Who is the legal owner of car

[stevel]

Hi , My daughter had a car bought for her off her husband, he got it on finance. Now since he left home 6 months ago he got a Bank loan and paid off the vehicle. Now he say`s the Bank owns the car, is this right and does my daughter not have a say in this, since it was a gift to her, the car is not in her name...... thanks

[ostell]

Re: Who is the legal owner of car

Depends on the type of finance for the car. If it was a straight forward bank loan then the bank wouldn't normally have any claim on the car. As it was a gift to her then it's hers. What is the name on the V5 document?

[stevel]

Re: Who is the legal owner of car

so how would we find out who own`s the car , would it be any good going to the dealer , would they be able to shed light on this

[Amethyst]

Re: Who is the legal owner of car

If the car was on finance, then at that time the finance co owned the car, if the finance was paid off then they no longer have any claim over the car. If the husband has taken out a bank loan and not repaid it then he might be in debt but unless he took out the loan specifically for the car they have no claim over it as it belongs to your daughter. Maybe you should run an HP check to make sure there isn't any outstanding finance on the car.

[stevel]

Re: Who is the legal owner of car

No they wont be any outstanding finance because he as only just got the loan and paid for the car and his overdraft and a argos card from the same loan , so the loan was not just for the vehicle....

[enquirer]

Re: Who is the legal owner of car

Hi , My daughter had a car bought for her off her husband, he got it on finance. Now since he left home 6 months ago he got a Bank loan and paid off the vehicle. Now he say`s the Bank owns the car, is this right and does my daughter not have a say in this, since it was a gift to her, the car is not in her name...... thanks

Who is the Registered Keeper?

Why is he saying the bank owns it? Has he defaulted on the loan?

[stevel]

Re: Who is the legal owner of car

No they will be no default and i dont know why he said that, but he does say alot of things that are not true. Will DVLA be any use in this matter ?

[righty]

Re: Who is the legal owner of car

I suspect it was a personal loan in which case the bank has no interest in the car As it was a gift, then it's hers the husband owes the bank end of she doesn't. Check with HPI to see if there's any lien registered against it AND who's name is on the V5 is irrelevant as its not proof of ownership

[righty]

Re: Who is the legal owner of car

Also make sure he didn't get a secured loan using the family home as collateral

[stevel]

Re: Who is the legal owner of car

Thanks for all your help . The house they had was Council.

[stevel]

Re: Who is the legal owner of car

How will she get the V5 put in her name without his signiture

[des8]

Re: Who is the legal owner of car

How will she get the V5 put in her name without his signiture

you fill in a V62 (download here:http://www.direct.gov.uk/prod_consum.../dg_067819.pdf)
Send it off with £25 (I think) and the V5 arrives in about 4 weeks!

[stevel]

Re: Who is the legal owner of car

Got the form now and thank you again.......

[vanman]

Re: Who is the legal owner of car

you fill in a V62 (download here:http://www.direct.gov.uk/prod_consum.../dg_067819.pdf)
Send it off with £25 (I think) and the V5 arrives in about 4 weeks!

sorry but i must point out the V5C is not proof of ownership.

[des8]

Re: Who is the legal owner of car

sorry but i must point out the V5C is not proof of ownership.

Already pointed out post 8, but in any case DVLA have to be notified of change of keeper