I Bought a Stolen Car without Knowing

[bluebottle]

Re: I Bought a Stolen Car without Knowing

The issue with stolen motor vehicles is that the law was changed during the 1990s so it means the lawful owner always retains proper title. This happened to a young lady in my hometown who was stopped by the police and had the car seized from her at the roadside. She was furious and, give the police their due, they drove her round to the, then, Volkswagen main dealer, who told her to choose any car she liked from their used stock. They had some explaining to do to the police.

If the vehicle the OP bought is subject to finance, the finance company will be the lawful owner. If an insurance company has settled a claim with the lawful owner, then the vehicle lawfully belongs to the insurance company.

I'm sorry to hear the OP has been stung so badly. Did the Met Police's Stolen Vehicle Squad ask for a statement at all? Because the OP has a pretty good case against the person(s) they bought it from for Fraud by False Misrepresentation.

[wales01man]

Re: I Bought a Stolen Car without Knowing

BETTING that the seller is nowhere to be seen?

[gravytrain]

Re: I Bought a Stolen Car without Knowing

The issue with stolen motor vehicles is that the law was changed during the 1990s so it means the lawful owner always retains proper title. This happened to a young lady in my hometown who was stopped by the police and had the car seized from her at the roadside. She was furious and, give the police their due, they drove her round to the, then, Volkswagen main dealer, who told her to choose any car she liked from their used stock. They had some explaining to do to the police.

If the vehicle the OP bought is subject to finance, the finance company will be the lawful owner. If an insurance company has settled a claim with the lawful owner, then the vehicle lawfully belongs to the insurance company.

I'm sorry to hear the OP has been stung so badly. Did the Met Police's Stolen Vehicle Squad ask for a statement at all? Because the OP has a pretty good case against the person(s) they bought it from for Fraud by False Misrepresentation.

This is true, although i think that if the OP had bought this in good faith from the original lender on a HP agreement, they would have "good title" under the aforementioned act.

I agree this would most likely not apply in the OPs case