I have always been surprised the Police accept it. Without the V5 registered to the actual keeper they have no way to quickly trace the driver of a vehicle. So in say a hit and run where someone gets the plate they police would have to go through the finance company to find out who was likely to be driving which could take days giving plenty of time for things like sobering up.
but that's what happens when they catch you speeding with company car)
Sorry, but this is wrong.
Yes, but you didn't receive it directly which proves the Registered Keeper isn't always the person using the vehicle.
and where it is heading ... it aint Thatcham approved.no. that it not correct.
Some years ago the HLDI in the U.S. concluded Teslas have a much higher accident frequency, higher accident severity and higher repair costs overall. While it's difficult to draw too many conclusions from this - until recently, Tesla ownership hasn't been representative of the wider market - these cars remain motorbike fast, expensive to buy, expensive to fix, and many of us needing the odd fix have had extended waits for parts (which translates directly to extended time in hire cars, all paid for by your and my insurer). There's also a scarcity of cheaper aftermarket spares meaning total reliance on costly OEM items, and even lightly damaged vehicles are getting written off as beyond economic repair.
Just like on a pcp or hp then and yet the keepers get the V5. The V5 as it clearly states on there, the Registered Keeper is not the legal owner.
I'm insured with LV and they said it didn't need to be thatcham approved. Just that it could be tracked at all times. Wether it's trackable at all times is debatable but anyway.....From insurance company viewpoint a "Tracker" is a Thatcham approved device ... and although you can find your car on your phone APP and see its wheels spin
My insurer requires Tracker if the car value is over £X. My car is a bit more than that, I asked them if I could set the value as £X to avoid having to have a tracker fitted / subscription / stuff (and if tracker is not operational, on the day its knicked, I'd probably be uninsured) and they said "Yes". They make no allowance for what the car's capabilities are, nor the likelihood of Plod being able to track it, its just "Price is over £X it must have a Tracker"
I don't disagree with the principal but if the insurance company asks if you are the "registered keeper" and if your name is not on the V5 then you cannot answer "yes". You may be the keeper but you are not the "registered keeper".
I know. The 10 year NCB was a giveaway as for the 2000 not working out but I had to base it on something being that often age is the main culprit for insurance and this was omitted from the "declaration".Haha. Based on my digging, this person was in school in the 80's - 90's so the "2000" has nothing to do with year of birth... You know, that made me sound a lot creepier than intended.
I’d say thats unambiguous in its wording, but doesn’t add any clarity to the issue under discussion here. The question in your screenshot is ‘Are you the owner and registered keeper?’ so the answer to that question for the vast majority of people (anyone whose method of purchase was not cash or personal loan) is No. Mine is on PCP and I have the V5C with my name on it - yet by rights I should be answering No to that question, in the Tesla Finance docs it even mentions that you should notify the insurance company of their interest in the vehicle - it doesn’t state that you need to declare them the owners or keepers.
Expensive insurance isn’t a given for a Tesla though… and they all have the same battery risk. My SR+ was £230 in 2019 and last year had risen to £249.69 in 2022 with Churchill. I do choose to add additional voluntary excess so I have £1000 on that. My main advantage is living in a low crime and accident area, max no claims and retired (so no business use).
