01-02-2007, 01:03
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#1
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cf.mega poster
Join Date: Jul 2003
Location: Lincolnshire
Age: 23
Posts: 1,708
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Selling Car
I have sold my car to my mate and at the end of the month when I get my new one I will need to transfer ownership over to her but what do I need to do?
Also with the car I am getting, I am buying it from someone at work, so what paper work will I need to fill in?
It's the first time I have done anything like this and I dont want to mess it up so I dont have a car for x number of days as I need it for work.
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01-02-2007, 01:07
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#2
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Cable Forum Team
Join Date: Feb 2004
Location: Glasgow
Age: 31
Services: Virgin XL TV, V+ Box, 3x TiVo, 100MB VM BB
Posts: 7,801
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Re: Selling Car
I haven't a clue, maybe go to the DVLA site and see what they say.
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01-02-2007, 01:14
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#3
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cf.mega poster
Join Date: Mar 2005
Location: bolton
Age: 42
Services: non
wife took control
Posts: 5,420
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Re: Selling Car
Quite simply fill out and post the proper section of the v5(log book)
if the car you are buying doesnt have one dont bother, i bought one last year and couldnt tax it for 6 weeks waiting for a new one that cost me £19.50, and that was only issued because the previous owner sent a letter to them explaining.
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01-02-2007, 01:29
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#4
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cf.mega poster
Join Date: Jul 2003
Location: Lincolnshire
Age: 23
Posts: 1,708
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Re: Selling Car
Does it take long to process it all?
Basically I dont want to be left without a car.
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01-02-2007, 01:41
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#5
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cf.mega poster
Join Date: Mar 2005
Location: bolton
Age: 42
Services: non
wife took control
Posts: 5,420
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Re: Selling Car
If they have the v5, theres a part that you keep, you can tax it using that at the post office, if its allready taxed then no worries, post there bit off and phone the insurance.
So its
Insurance
V5(log book)
And tax, you will need the V5, insurance and m.o.t to tax it
Loads of info here http://www.direct.gov.uk/en/Motoring...icle/index.htm
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02-02-2007, 20:40
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#6
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Guest
Location: Sutton in Ashfield.
Services: Virgin, phone and 50meg Broadband.
Posts: n/a
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Re: Selling Car
I tells you on the Log Book which sections to fill in, you only have to fill one section in then the old owner of the vehicle sends it away to the DVLA with your address on it as the new owner, in 4 weeks you'll have the Log Book in your name.
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02-02-2007, 21:47
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#7
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Cable Forum Team
Join Date: Jun 2003
Age: 48
Services: Moving Goal Posts a speciality
Posts: 15,384
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Re: Selling Car
The DVLA V5 form is only for the registered keeper. It does not infer legal proof of ownership.
Get a HPI check on any car you are buying (links to those who can do this on good car sales sites - autotrader, parkers, etc). That will show if the car is free of Hire Purchase Agreements, insurance write offs, and even reported stolen. Reconcile the number plate against the VIN (the stamped serial number on the chassis).
When selling make sure you complete and send to DVLA your part of the V5 form, detailing the person who is buying from you. If you don't you end up having a lot of awkward questions when the parking tickets, speeding fines and the like are sent back to you, the original keeper, because the buyer didn't keep their part of the bargain.
When buying again make sure you get the proper parts of the v5 form. That needs completion and updating to DVLA. Without that, it's time consuming and probably expensive to get the correct new notification forms to update DVLA, and without a V5 you'll have difficulty re-selling. You should reconcile the v5 information, and the MOT certificate against the car you are getting. Do they make sense (especially mileage, to avoid clocking). MOT only says the car was roadworthy on the date of testing. If it's been some miles or date since the last test, what has worn that might cause you expense come the next service / MOT? Is the seller giving you the benefit of the remaining tax, and how long does that last. Other big expenses, often missed are tyre wear and the like. If in doubt, get someone who really knows to look at the car, or maybe pay for an independent AA type check.
Finally car insurance is up to you, but get some quotes before committing to purchase. There can be nasty surprises, especially if the overall rating changes.
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