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How do we do this? Registered Keeper?

OhWow
OhWow Posts: 410 Forumite
Part of the Furniture 100 Posts Name Dropper Combo Breaker

My adult son is moving abroad for work but wants to keep his car.

I will be insuring his car when he moves as the car will be at my address and I will become the main driver.

He will remain the owner, but do I become the registered keeper and complete the V5C even though he is still the owner of the car?




Comments

  • DullGreyGuy
    DullGreyGuy Posts: 18,613 Forumite
    10,000 Posts Second Anniversary Name Dropper
    Its up to you, some would say not to because adding more keepers to the V5c devalues it but that really depends how many there already have been and how valuable the car is. 

    Whats happening to his mail? You opening it for him or is he having it forwarded? If the later, physically or digitally?
  • sheramber
    sheramber Posts: 23,601 Forumite
    Part of the Furniture 10,000 Posts I've been Money Tipped! Name Dropper
    OhWow said:

    My adult son is moving abroad for work but wants to keep his car.

    I will be insuring his car when he moves as the car will be at my address and I will become the main driver.

    He will remain the owner, but do I become the registered keeper and complete the V5C even though he is still the owner of the car?




    Check whether the insurance company will insure you if you are not the registered keeper. Some do, some don't
  • jimjames
    jimjames Posts: 19,024 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    OhWow said:

    He will remain the owner, but do I become the registered keeper and complete the V5C even though he is still the owner of the car?

    No need to be the RK as long as you inform insurance that is the situation.
    Remember the saying: if it looks too good to be true it almost certainly is.
  • GrumpyDil
    GrumpyDil Posts: 2,168 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper Combo Breaker
    jimjames said:
    OhWow said:

    He will remain the owner, but do I become the registered keeper and complete the V5C even though he is still the owner of the car?

    No need to be the RK as long as you inform insurance that is the situation.
    My existing insurance company (Aviva) would not insure me on my daughter's car without registering it in my name so I think this does vary by insurer. 
  • sheramber
    sheramber Posts: 23,601 Forumite
    Part of the Furniture 10,000 Posts I've been Money Tipped! Name Dropper
    jimjames said:
    OhWow said:

    He will remain the owner, but do I become the registered keeper and complete the V5C even though he is still the owner of the car?

    No need to be the RK as long as you inform insurance that is the situation.
    My insurance would only cover if the RK was a spouse.
  • Goudy
    Goudy Posts: 2,366 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper
    If you don't want to change the keeper, change the address to yours. (if the car is registered to a different address)

    That way anything posted relating to the car comes to your address, just in his name.

    That way you are not adding any more keepers. 
  • Bigphil1474
    Bigphil1474 Posts: 3,819 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    My lad has just gone abroad for work, and he has re-registered his car to our address and we have it parked up on the drive. His mail is also being redirected to our address, as he has left his old property.
    I am a named driver on his insurance, but I will only be giving it a quick drive once a week to warm up. Probably makes me temporarily the main driver, but I'm also covered on my own fully comp policy to drive other cars, so should be okay. He is coming back for a few weeks in the summer and will sell it after that.  
    Slightly different scenario to yours, but as above, it'll be down to insurers rules.
  • OhWow
    OhWow Posts: 410 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    edited 28 April 2023 at 6:22PM
    Its up to you, some would say not to because adding more keepers to the V5c devalues it but that really depends how many there already have been and how valuable the car is. 

    Whats happening to his mail? You opening it for him or is he having it forwarded? If the later, physically or digitally?

    It's a nine year old car and he is the forth keeper. Is that good or bad for a nine year old car? The value is only about 5.5k

    He is going to let his flat as he will work abroad for at least two years, so I won't be able to get his mail.
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