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Transferring v5 on pcp car

Home Forums Car finance Transferring v5 on pcp car

This topic contains 1 reply, has 2 voices, and was last updated by Stuart Masson Stuart Masson 8 months, 2 weeks ago.

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  • #147018 Reply
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    Sara

    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 Reply
    Stuart Masson
    Stuart Masson
    Keymaster

    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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