car insurance

[sdyson31]

Hi,

I will have my first car this saturday. My dad is moving abroad and he wants me keep his car.

I am planning to drive this car around on saturday and looking at different insurance quotes. We will post the car ownership form on saturday and i believe it takes 3 weeks to process.

My question is, after posting the form, would i be the owner of this car? I want my insurance to start this saturday but if i say i am not the owner then i get higer quote.

My dad's insurance will expire on Tuesday 16th.

Thanks

Edited by sdyson31 on Wednesday 10th June 21:58

[TwigtheWonderkid]

As soon as it's gifted to or bought by you, you are the owner.

[talksthetorque]

1. The form V5 shows the Registered Keeper, not the owner.
2. If you are gifted the car, or buy it, then you will be the owner.
3. AND MOST IMPORTANT What's the car, anything interesting?

[sdyson31]

TwigtheWonderkid said:

As soon as it's gifted to or bought by you, you are the owner.

how can i prove that i am the owner.

[sdyson31]

talksthetorque said:

1. The form V5 shows the Registered Keeper, not the owner.
2. If you are gifted the car, or buy it, then you will be the owner.
3. AND MOST IMPORTANT What's the car, anything interesting?

Its just a starter car, corsa active 1.0 litter. I am going to practise on this as i have not driven a car since i passed my test 7 years ago.

[Fox-]

sdyson31 said:

how can i prove that i am the owner.

You don't need to.

[talksthetorque]

It really has been a while hasn't it.
Get in it rather than on it, you'll find it a lot easier.
As for the ownership thingy, just get your dad to write that he has given you the car.
Or forge his signature and write it yourself*





*Not a lawyer, but a mate said this was fine**



**he's not a lawyer either and makes things up quite a lot

[sdyson31]

I don't know i am scared of driving a car...don't know may be scared of accidents...

I will drive around with my dad for two days and then i am planning to get may be 4-6 refresher driving lessons.

[talksthetorque]

Good plan OP.

[Quhet]

Without sounding rude....If you don't know all that much about cars, haven't driven for 7 years and may be scared of driving. What have you been doing on Pistonheads for the past 19 months?

[dazwalsh]

Driving becomes second nature after a while, and dont worry about accidents, a corsa 1l will never get up to enough speed to cause any damage. You will be overtaken by seasons.

[Blue Oval84]

I gifted my old Mondeo to my mum recently, because the car was still with me and she was at the other end of the country I just sent an e-mail to her confirming that as of now I was gifting it to her and she was the owner.

She then sorted insurance out with her as the owner, and we sent the V5 off to change registered keeper.

The V5 has nothing to do with ownership.

[Poopipe]

dazwalsh said:

Driving becomes second nature after a while, and dont worry about accidents, a corsa 1l will never get up to enough speed to cause any damage. You will be overtaken by seasons.

Patently untrue. My sacrificial corsa is very sprightly at speeds up to and including 50mph and i love it very much. .
also, what everyone else says about ownership - no proof necessary.

[Bailey93]

My 1 litre corsa B (god rest her soul )was good for at least 90 back in my uni days. And im convinced the hand brake was connected directly to my female house mates sexual desire.

I miss that car alot, put her through a lot and never gave up once in three years.


You'll love your corsa OP first cars are always the best

[rampantdidact]

My first car was a 1.0 Corsa C. Im so glad that was my first car as it made me appreciate better cars a lot more haha.

Also it was the only car that was cheap to insure, a 1.2 would go up by another £200-£400

[sdyson31]

I think corsa 1.0 12v 53 reg with 52k mileage is not bad. Personally i prefer automatic cars but this is a manual one, lets see how it goes.

[sdyson31]

Should i pay monthly or annualy?

What should be covered from the following;

Breakdown cover
Legal cover
Driving abroad
Driving other car
Courtesy car
Windscreen cover

if i pay annualy and later i decide i don't want to drive then can i get the money back.

[Shaw Tarse]

sdyson31 said:

Should i pay monthly or annualy?

What should be covered from the following;

Breakdown cover
Legal cover
Driving abroad
Driving other car
Courtesy car
Windscreen cover

All depend on your circumstances.

[xRIEx]

sdyson31 said:

Should i pay monthly or annualy?

What should be covered from the following;

Driving abroad

Monthly tends to be more expensive, if you can spare the amount pay annually. If it's the same price, pay monthly.

Are you going to drive abroad? There's your answer.

[littleredrooster]

sdyson31 said:

Should i pay monthly or annualy?


if i pay annualy and later i decide i don't want to drive then can i get the money back.

With very few exceptions, car insurance is an ANNUAL contract. The payments may be spread over 12 months as a credit arrangement, but you do not buy 12 monthly contracts that you can just opt-out of.

Therefore it matters not whether you pay monthly or annually, other than the extra cost of credit.

Most reputable companies will give a refund for an unused portion of cover, but this is never pro-rata, so don't expect half the premium back after six months of cover for example. Check before you buy, as conditions vary enormously.