Hi all,
I've been enquiring about buying a car from UKCarBrokers. I've heard good things about their customer service etc - most people that have had dealings with them report positives. However, when i called to place my order, the guy, Kevin, said that they would be keeping the logbook for the car for 6 months and then I'd receive it after this period. Is this normal? I have concerns about getting the vehicle insured because of this, or if i get pulled over by the police? What are the implications?
Does anyone have any experiences of this? This is the only thing worrying me about the deal.
Regards
Dave
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The only time there will be a delay in you receiving the log book is when the car is pre-registered to something like a fleet comapny. There is usually a clause in the fleet agreement that says they must keep the cars for a minimum period - usually 3 to 6 months. After this period they will then register you as the 2nd owner and send you the logbook.
Not sure about the insurance aspect or if you get a producer from the police but i'm sure one of our legal eagles will be along shortly.
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Yeah, the car will be pre-registered to a fleet company I believe, and they need the keep the logbook for 6 months.
Like i said before, i'm concerned about the legal aspects of this before i go ahead and send the deposit, so any of the legal specialists point of view would be much appreciated.
Thanks,
dave
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Tricky. I used to audit Ford dealerships and short-term hire fleets for Ford to ensure that cars weren't being disposed of whilst the fleet/dealer was claiming bonuses for them. There is an outside chance that the car will be subject to a fleet financing agreement, so a confirmation of clear title indemnifying you against any lien over the goods would be nice.
In the event of an insurance claim you may well be required to confirm ownership. Certainly in the event of a write-off you'd be required to present the V5c.
I'm sure the broker is familiar with these sorts of concerns. Why not run the question past them again with specific regard to these points.
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Who?s this Big Dave bloke? What a silly pseudonim.
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If anyone can get insurance for a car that is not registered in their name, I'd sure like to know about it. I tried loads of firms and they wouldnt touch it with a bargepole.
I ended up paying £1000 more for my car than some of the others advertise, in order to make sure I got the logbook straight away and in my name.
Must be loads of people bought these cars and lied to the insurance company about whos name the car is registered in. Hope they dont need to claim!
What these people should really do is sell truly preregistered cars imo, but then I doubt they would be able to sell them at the same price and or make profit.
Still if you can get insurance, the prices these people offer are fantasic.
K
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There is usually a clause in thefleet agreement that says they must keep the cars for a minimum period - usually 3 to 6 months.
If this is the case, then doesnt it sound like some sort of fraud is going on then?
WTM
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Its not really a fraud as such, its just a stipulation put in place to stop retail dealerships throwing their toys out the pram because every man and his dog are buying cars at fleet prices and they're left with either no customers or much reduced margins - and the fancy glass showroom has to be paid for somehow.
The tractor dealerships I worked for used to do much the same thing - if we were selling out of our area we registered new machines to a big fleet and got a significant discount which we used to take out the local dealer on price.
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Its not really a fraud as such, its just a stipulation put in place to stop retail dealerships throwing their toys out the pram because every man and his dog are buying cars at fleet prices and they're left with either no customers or much reduced margins - and the fancy glass showroom has to be paid for somehow. The tractor dealerships I worked for used to do much the same thing - if we were selling out of our area we registered new machines to a big fleet and got a significant discount which we used to take out the local dealer on price.
As a consumer, I don't have a problem with this if it gets me a better price, but if the above is not fraud, then I don't know what is! You were lying to your supplier to get a discount!! Not to mention breaching your franchise agreement in at least 2 ways. Didn't they audit these things?
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The manufacturers know whats goes on and turn a blind eye to it. The UK importers would much rather have every unit in the UK come through them rather than being imported through the back door.
In the case of tractors and machinery importing them is far easier than with cars because most have centre seats.
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