikey72

Afro_Thunder wrote: »

I hate it when OP disappear! where is he...

What you are saying is interesting. So the OP wife can get seperate insurance despite her not being the legal owner or registered keeper? That dont sound right to me but I'll take your word for it.

We've done it for years. Saves another keeper on the V5, but it also means I get the mail for her car, she gets the mail for mine. I buy her tax disc, she buys mine. We used to have to phone the insurer as the question can be either "do you own the car etc", but more recently it is asking if you or your spouse own the car etc, and gives you a choice for either option.

mikey72

Afro_Thunder wrote: »

do you remember how they found out?

It was a new car, from memory wasn't it when they got all the paperwork from the dealer?
Didn't post back did they?

charlearose

dont know if this helps but my husband leased a car an audi tt in his name the finance company lombard was the registerd owner and kept the v5 document and sent us the tax each year

but i insured it myself on my own insurance at a different address as other half as we were living apart at the time with husband as a named driver in case he needed to drive the car

the car was recently written off and my insurance company paid the finance company the amount owed on finance almost 17000 and paid the difference to me several thousand pounds not to my husband as it was my insurance not his they did ask me if i wanted the check to go to him

there was no issue with me not being the registered owner r of the car
the insurance company just asked a few question and it was settleled within 2 weeks

Hammyman

Afro_Thunder wrote: »

I hate it when OP disappear! where is he...

What you are saying is interesting. So the OP wife can get seperate insurance despite her not being the legal owner or registered keeper? That dont sound right to me but I'll take your word for it.

Been the case for years. Anyone can take out an insurance policy on any car they wish. You could PM me your registration and there's nothing to stop me taking out an insurance policy on it. It is merely a policy that covers me to drive that car and means nothing other than that.

kev.s

simple solution would be F**K they're finance off, get a loan, buy car cash, register in your wife's name.
finance company can stipulate goods are in the same name as those taking the finance, you want their money you play by their rules.

mikey72

Hammyman wrote: »

Been the case for years. Anyone can take out an insurance policy on any car they wish. You could PM me your registration and there's nothing to stop me taking out an insurance policy on it. It is merely a policy that covers me to drive that car and means nothing other than that.

Not normally, usually only direct family, and quite often limited to spouses by some companies.

oliverd1981

Of course adding an new keeper on the v5 implies that the car has had more owners from new and makes the car less valuable if the finance company come to sell it.