Help! Car was impounded and now the lender has it

Mercdriver

AdrianC wrote: »

You don't.

But if you've told them you are, and have received a lower premium as a result of that putting you into an actuarially-safer demographic...

Which is what the OP has told us upthread. This thread is worse than most for people not bothering to read posts carefully before responding...

Manxman_in_exile

AdrianC wrote: »

You don't.

But if you've told them you are, and have received a lower premium as a result of that putting you into an actuarially-safer demographic...

I'm assuming that's what happened but I'm really confused. Are we saying OP declared he owned "his own home" when in fact he was living with his parents (even though he owned a different property at the time - but no longer does so)?


I'm still at loss to understand how this was all discovered when he turned up at the police station. (EDIT: As I'm sure OP has said the car has always been registered for insurance purposes at the parent's home). Am I being thick?


And has it been established who the registered keeper is? Sorry if I've lost track. OP hasn't been very clear.

Mza123

So I just received the letter and the exactly clause I broke in my contract is the following:

You must keep the goods safely at your address shown on the preceding pages. You may not sell or dispose of the goods or transfer your rights under this Agreement. You may only part with the goods to have them repaired. You may not use the goods as security for your outstanding debts or responsibilities. If the goods are a motor vehicle, you must keep it at your address shown on the preceding pages when it is not in use and you are allowed to take the vehicle to any country in the EU for up to 30 days (up to a maximum of 60 days in any calendar year) but no more and you may only take the vehicle outside the UK at all if this is permitted under your motor insurance policy.

Mza123

Manxman_in_exile wrote: »

I'm assuming that's what happened but I'm really confused. Are we saying OP declared he owned "his own home" when in fact he was living with his parents (even though he owned a different property at the time - but no longer does so)?


I'm still at loss to understand how this was all discovered when he turned up at the police station. (EDIT: As I'm sure OP has said the car has always been registered for insurance purposes at the parent's home). Am I being thick?


And has it been established who the registered keeper is? Sorry if I've lost track. OP hasn't been very clear.

Where everyone is getting confused is my issue isn’t with the insurer, all they wanted was to make sure I was lying when I intially took out the policy as it would have effected my premium

Although he insurance issue did stop me from getting the car out the day I wanted , this ain’t my issue

The finance company gets notified by the police as although I’m the legal keeper, they are the legal owner.

Manxman_in_exile

Mza123 wrote: »

So I just received the letter and the exactly clause I broke in my contract is the following:

You must keep the goods safely at your address shown on the preceding pages. You may not sell or dispose of the goods or transfer your rights under this Agreement. You may only part with the goods to have them repaired. You may not use the goods as security for your outstanding debts or responsibilities. If the goods are a motor vehicle, you must keep it at your address shown on the preceding pages when it is not in use and you are allowed to take the vehicle to any country in the EU for up to 30 days (up to a maximum of 60 days in any calendar year) but no more and you may only take the vehicle outside the UK at all if this is permitted under your motor insurance policy.

So if someone takes the car without your permission, you're in breach of this condition?


How did the "friend of a friend" get hold of the keys? My keys never leave my pocket.

Mza123

Warwick_Hunt wrote: »

How did your lender get a copy of the 165 notice so quickly to get the car from the recovery yard and what insurance did they use?

I don’t think they lender needs a 165 notice to get the car out; I didn’t need one either.

I believe you only need the 165 notice if you or someone you know was pulled for no insurance; they’d be given a notice at the time they got pulled which they would need to bring, or give to the owner when they come to collect the car

The finance company sent one of their agents to collect the car, so it’s likley they were insured under a traders policy of some sort

Mza123

AdrianC wrote: »

You don't.

But if you've told them you are, and have received a lower premium as a result of that putting you into an actuarially-safer demographic...

Yes precisely. If I had said I was a homeowner and could not prove it then it would void my whole policy from date of inception

Mza123

Manxman_in_exile wrote: »

I'm assuming that's what happened but I'm really confused. Are we saying OP declared he owned "his own home" when in fact he was living with his parents (even though he owned a different property at the time - but no longer does so)?


I'm still at loss to understand how this was all discovered when he turned up at the police station. (EDIT: As I'm sure OP has said the car has always been registered for insurance purposes at the parent's home). Am I being thick?


And has it been established who the registered keeper is? Sorry if I've lost track. OP hasn't been very clear.

So what should have happened is after I proved I did own a home at the time of taking the policy I would come back and the insurer would certify cover and I would go home with the car, obviously because the finance company got the car before me this wasn’t the case.

Mza123

Anyway apologies to everyone, I realise I should have been more thorough when posting this. I!!!8217;ll take note in future.

Manxman_in_exile

Mza123 wrote: »

Where everyone is getting confused is my issue isn’t with the insurer, all they wanted was to make sure I was lying when I intially took out the policy as it would have effected my premium

Although he insurance issue did stop me from getting the car out the day I wanted , this ain’t my issue

The finance company gets notified by the police as although I’m the legal keeper, they are the legal owner.

OK - scrub the insurance aspect. Are you saying the finance company is the registered keeper on the V5?


Unless you were in some way careless or negligent with the keys, I'd think the finance company's actions are a bit harsh...