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I had an accident while renting a vehicle from a friend

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  • born_again
    born_again Posts: 20,393 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    My friend had a motorcycle
    he had trouble making the monthly payment of £70
    was made the registered keeper of the vehicle and I then taxed and insured the vehicle.

    There are a lot of assumptions being made by poster's here, with their answers...

    It could well be a bank loan, rather than a finance deal, given that the OP was made registered keeper.

    OP find out what he owes to pay of what is owed on the bike. Then keep the rest.
    Life in the slow lane
  • Update

    The insurance company has just contacted me and informed me that they will pay the finance company directly and requested details of the finance company name, reference number, balance and contact number.

    I've forwarded the letter to the 'friend' and requested that information.
  • Mercdriver
    Mercdriver Posts: 3,898 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper
    born_again wrote: »
    There are a lot of assumptions being made by poster's here, with their answers...

    It could well be a bank loan, rather than a finance deal, given that the OP was made registered keeper.

    OP find out what he owes to pay of what is owed on the bike. Then keep the rest.

    My car is on a finance deal and I am registered keeper. OP has given enough clues to demonstrate it is finance - hence saying the insurance company is going to pay the finance company directly.
  • Jumblebumble
    Jumblebumble Posts: 1,993 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    edited 23 January 2020 at 1:20PM
    Mercdriver wrote: »
    Looking online, a partner/wife/family member may drive it if they meet the criteria:

    "Below is the Total Care driver-eligibility criteria:

    All drivers must be aged between 21-70.
    They must be in possession of a full UK/EU driving licence that has been valid for at least 12 months.
    Drivers must not have more than two own-fault claims in the past 24 months.
    Anyone using the vehicle cannot have more than 6 points on their driving licence.
    They must not have received a driving ban in the past 60 months.
    Drivers must not have been advised to stop driving by a medical professional or the DVLA due to a medical condition."

    This is from just one agency, but as owners of the vehicle they can make stipulations as to who may drive it.[/QUOTE

    The limitations you quote are from the insurance company in the agreement you quote as total care includes insurance.
    This however does not apply to the OP ( or indeed my lease which says that anyone can drive it as long as I authorise them and they are insured and qualified to drive it)
    My lease do not even ask for proof of who is insured
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