Posted: Wed Aug 20, 2008 12:36 am
Yeah, sounds very dodgy does that. If the 'owner' has had it in his possesion for that long and can't contact the registered owner, he should apply for the v5 before he can sell it, also he needs to be able to prove he has tried to contact the owner.
If as it seems he is in dispute with the 'proper owner' that shoudl be sorted out, through the courts if req before it can be sold...
Worst case senario, a buyer could pay for the truck, then the registered owner could report it stolen and claim it back. the buyer loses the money, and has to try and claim it back from the 'seller'. Well worth not getting involved with.
If it was genuine why didnt the 'seller' just apply for the V5. If the registered keeper dosent respond to the DVLAs letter within, I think 2 weeks or so, a new V5 will be issued to the seller and the sale is much more safe and secure.
If as it seems he is in dispute with the 'proper owner' that shoudl be sorted out, through the courts if req before it can be sold...
Worst case senario, a buyer could pay for the truck, then the registered owner could report it stolen and claim it back. the buyer loses the money, and has to try and claim it back from the 'seller'. Well worth not getting involved with.
If it was genuine why didnt the 'seller' just apply for the V5. If the registered keeper dosent respond to the DVLAs letter within, I think 2 weeks or so, a new V5 will be issued to the seller and the sale is much more safe and secure.