Change ownership to avail of scrappage scheme?

icescreamqueen

Just looking for a little advice. Basically I'm looking into buying a new car and have been looking at the new Ford Fiesta. I currently do not own a car but my mother has an 11 year Ford Fiesta which could be scrapped so that I could avail of a 5 grand scrappage deal. So, I'd be getting 5,000 off a brand new car.
However, as I do not own my Mum's car and the ownership is not in my name, is there any way around this or is there a different way to avail of the scheme? If I could change ownership into my name, is it a complicated process and how would I go about it? Thanks for any replies.

Sleepy

Would it not be easier to buy the new car in your Mum's name and transfer it to your name afterwards...

Would mean the car was 3rd hand when you went to sell it though (unless you kept it in her name until then).

Lenny

The car has to be in the owners name for at least 1.5 years

groomek

Why don't you just get your mothers log book and sign it as if you where buying it.send off the log book to the relivant place(Shannon)and in a week or two you will recurve a new log book and the car is in ur name

Very simple process

corktina

yep and a year and half later you could go ahead....:rolleyes:

groomek

Didn't realize it had to be 1.5 years.I remember I once sold a car and forgot to send the log book away.I only realized about 8 months later.I sent it away and just put the date that I sold it on the logbook.
Motor tax office had no problem registering the car with the new owner from the date it was sold

Maybe you should try the same with ur mothers car.Might work

bazz26

Get your mother to buy the new car through the scrappage scheme. She will receive the registeration cert from the DOE in Shannon as the first owner, then you sign the change of ownership section on the back of the registration cert, send it off again to the DOE in Shannon and they will issue a new registration cert in your name meaning you are the new owner of the car. The Government are not concerned if ownership transfers to someone else once the first registered owner qualifies for the scrappage scheme.

The only downside is that the new car will have two previous owners when you go to sell it on again but it's no big deal imo.

cruizer101

Best option is probably to get her to buy it then get her to transfer to your name. It does add an extra owner to car however if you keep the original reciept and that, you should be able to explain it to make it not as bad

corktina

just leave in her name...i didnt think it had to be the actual owners name, just the Keeper....

Cookie_Monster

corktina wrote: »

just leave in her name...i didnt think it had to be the actual owners name, just the Keeper....

that causes insurance issues though doesn't it. OP can't have his policy on the car as he's not the reged owner?

icescreamqueen

Thanks for all your replies. Looks like I should ask my Mum to buy the car in her name and then change ownership once the car is bought. Although will it cost extra to change ownership? Also will my Mum have to be there in person to buy the car because I am planning to buy the car in Dublin and she lives in Donegal..

Lenny

There should be no fee to channge the name,

thebiglad

icescreamqueen wrote: »

Thanks for all your replies. Looks like I should ask my Mum to buy the car in her name and then change ownership once the car is bought. Although will it cost extra to change ownership? Also will my Mum have to be there in person to buy the car because I am planning to buy the car in Dublin and she lives in Donegal..

Go to dublin dealers to get the model and specific colour etc (with best price) then phone dealers in Donegal do the deal and send your mother in to complete the paperwork.

When car is ready just head up, finish all the paperwork and drive it back to Dublin - any Ford dealer can service it etc for you.

slimjimmc

icescreamqueen wrote: »

Thanks for all your replies. Looks like I should ask my Mum to buy the car in her name and then change ownership once the car is bought. Although will it cost extra to change ownership? Also will my Mum have to be there in person to buy the car because I am planning to buy the car in Dublin and she lives in Donegal..

Changing ownership will cost you the price of a stamp and envelope, maybe a biro too.

Esel

Consider what county reg you would prefer, too.

russelp

Am in a similar situation myself - does anyone know how long you have to wait under the scrappage scheme to change the name of the owner??

slimjimmc

russelp wrote: »

Am in a similar situation myself - does anyone know how long you have to wait under the scrappage scheme to change the name of the owner??

No defined waiting period, you can change almost straight away so long as your name is second in the order of owners.
In practice your friend will probably need the VLC before changing ownership .

take everything

Hi.
My sister and mother have an identical situation to the OP.
But because my sister (who will buy the car and then change ownership to my mother) lives in Limerick at the moment, the reg will be Lk instead of my mother's home county (her preferred reg).
Can my sister just change her address to her original home address (ie my mother's address) for the purpose of buying the car and registering it.

biko

Your mum either lives in Clare or Dublin, am I right?

About the address change, it seems it'd work - in theory.
Perhaps someone here has done it bit tbh, why not just drive on LK plates?

Top Dog

Cookie_Monster wrote: »

that causes insurance issues though doesn't it. OP can't have his policy on the car as he's not the reged owner?

No insurance issues. If the policy holder has what's termed an "insurable interest" in the car, then there is no reason why they can't insure it. My wife's car is registered in her name but insured in mine with no problems. Come to think of it, I wasn't even asked who the car was registered to when I insured it.

And before anyone points out that its because we're married - it was the same way for a number of years before we got married

Esel

take everything wrote: »

Hi.
My sister and mother have an identical situation to the OP.
But because my sister (who will buy the car and then change ownership to my mother) lives in Limerick at the moment, the reg will be Lk instead of my mother's home county (her preferred reg).
Can my sister just change her address to her original home address (ie my mother's address) for the purpose of buying the car and registering it.

I'm pretty sure a lot of buyers do this when buying a new car, regardless of scrappage.

mickdw

Top Dog wrote: »

No insurance issues. If the policy holder has what's termed an "insurable interest" in the car, then there is no reason why they can't insure it. My wife's car is registered in her name but insured in mine with no problems. Come to think of it, I wasn't even asked who the car was registered to when I insured it.

And before anyone points out that its because we're married - it was the same way for a number of years before we got married

The insurers are pretty tight on the insured being the owner as anything else calls into question the insurable interest. Husband & wife is fine obviously as the whole insurable interest is all tied together in that case.
You say you were not asked who owner was - that is pretty odd I have to say. Typically you would be either asked directly or you would agree to general terms which would require that you or wife were the owner.

IN relation to the scrappage scheme, just buy in current owners name then do whatever is required after although I figure the savings are not as great as the head line figures would have you believe. ON a straight sale, there must be alot of room for discount.

Top Dog

mickdw wrote: »

The insurers are pretty tight on the insured being the owner as anything else calls into question the insurable interest. Husband & wife is fine obviously as the whole insurable interest is all tied together in that case.

They must have tightened this up in recent years so, as for about 4 years before we were married the car that was registered in my name was insured in hers, and vice versa.

Merch

icescreamqueen wrote: »

Thanks for all your replies. Looks like I should ask my Mum to buy the car in her name and then change ownership once the car is bought. Although will it cost extra to change ownership? Also will my Mum have to be there in person to buy the car because I am planning to buy the car in Dublin and she lives in Donegal..

As someone already said, it needs to be in the name of the person that purchased it for 1.5 years, otherwise you could be asked to pay back the money you "saved", I guess they would assume when your mother "sold" the car, that she was breaking the terms of the agreement to get tax off for the purpose of then making a profit, especially if it then went to her child.

http://www.revenue.ie/en/tax/vrt/faqs-scrappage-scheme.html

To be eligible for the scheme, the scrapped car must have been registered in your name for at least 18 months before the date of registration of the new car.

Top Dog

Merch wrote: »

As someone already said, it needs to be in the name of the person that purchased it for 1.5 years, otherwise you could be asked to pay back the money you "saved", I guess they would assume when your mother "sold" the car, that she was breaking the terms of the agreement to get tax off for the purpose of then making a profit, especially if it then went to her child.

http://www.revenue.ie/en/tax/vrt/faqs-scrappage-scheme.html

To be eligible for the scheme, the scrapped car must have been registered in your name for at least 18 months before the date of registration of the new car.

The only car that has to be registered to someone for 1.5 years is the one being scrapped - NOT the new one replacing it.

Merch

Top Dog wrote: »

The only car that has to be registered to someone for 1.5 years is the one being scrapped - NOT the new one replacing it.

Oops looks like I gave dud info, I'm sure I have come across it somewhere, if i were the OP I'd just call the revenue commisioners (if they are concerned about giving details, just make a general enquiry) as they have the info on it, otherwise the 1st owner might get a bill when its sold.

Otherwise why would they (revenue) care who purchased it? why put conditions on it otherwise?

Top Dog

Merch wrote: »

Otherwise why would they (revenue) care who purchased it? why put conditions on it otherwise?

The whole idea is to get older cars off the road.

What they're trying to do with the terms, is make sure that someone doesn't go out and buy a scrapper for €200 just to avail of a €2k scrappage allowance. If someone owned a car for 1.5 years then odds are they've spent some money on it (whether purchase price, fuel, tax, maintenance, whatever) which means the Government has seen something out of the deal through the tax take

Or at least - thats my understanding of the 18 month clause.

Merch

I was under the impression it had to remain in the name of the purchaser for a specific time after the purchase

Top Dog

Merch wrote: »

I was under the impression it had to remain in the name of the purchaser for a specific time after the purchase

Honestly don't know - so not going to tell you you're wrong

Merch

Top Dog wrote: »

Honestly don't know - so not going to tell you you're wrong

I could be, I'm not 100% now as i cant find info on it, all the OP needs to do to be certain is make a general and anonymous call to revenue and ask, if its the case just leave it in the parents name until the time is up, if not transfer soon as they need.

Esel

Merch wrote: »

I was under the impression it had to remain in the name of the purchaser for a specific time after the purchase

No. The requirement is that the scrap car has been owned and used by the person who is purchasing the new car for the stated time.

slimjimmc

Merch wrote: »

I was under the impression it had to remain in the name of the purchaser for a specific time after the purchase

You might be mixing it up with a foreign resident importing their own car VRT-exempt. In that case you can't sell the car in the first 12 months.
There's no such time restriction on selling a car which was purchased under the government scrappage scheme.

Merch

Maybe thats it then
If thats the case then the OP can get the mother to buy away I guess