Should I lend my car out?

helencal80

Yes I was stupid to think of helping him out.

He definitely has his licence now just to be clear I have seen it. He would have been getting his father to insure the car and himself as an additional driver to bring his premiums down (is this even legal if his father is never going to be driving it?), all his previous stupid driving history is now off his licence or past the 5 years insurance companies ask you to declare.

I am not giving him my car, and he cannot afford to buy one or mine from me. It only cost me £620 and yes I have only had it since October last year. I do hope to get it back on the road when I can afford to do so.

Thanks for the info regarding what I would actually be liable for.

Mark_Mark

helencal80 wrote: »

Yes I was stupid to think of helping him out.

He definitely has his licence now just to be clear I have seen it. He would have been getting his father to insure the car and himself as an additional driver to bring his premiums down (his quotes were very high on his own), all his previous naughty driving history is now off his licence or past the 5 years insurance companies ask you to declare.

I am not giving him my car, and he cannot afford to buy one or mine from me. It only cost me £620 and yes I have only had it since October last year. I do hope to get it back on the road when I can afford to do so.

Thanks for the info regarding what I would actually be liable for.

His chequered history is all behind him and he's starting off clean by fronting.

Glad you decided not to get involved.

Robisere

Advertise it, sell it, problem solved.

DUTR

helencal80 wrote: »

Yes I was stupid to think of helping him out.

He definitely has his licence now just to be clear I have seen it. He would have been getting his father to insure the car and himself as an additional driver to bring his premiums down (is this even legal if his father is never going to be driving it?), all his previous stupid driving history is now off his licence or past the 5 years insurance companies ask you to declare.

I am not giving him my car, and he cannot afford to buy one or mine from me. It only cost me £620 and yes I have only had it since October last year. I do hope to get it back on the road when I can afford to do so.

Thanks for the info regarding what I would actually be liable for.

Your not stupid for thinking of helping him out, thats natural, but you would be unwise to help him out in that way £600 is a lot but not a lot, sometimes you have to be cruel to be kind.
Let him get up on his own feet , get himself a job support his children and he can save some money to get some transport himself.

Netwizard

Mark_Mark wrote: »

His chequered history is all behind him and he's starting off clean by fronting.

Indeed, so even IF he did borrow it and crashed it, you would still be minus a car because the insurance wouldn't pay out!

Mojisola

helencal80 wrote: »

He would have been getting his father to insure the car and himself as an additional driver to bring his premiums down (is this even legal if his father is never going to be driving it?)

No, it's not legal!

Joe_Horner

Sounds like you've seen sense in your last post but, just in case he keeps up the guilt pressure and you waver:

The only way you should even maybe consider doing this is by using the fact that the registered keeper is not always the owner.

If you do end up doing it then draw up an agreement which states very clearly that you are lending him the car for a set period (say, 3 months) and that during that time he is fully responsible for the upkeep of it, that he will be "keeping" it as defined by the DVLA so will be the registered keeper during that time, but that it still belongs to you and that he is to return it in good condition at the end of the loan. Sign it, get him to sign it, and get it witnessed by someone else. Then transfer the V5 to his name so you will have no legal responsibility for what he does with it during that time.

You still face the (very real) risk of losing your car if he screws up, but at least you'll be in the clear in terms of legal liability for anything he does and it'll be a fairly sound basis for taking action if he destroys / loses / fails to return it.

poppasmurf_bewdley

Another thought has just occurred to me.

Why not put all the keys to the vehicle away in a safe place and let everyone know that you have lost them and cannot find them anywhere.

And then, if any pressure is placed on you, you have the perfect explanation for not letting him have the car.

Mojisola

poppasmurf_bewdley wrote: »

Why not put all the keys to the vehicle away in a safe place and let everyone know that you have lost them and cannot find them anywhere.

And then, if any pressure is placed on you, you have the perfect explanation for not letting him have the car.

Why lie? If you don't want to, say no.

poppasmurf_bewdley

Mojisola wrote: »

Why lie? If you don't want to, say no.

Because, as I said, if pressure is brought. Rather than saying "because I don't want to!"