That isn't either as it could have changed hands since it was printed.
Simple way is that there isn't. It's like if you were buying a TV off someone you can't really prove its theirs to sell as there's no real way of finding out.
by cash I'm presuming you mean bank transfer or credit card?
in which case if a proof of ownership case went to court it would be so easy for them to prove they paid, you would some how need to prove you gave the dealership the money, then that would open a can of worms in itself, like where did you get the cash to pay for it? did you pay tax on that money? etc etc
buying a car in good old hard cash isn't that easy anymore due to money laundering laws, dealerships will almost always accept no more than £9k in cash and almost always report larger sums as part of the same regulations.
or did they fly a guy over from Ireland with a big sack of money?
Yep. He's intentionally tried to pick one sentence out of my post to start a silly argument.
I am in posession of my mobile phone. I am the owner unless anyone can prove otherwise.
The same goes for a car.
A finance company can't just turn up and take a car that has been in someone's posession for a while. Even a rental company can't. They need to go to the police who will deal with theft.
Absolutely right. My sister got done over by an ex-boyfriend. She bought the car off him but never got a receipt.
He refused to sign over the documents saying it was easier in his name for insurance purposes (some business policy).
After they split he arrived with the V5 and the police and took the car. It seems fairly difficult to prove ownership of a car if it is owned outright.
I imagine a receipt helps but surely they are very easy to fraud.
I paid for my grandads car, the log book is in his name and registered at his address, although I paid for it and continue to pay the road license he is the registered keeper and his responsibility to make sure the vehicle is kept insured and in a roadworthy condition.
The V5 clearly states that the document is not proof of ownership, even if the bill of sale was in his name I could easily prove I paid with my debit card and therefore am the legal owner of the car.
Not that I would ever try and am take the car back, as far as I'm concerned it's his until either he or the car fails to start one morning
This thread highlights the fact that our V5 is a silly document that confuses people. Other countries have legal documents showing who has the title to a vehicle.
I think we need an improved two part V5, one part like the current v5 and another to show who legally owns the vehicle.
This would also stop the odd practice where the registered keeper of some lease cars is a firm who has never set eyes on the vehicle.
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