Ownership of car

Kentselon

Hello one and all I have a problem I pay for car on finance and bought the car got 14 months left on payments I used to have logbook in my name but swapped due to wife getting tickets and not paying for them so my credit rating wasn't good so I had logbook in my name for 2 3/4 yrs she has it tje last year now we're separated who owns that car and if I tje payer of the car believed it's mine what can I do thanks steve

foxy-stoat

Kentselon wrote: »

Hello one and all I have a problem I pay for car on finance and bought the car got 14 months left on payments I used to have logbook in my name but swapped due to wife getting tickets and not paying for them so my credit rating wasn't good so I had logbook in my name for 2 3/4 yrs she has it tje last year now we're separated who owns that car and if I tje payer of the car believed it's mine what can I do thanks steve

Hard to read but, the V5 is not proof of ownership, it says that on the front.

The legal owner is whoever bought it, you should have the receipt with your name and address on. In this case the lender has an interest in the car with whoever signed the credit agreement.

Kentselon

Sorry my English so if I get car company to send my details through with me purchased car that's prove it's mine

neilmcl

You say the car is on finance, is this a loan or some kind of PCP/HP arrangement? If it is the latter then I'm afraid to tell you the owner of the car lies with the finance company.

Kentselon

Yes you are right the finance company obs owns the car till payment is made but I want to sell car to finish paying of the finance is this still possible the car finance is all in my name

neilmcl

Kentselon wrote: »

Yes you are right the finance company obs owns the car till payment is made but I want to sell car to finish paying of the finance is this still possible the car finance is all in my name

You have to get their permission to do so. Also, you will find it difficult persuading a private buyer to buy your car with existing finance on it.

Kentselon

Ok I thought that would be easy bit it's asking dvla that I pay for car and somehow get away with selling it from under her nose should I inform police on matter that she's driving my car
All very complicating

foxy-stoat

Ask finance company for a settlement figure for the loan.
See how much you can sell it for on the open market, if it is more that the balance and you are allowed to sell it then;
You need to take the car back, get all the documents, re-register it to your name, pay the VED and take out insurance or keep it off the road and register it as SORN, would make if harder to sell though.

Good luck.

wgl2014

Have you asked her for it back

Kentselon

Iv sent email to dvla enquiringly how ownership works so will wait but I have the original documents on finance and everything in my name and what our my options on getting my car back in my name I'm not sure how dvla will deal with my request but as you said getting my name on documents could be tricky
I'm no that's sure on the law of the matter though interesting dilemma

Kentselon

Not sure she will hand it back as she just won't I'm not sure if I should inform police of my actions