Proof of ownership?

GinG

GinG

GinG

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Joined
22 Jul 2006
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Hi All,

Quick question regarding the prood of ownership of the vehicle...is there any documentation to prove as such?

The scenario is I have a company car which was paid out right, I have received the log book which shows I am the keeper, but nothing about the company owning.

Is there such a document which my company should receive? They are not UK based hence why they are not 100% sure themselves.

Thanks
 
I always thought the log book was proof of owner. If the car is registered to you then you own it, if the company owned it then it'd be registered to the company on the log book?

I could be wrong when it comes to company cars mind, I've never had a company car.
 
The V5C says at the front "this document is not proof of ownership" - which I never realised it did until I checked!

I guess a sales receipt is a good start? I don't actually know, will be interested to hear what the actual answer is.
 
Artery said:
I always thought the log book was proof of owner. If the car is registered to you then you own it, if the company owned it then it'd be registered to the company on the log book?

I could be wrong when it comes to company cars mind, I've never had a company car.
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Nope.

V5 is not proof of ownership, it even has that printed on it in big letters.
 
Artery said:
I always thought the log book was proof of owner. If the car is registered to you then you own it, if the company owned it then it'd be registered to the company on the log book?

I could be wrong when it comes to company cars mind, I've never had a company car.
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Nope, it very much isn't this. The V5 is absolutely not proof of ownership.

Probably the only proof of ownership document is the purchasing invoice.
 
Doughnut007 said:
The document you need is an invoice and a corresponding receipt.....
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Thanks All,

Just checked and all invoices etc are in my name and not the companies :D:D

I guess the remittance advice from the company proves that they paid for the car anyway.

Question then...what is stopping me selling this car and claiming it is my own?

I would have assumed there would have been some documentation for ownership.
 
GinG said:
Thanks All,

Just checked and all invoices etc are in my name and not the companies :D:D

I guess the remittance advice from the company proves that they paid for the car anyway.

Question then...what is stopping me selling this car and claiming it is my own?

I would have assumed there would have been some documentation for ownership.
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If the sales receipt is in your name, I don't think anything is stopping you. I imagine the company would have to take it to court etc if they wanted it/ the money back.

Interesting question really.
 
Pretty much covered but an ownership dispute would have to end up in court ultimately. Each side presenting as much evidence as possible.

There is no single official document to prove who owns a car.
 
GinG said:
Thanks All,

Just checked and all invoices etc are in my name and not the companies :D:D

I guess the remittance advice from the company proves that they paid for the car anyway.

Question then...what is stopping me selling this car and claiming it is my own?

I would have assumed there would have been some documentation for ownership.
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Does sound rather odd, you would have assumed the company would have purchased the car ergo the sales invoice, and then they pass it over to you.

They must have some record of purchasing the car, i.e. how was it paid for? - a company credit card for example? Or did they BT the money into your account, and you paid for it personally. I'd be surprised if that's the case for tax reasons.
 
It is incredibly unusual that a company car has a sales invoice in the employees name. Frankly it's unusual that a company car would be purchased anyway, but that does happen occasionally, but purchased in the name of the employee? How does that even work - who paid for it?
 
Does sound odd, are you working for some dodgy Russian company thats laundering money. :D

Wonder what impact this has on company car tax, does it apply if the car is in your name? :confused:
 
Work for an Irish company, all business leases are usually only for UK VAT registered companies.

I was given a budget, chose the car, invoice was sent and company paid for it cash. Just checking the invoice however it was made in my name with my home address.

I now wonder if there could be a slight loophole here to not pay the company car tax?!
 
You have possession of the vehicle.

It is up to someone else to prove they own the car. You don't have to prove anything.

How many people keep the receipts of all the things you buy? Whilst for a car it might be more likely someone keeps a receipt, the same logic applies.
 
I suppose, technically, The Government owns your vehicle!

You may be the keeper, you may even have paid for it.

But the Government can take possession of your car without having to go through any legal procedure any time they like.

(I remember a case from some years ago where a family were left, basically, by the side of the road, miles from nowhere in the pouring rain (Including two children!) because the Police had sumerrally confiscated their car on the grounds that it was not registered on the MID. (The Insco had failed to correctly update the government database))
 
[TW]Fox;29920653 said:
So does the guy driving the Number 16 bus.
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He could try and claim ownership.

If the bus company has no evidence they are the real owners or that they lent him the bus, then the bus is his.

Apart from land and real estate, there isn't a registry of ownership for anything (at least for anything that immediately comes to mind, such as cars).
 
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