Here’s Everything You Need to Know About Changing the Registered Keeper of a Car on Finance


Here’s Everything You Need to Know About Changing the Registered Keeper of a Car on Finance

 

Can you change the registered keeper of a car on finance

If you’ve ever been in a situation where you needed to change the registered keeper of a car on finance, you may have been wondering how exactly that process works. It can be a bit confusing, but don’t worry – we’re here to help! In this blog post, we will discuss everything you need to know about changing the registered keeper of a car on finance. We’ll go over the process step-by-step, and we’ll also provide some tips on how to make the process as smooth as possible.

What is a registered keeper?

The registered keeper of a car is the person who is legally responsible for it. This can be different from who owns it, as ownership can be transferred in some circumstances. The registered keeper can also change if someone else takes over the payments on a financing agreement for the car.

So can you change the registered keeper of a car on finance? The answer depends on several factors and can vary from case to case, so it’s important to understand your own situation before making any decisions.

In most cases, you can change the registered keeper if you have taken out a loan or other financing agreement for the car. You will need to contact the lender directly and provide them with details of who will be taking over the payments, such as their name and address.

Why would you want to change the registered keeper of a car?

There can be various reasons why you may want to change the registered keeper of a car. For instance, if you bought a car on finance and need to transfer the loan into someone else’s name, or if you are selling the car and need to add the new owner as the registered keeper.

No matter the reason for wanting to make this change, it can be done – but there are some important things you should know before making this switch.

The first thing to note is that changing who is listed as the registered keeper can impact any existing finance agreement associated with the vehicle, as well as its insurance policy. Before attempting any changes, it’s important that you understand how this can affect your financing situation and insurance.

How do you go about changing the registered keeper of a car?

If you’re the owner of a car on finance, you can request to have a change in the registered keeper through your finance agreement. It can be a complex process, though, and it can take some time for it to go through properly.

The first step is contacting your finance provider directly as they need to confirm that you are allowed to make such a change. You will likely be asked to provide proof of identity and proof of address so that they can verify that you are who you say you are and can legally transfer ownership rights.

Once this is done, the finance provider will then contact their legal team if necessary who can carry out any checks or paperwork required for the transfer. This can include getting a signature from the current registered keeper and can take some time, depending on how quickly they can get a response.

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