Changing Car Owner when on Finance (UK)?

I have owned my current car for a while now and it is on finance. After a while now it has been decided that the distances i travel is not good for the car and my mum doesnt travel far and has a better car..



Mine is a 1.0 and hers is a 1.6 (so would be better fuel wise for my distances) and would like to swap around cars. Is it possible to transfer my car into her name (DVLA) whilst i still pay the monthly payment for it while she transfers her car into my name..



Would this be allowed? or would it be easier to keep the cars in our own names but just swap keys...



People from the UK Only please....Changing Car Owner when on Finance (UK)?No. You cant trade the collateral for a loan to someone else until or concurrently with paying the lien off.



And proudly NOT from the UK.

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