just curious

Debtless_2

if my car is exempted from BR

am i allowed to sell it? to buy another car?

the reason i ask is at the moment the OH drives my car when i am not using it and when i have gone BR she will be buying her own car with her money. since i won't need a car so big if it is exempted can i sell it to buy a smaller car to use? also would it matter if i am the policy holder for her car as it is too expensive for her to insure it in her name. sounds dodgy i know but we are talking 3-4 months into BR maybe more.

peachyprice

Yes you can do that, that's a question I asked my OR and she said it was fine.

Debtless_2

so i presume that if i sell the car and buy one for less money as long as the car is exempt i can keep the difference?

Merry_Gentry

Debtless wrote: »

so i presume that if i sell the car and buy one for less money as long as the car is exempt i can keep the difference?

My understanding is that if your car is exempted by the OR then what you do with it is your business. So yes, selling your car, buying a smaller one and pocketing the difference should be fine.

dalip

Debtless wrote: »

if my car is exempted from BR

am i allowed to sell it? to buy another car?

the reason i ask is at the moment the OH drives my car when i am not using it and when i have gone BR she will be buying her own car with her money. since i won't need a car so big if it is exempted can i sell it to buy a smaller car to use? also would it matter if i am the policy holder for her car as it is too expensive for her to insure it in her name. sounds dodgy i know but we are talking 3-4 months into BR maybe more.

Just being nosey here but if our OH does not work(as you have told us) where is she getting the money from to buy her own car D

Debtless_2

does sound dodgy doesn't it???? he he

her dad left her money when he died years ago (she was only 9)

dalip

Oops Q Bh:d

Dez-Titute

Hi Debtless,

Being the registered keeper of a vehicle does not constitute ownership.Know wat I mean nudge nudge wink wink.
However for the OR to allow you to keep your vehicle it would have to be considered a neccesatity therefore if you sell and dont replace it could impact on whether it was required in the first place and could change details on you SOA .Whatever the OR would need to be informed.

Merry_Gentry

Oooh hadn't thought of that Dez-Titute :eek: :eek: Mind you, since Debtless is going to replace the car with a smaller, more economical one it shouldn't cause too much trouble should it??

I only ask as H and I are thinking of getting smaller, more economical cars once we're on the other side of BR which will obviously have an impact on fuel costs, and possibly car tax but probably not enough to affect our SOA that much

Debtless_2

i think i stand a good chance of keeping it as i work strange hours 1am -5am starts, live in the sticks with no regular bus service and no bus service to where i work 9 miles away, nearest supermarket is 8 miles away, doctors is 8 miles away hospital is more etc. hope thats good enough.

Debtless_2

dalip wrote: »

Oops Q Bh:d

it's ok she doesn't read this.