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Title: I'm sure there's a moral to this story somewhere.... Post by: Claw75 on November 01, 2007, 11:44:47 AM safe for work :)
http://www.buyyourcar.co.uk/Spec/Jaguar/S-Type/Code/USDJAB927HE10618326.aspx Title: Re: I'm sure there's a moral to this story somewhere.... Post by: byronkincaid on November 01, 2007, 12:09:19 PM Quote But The Idiot Had The Car Registered In My Name So It's Mine To Sell. Wrong Title: Re: I'm sure there's a moral to this story somewhere.... Post by: Laxie on November 01, 2007, 12:37:51 PM Looks like there's a chick out there with 'issues'.
Title: Re: I'm sure there's a moral to this story somewhere.... Post by: kinboshi on November 01, 2007, 12:47:13 PM Quote But The Idiot Had The Car Registered In My Name So It's Mine To Sell. Wrong How does it work then? I would have thought that if you were the registered owner, it was your car to sell or do what you want with? Title: Re: I'm sure there's a moral to this story somewhere.... Post by: byronkincaid on November 01, 2007, 01:24:05 PM If you get car finance then it's your name on the reg doc but the car is owned by the finance company. The person on the reg doc is not necessarily the vehicle owner. I could register a car in my daughter's name but she couldn't sell it to one of her school friends for a packet of smarties and a tweenies magazine.
Title: Re: I'm sure there's a moral to this story somewhere.... Post by: kinboshi on November 01, 2007, 01:48:46 PM If you get car finance then it's your name on the reg doc but the car is owned by the finance company. The person on the reg doc is not necessarily the vehicle owner. I could register a car in my daughter's name but she couldn't sell it to one of her school friends for a packet of smarties and a tweenies magazine. What about if it had been bought outright? Who decides who the car belongs to, other than the name on the registration documents? I'd heard something about a 66% rule. If you'd bought a car on finance, and you'd paid back more than 66% of the loan, then the finance company could no longer repossess the car (but they can sue you for the outstanding amount of course). Not saying that's at all relevant here, but was just interested ;D. Title: Re: I'm sure there's a moral to this story somewhere.... Post by: byronkincaid on November 01, 2007, 02:34:39 PM Quote What about if it had been bought outright? Who decides who the car belongs to, other than the name on the registration documents? it's been a while since i used to do this so things might have changed but as far as i know it's the same as if i say you have got my fridge in your kitchen, a judge decides i guess. Quote I'd heard something about a 66% rule. If you'd bought a car on finance, and you'd paid back more than 66% of the loan, then the finance company could no longer repossess the car I think you're thinking of the rule of halves and thirds, if you have paid a third they need a court order to repossess, if you have paid half you can hand the car back and terminate the agreement. Finance companies hate that a lot. eg http://forums.moneysavingexpert.com/showthread.html?t=193156 (http://forums.moneysavingexpert.com/showthread.html?t=193156) Title: Re: I'm sure there's a moral to this story somewhere.... Post by: kinboshi on November 01, 2007, 03:06:24 PM :)up
So in this case, the bloke would have to prove that it was 'his' car in court and not his missus's (assuming it's not on finance)? Title: Re: I'm sure there's a moral to this story somewhere.... Post by: Bongo on November 01, 2007, 03:10:28 PM http://forums.moneysavingexpert.com/showthread.html?t=193156 (http://forums.moneysavingexpert.com/showthread.html?t=193156) Good to see MSE is back up and running again! Title: Re: I'm sure there's a moral to this story somewhere.... Post by: Robert HM on November 01, 2007, 03:16:24 PM A Registration doc is to show the registered KEEPER, not owner.
Title: Re: I'm sure there's a moral to this story somewhere.... Post by: reenot on November 01, 2007, 03:18:59 PM Registration document shows registered keeper. Bill of sale proves ownership.
Title: Re: I'm sure there's a moral to this story somewhere.... Post by: Claw75 on November 01, 2007, 03:21:06 PM Looks like there's a chick out there with 'issues'. I can't think why he was driven to having an affair.... ;whistle; Title: Re: I'm sure there's a moral to this story somewhere.... Post by: kinboshi on November 01, 2007, 03:29:07 PM Registration document shows registered keeper. Bill of sale proves ownership. This is interesting. If it was bought as a present for someone (which it doesn't seem to be in this case of course), does that mean the 'bill of sale' says that the owner is still the person who bought it, and ownership isn't transferred? As they are (were?) married, does that make any difference in terms of ownership? Also - would he have to pay her for the 'enchancements' to the paintwork? ;D Title: Re: I'm sure there's a moral to this story somewhere.... Post by: kinboshi on November 01, 2007, 08:21:36 PM Saw this on another forum, thought it was vaguely relevant!
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