Selling a car - can they take car away same day?

mikey72

~Chameleon~ wrote: »

But you wouldn't "own" the car if it wasn't registered to you!! This is a loophole that was closed back in the 80s to stop people driving all manner of vehicles of far higher class on a cheap insurance policy by insisting the other car was also insured by it's "owner".

For example, a relative could "own" an uninsured top of the range sports car yet I could legally drive it on a 3rd party insurance from the fully comp policy on my little mini.

Ever since the 80's (and before) I have had third party cover on uninsured vehicles not owned by me. The only exception I had last year was not owned by my spouse either. The other vehicles do not need their own insurance. This I agree is being phased out, most insurers specify the policyholder must be over 25 for the cover to be operative, and some are now specifying the other car needs it's own insurance. If you want to make use of this cover, as I do, check before you buy.

mikey72

Actually, there has been one other important change.
From "vehicle" down to "car". My cover used to extend to vehicles, which included vans. Some cover doesn't now, and defines cars specifically, so even excludes car derived vans.

Norman_Castle

For example, a relative could "own" an uninsured top of the range sports car yet I could legally drive it on a 3rd party insurance from the fully comp policy on my little mini.

Years ago I knew someone who rode his nans Kawasaki Z900 using his third party cover.

thenudeone

~Chameleon~ wrote: »

I've not had reason to check it recently as I haven't needed to drive anyone else's car for quite a while but it certainly was always the case for as long as I can remember and used to state as such on my insurance documents. Can you point me to legislation that says this is no longer necessary?

There no legislation involved. If an insurer wants to offer you cover for any type of vehicle of any description owned by anyone, that's a commercial decision which they are entitled to make. The only statutory requirement is that a certificate of insurance is issued.

~Chameleon~ wrote: »

If this is the case then why would anyone register and insure more than one vehicle in their household if they can just drive them all on their 3rd party insurance for the car they own? :rotfl:

A) because insurers always (in my experience) exclude cars owned by (or leased to) the policyholder from DOC cover, precisely to stop this abuse.
because the policyholder may want more than third party cover?
C) because only the policyholder is covered, not any additional drivers, so additional drivers would only ever be able to drive one vehicle in the household, which could be inconvenient. and probably make them main driver of that car even though they aren't the policyholder.
D) because the keeper of every car now has a legal obligation to ensure that every car which is not declared off the road has an insurance policy against it, even if it's stored on private land.

Apart from that, you were spot on :rotfl::rotfl::rotfl::rotfl::rotfl::rotfl: