Friend has stopped paying for car

colinod

I sold my friend a car for £3000 two years ago and got him to sign paperwork saying he would pay £100 a month and keep the car insured mot'd and serviced for period of payments. If they payemnts were not kept up or the buyer decided he could not afford car he could return it but any money paid would be calssed as rent for the period taken

Its now two years later and i am still owed £1500 i agreed lower payemnts for most of the period in the end but now he had given up his job and moved from london to devon and is refusing to answer all my contacts.

Where do i stand on this, can i get the car back, the log book is in his name from when he had to insure it.

can i report it a stolen???

what can i do?

DevCoder

File a small claim in the courts.

DCFC79

Not as good a friend as you thought is he OP ?

chanz4

As your not the keeper or have a hpi marker on it, you cant report it stolen. small claims only option

colinod

Id rather not have to file small claims, i have a key can i get the car and re register to myself?

purple.sarah

DCFC79 wrote: »

Not as good a friend as you thought is he OP ?

That's not helpful.

purple.sarah

colinod wrote: »

Id rather not have to file small claims, i have a key can i get the car and re register to myself?

Since the car is in his name, just going and getting it yourself is not a good idea. Make it official by going through small claims court, you have the paperwork he signed to prove your case.

colinod

so whats the difference between registered keeper and owner??

DCFC79

purple.sarah wrote: »

That's not helpful.

I was stating that what the OP thought was a good friend has now renegaged on an agreement set up between the 2 where the OP did his part of a friend the other didnt.

shedhead55

Can we keep to the OP's point please although with over 16k posts I don't think is fair to call DCFC79 a troll.

colinod wrote: »

so whats the difference between registered keeper and owner??

They are very different. The registered keeper is the person whose name is on the registration document and is responsible for tax, MOT etc while the owner is the person or organisation who has actually purchased and therefore owns the the car. An example is a car on HP where the finance company is the owner for the duration of the loan, or a leased vehicle where the leasing company is the owner. In both these cases the registered keeper will be the user rather than the owner.
The V5 registration document clearly states that it is not proof of ownership.

colinod

shedhead55 wrote: »

Can we keep to the OP's point please although with over 16k posts I don't think is fair to call DCFC79 a troll.


They are very different. The registered keeper is the person whose name is on the registration document and is responsible for tax, MOT etc while the owner is the person or organisation who has actually purchased and therefore owns the the car. An example is a car on HP where the finance company is the owner for the duration of the loan, or a leased vehicle where the leasing company is the owner. In both these cases the registered keeper will be the user rather than the owner.
The V5 registration document clearly states that it is not proof of ownership.

So even though i am the owner until he pays for car i have no legal rights over the car???