Getting everything sorted...

vaio

and, you might well find that your insurance will be cheaper if you add granddad or parents as additional drivers.

Online quoting systems are your friend here.

Also look at the insurance bit on the main site www.moneysavingexpert.com/insurance/compare-cheap-car-insurance

Lum

bigdavecox90 wrote: »

So although the car is still registered in my Grandfather's name. I can still set up an insurance policy stating I am the owner, as I intend to change the registration into my name? Is this ok?

Yes. They will ask "will you be the owner and registered keeper"

What I would do. Take out the policy today but don't have it start until the 1st October. The reason being you cannot tax your car without that certificate as it takes about a week for your car to go on the online database.

I'd also buy 6 months tax rather than 12* so that your tax and insurance renewals aren't close to each other, makes things simpler next year.

*Bonus complicated moneysaving option. Buy 12, then on March 31st, cash in your tax disc for a refund and buy a new one on April 1st.

vaio

Lum wrote: »

.....Take out the policy today but don't have it start until the 1st March. The reason being you cannot tax your car without that certificate as it takes about a week for your car to go on the online database.

I'd also buy 6 months tax rather than 12* so that your tax and insurance renewals aren't close to each other, makes things simpler next year.

*Bonus complicated moneysaving option. Buy 12, then on March 31st, cash in your tax disc for a refund and buy a new one on April 1st.

March? this is a newly qualified driver with a new car, chances of them waiting till march are just about zero I'd have thought.

Lum

Uhh, I meant October. March was the 6 month end. Edited

bigdavecox90

vaio wrote: »

and, you might well find that your insurance will be cheaper if you add granddad or parents as additional drivers.

Online quoting systems are your friend here.

Also look at the insurance bit on the main site www.moneysavingexpert.com/insurance/compare-cheap-car-insurance

When I agree to get my insurance policy set up, how long will it usually take for the documentation to come through? So that I can then take it to get taxed?

Lum

3-5 days typically.

vaio

And the post office now accept printed insurance certificates for tax which should be more or less instant if you use a company that will email/let you download the certificate.

I’m sure others will chime in with which companies let you do that so you can take it into account when you are looking through the comparison sites

wealdroam

I don't think it will affect you, but please remember that a SORN declaration is not transferable.

So if having got a new V5c, you then decide not to tax the vehicle, you will need a new SORN declaration in your name... even if the existing SORN has not run out.