Donate SIGN UP

finance

Avatar Image
etja26mw | 08:51 Thu 15th Mar 2012 | Motoring
5 Answers
my car is on finance my ex has the car and has got a log book in his name can he sell the car
Gravatar

Answers

1 to 5 of 5rss feed

Best Answer

No best answer has yet been selected by etja26mw. Once a best answer has been selected, it will be shown here.

For more on marking an answer as the "Best Answer", please visit our FAQ.
He's got the car, he is the registered keeper and yet you are maintaining that you are the legal owner?
Who is paying the finance?
If the finance is in your name, the original purchase in your name and you are poaying it via your bank account, then your ex is only the registered keeper as per log book and has no legal right to sell the car. In practice however that does not mean that he can't.
As NOX says, he can try and sell it but I'd imagine any potential purchaser would run a mile when they do an HPI check.
If you have the docs that prove you own the car you can fill in a V62 and Get a V5 in your own name then the one he has will be invalid you can then reclaim the car yourself, if he won't give it back tell the police it was taken without consent and they'll do him for Twocing.
Doesn't matter who has possession of the car or whose name the V5 is in, if it is on finance the bank own it and it can't be sold without the bank's permission.

1 to 5 of 5rss feed

Do you know the answer?

finance

Answer Question >>