So, for medical reasons I can’t drive at the moment and my car’s been festering on the drive long enough it’s growing mould.
Meanwhile a friend of mine is in desperate need of a car but can’t afford to buy or run one.
Now, I’m hoping I will be able to drive again once things improve, in which case I’ll want it back, but in the meantime there’s no point it sitting around not being used, not least because it’s bad for the car.
Financially, we don’t mind taxing and servicing it because we’d be doing that anyway and we can probably cover adding her to our insurance as a gift, so she’d just need to fuel it.
What haven’t I thought of? Do I need to tell the DVLA? Do some sort of temporary ownership transfer?
6 comments
Nah no reason to tell the DVLA, they’re only interested in who the registered owner is.
Your friend will just need to get insurance sorted for it, which can either be under their own policy or if you already have a policy on the vehicle, it’d probably be cheaper and make more sense to just jump on your policy as a named driver. That way they’re not having to settle with getting a full 12 months insurance. Policies under 12 months are just extortionate.
Only thing that might be affected is your declared mileage to your insurance company. Not a big deal, just monitor it over 6 month and if it looks like you’re going to go over just change the policy and pay the extra.
If they don’t already have their own car, the easiest option is for you to add them to your insurance and they can drive it without a problem. You don’t need to tell DVLA as you’re not changing the owner.
They need to get insured on it, that’s about it. (For the correct address where it will be kept etc)
The DVLA don’t care who owns it, the V5 literally says on it that it isn’t proof of ownership, it’s just to let them know who is the keeper i.e who gets the tickets and letters.
They can drive it if they’re insured, licensed, and have your (owner’s) permission – that applies to any vehicle.
Note that if you add them to your insurance, and they prang it, then it’s your no claims discount that takes the hit. Hopefully your friend is a careful and lucky driver.
The DVLA doesn’t record ownership. It records the keeper, who is the person responsible for taxing it (and transitively for MOTing it if needed, and insuring it, because without those two things you can’t tax the car). There is little point in changing who the keeper is, and in particular if you do that then the friend has to change it back to you, and you have to consider what happens if you and your friend fall out or they become uncontactable. Remain the keeper.
depends where its going to be kept. you could add the friend as tge main driver, but if its going to be kept at their address then you need to change that on the insurance. as someone else said, if the crash it, it will affect your insurance.
You said he can’t afford to run one. So how can he afford to drive yours? You would have to put him on your insurance as a named driver…increasing your insurance, or he would have to insure the car himself. It’s also going to increase wear on your car with someone else driving it. If he can’t afford a car he’s not going to be able to afford to pay for any damage is he has an accident…your insurance will go up if you have to claim through it. Lending your car to someone really is a bad idea for so many reasons