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Transferring v5 on pcp car

TCE home 2021 Forums Car finance Transferring v5 on pcp car

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    • #147018
      Sara
      Guest

      Hello,
      Can someone please advise me on wether this is possible.
      My mother in law and I would like to swap cars but both are on pcp. I realise we can’t transfer pcp, but we would pay each other for the cars each month.
      Is it possible to swap V5 documents and put each in each respective name? We would obviously take out insurance police as the main drivers on our new cars.

      Are there any rules against this?
      Thanks!

    • #147593
      Stuart Masson
      Moderator

      Hi Sara. Yes, most finance companies have rules against this. For more information, have a read of our article about accommodation deals.

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