A Guide to Car Ownership Transfer While Buying and Selling

Knowing the car owner’s duties when selling or buying it is a must. There are chances that the buyers failed to address the original owner and had someone’s vehicle. Most of the online searches on who owns the car before when it comes to the used car purchase. Did you get the answer?

In the blog, we try to cover the topics of car ownership and the procedure of transferring car ownership. It helps the motorist to know and enquiry the seller if you find any suspicious background.

Is the seller/dealer informed about the previous car owner?

There are chances where the dealer might advertise the car has a limited number of previous owners or one so. However, you know that you’d be the third owner if you choose to buy the car.

However, it makes a huge difference since you never know how many owners the car has had. It’s better to know the details when you go through certain situations, the dealer may be genuine, but the vehicle is at fault. It’s okay to spend a few pounds to know the car’s previous owners.

Can I get previous car owner details from the vehicle check?

In the UK, No car history data check provider offers the vehicle owner information, not even an HPI check. However, the Car Analytics report helps you to reveal the previous owner details and other basic information.

The car history reports uncover the following details:

  • The date when the previous owner registered the vehicle
  • The number of previous keepers as per the logbook
  • The vehicle first registration and vehicle age
  • Full vehicle description, including its make, model, colour, engine size, transmission, etc.

Here’s a guide to know why and how to keep track of car owner details online.

Why you should know who owns the car?

Buyers have to think of another side of the coin, mostly dealers; the car may look simple and good. If it comes to selling the car you need to know its value, and if your car has many owners or any other potential risks, then it is tough to sell.

It’s better to keep the previous owners not more than the four. If it exceeds, it would be tough to sell. However, the car valuation depends on various factors like mileage, age, condition, and service history.

Keeping the number of car owners up to four is that nobody wants to buy the car that runs for long or keep swapping of ownership. So, better think twice as it is a huge investment.

Also read: Know if you’re owner vs. registered keeper

Did you check the car ownership before buying?

Car ownership can be anyone who owns the vehicle right now; it can be a seller, dealer, scrapyard, or a new buyer. When you fail to inform the DVLA about ownership of a car, it results in potential fines. And you’re responsible for dealing with offenses even if the new owner commits.

How to transfer car ownership?

You can apply for transferring the car ownership online get it from the DVLA website. For that, you need to provide the 11 digit reference number from the vehicle registration document. You will receive the confirmation mail to the mentioned name; it can be the new owner or you after submitting the form online. You or the new owner will receive the new logbook, but it might take five working days.

Transfer of car ownership to dealer or scrap yard:

Whether you decided to sell the car for scrap or to the dealer, you need to fill the sections & send it to the DVLA.

You can find the registered keeper’s details from the V5C when you transfer to a new owner, except when the vehicle is sold to a dealer or trader. In scrapping, the remaining parts of the logbook are sent to the trader or transferred to the scrapyard.

Recommended reading: How to check if the logbook is genuine?