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owner vs registered keeper?

tiger135
tiger135 Posts: 438 Forumite
100 Posts First Anniversary Name Dropper
is it possible for person a to own a vehicle but let person b use it (including doing the insuring tax and mot)?
if person b is the registered keeper, whats to stop them selling it on as they have the log book?
in that scenario how does person a prove they own the vehicle?

Comments

  • jimbo6977
    jimbo6977 Posts: 1,271 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    All of these things are possible. 

    Person A could produce a bill of sale or invoice. 
  • Car_54
    Car_54 Posts: 8,581 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    edited 19 May 2023 at 5:04PM
    tiger135 said:
    is it possible for person a to own a vehicle but let person b use it (including doing the insuring tax and mot)?
    if person b is the registered keeper, whats to stop them selling it on as they have the log book?
    in that scenario how does person a prove they own the vehicle?

    What is to stop them selling it?

    Well, at the top of the V5C ('log book') it states in large block capitals, highlighted in red, "THIS DOCUMENT IS NOT PROOF OF OWNERSHIP".

    As already said, proof of ownership is an invoice or other proof of sale.

    Is this a hypothetical question, or are you dealing with such a scenario?
  • Aretnap
    Aretnap Posts: 5,421 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    tiger135 said:
    is it possible for person a to own a vehicle but let person b use it (including doing the insuring tax and mot)?
    if person b is the registered keeper, whats to stop them selling it on as they have the log book?
    in that scenario how does person a prove they own the vehicle?

    If you lend someone your television, or some furniture, or a guitar, what's to stop them selling it? If you had to prove that you owned the shoes on your feet, how would you do it?

    Cars aren't really any different to every other sort of property that you can think of. Other than for land, there is no central registry of who owns what.

    If you are going to lend someone something as valuable as a car then presumably you trust them, so them selling it should not really be an issue...? But if you really need to be able to prove ownership you could ask them for a written agreement setting out the terms under which they are borrowing the car and making clear that it remains your property. Even that wouldn't physically stop them selling it though - if they did sell it then getting it back or claiming the money from them would be a complicated and potentially expensive process so it would be better not to do it if you don't trust them.
  • Grumpy_chap
    Grumpy_chap Posts: 16,535 Forumite
    Tenth Anniversary 10,000 Posts Name Dropper Combo Breaker
    tiger135 said:
    is it possible for person a to own a vehicle but let person b use it (including doing the insuring tax and mot)?
    if person b is the registered keeper, whats to stop them selling it on as they have the log book?
    in that scenario how does person a prove they own the vehicle?

    Is this in any way connected to finance?

    The following recent thread might be interesting reading:
    https://forums.moneysavingexpert.com/discussion/6445807/car-finance-for-3rd-party/p1
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