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The mkiv Supra Owners Club

V5 documentation.


tony tt

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I've just noticed on my V5 it says in bold across the front "This document is not proof of ownership. It only shows who is responsible for registering and taxing the vehicle" so if the V5 doesn't prove this as a registered keeper. What does? If it's a privately owned car. If for example the car gets nicked how do you then prove the car is actually yours??

 

Should have put this in off topic sorry.

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It's a grey area mate I know a guy that sold a car and months later claimed he hadn't been fully paid. The v5 was in the new owners name the police sided with the guy who had not paid.. but I don't know the outcome.

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The Road Traffic Act makes a clear distinction between Registered Keeper and Owner. The Registered Keeper as you rightly point out is generally the person held on the DVLA register as being responsible for the vehicle. However, the owner is the person who paid/ has rightful entitlement to the vehicle.

 

Generally this is not an issue, but can cause some serious grief in cases of vehicles seizures or theft of motor vehicle crimes.

 

A simple example of this is anyone with finance on their car, unless they have paid over a third of the value of the vehicle you are not the owner. The finance company is.

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I would assume you might have proof of payment? Also you might have paperwork showing your ownership of the vehicle over a period of time, if you had simply lost the bill of sale.

 

If I'm honest a V5C and being the Registered Keeper, unless contested is genrally enough.

 

It's a different story if you've failed to register it or its been shown in trade for an extended period of time. Then you would likely start to have some issues.

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I would assume you might have proof of payment? Also you might have paperwork showing your ownership of the vehicle over a period of time, if you had simoly lost the bill of sale.

 

If I'm honest a V5C and being the Registered Keeper, unless contested is genrally enough.

 

It's a different story if you've failed to register it or its been shown in trade for an extended period of time. Then you would likely start to have some issues.

 

I see. Understood thanks. :)

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