We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Insuring a car whilst selling it...

I've just bought a new car and have moved my insurance (with its NCB) over to it, so I now either need to declare the old car SORN or insure it with 0 NCB.

Downsides to SORN is no one can test drive it, and will probably affect the salebility of it not having any kind of tax on it.

And the other option to Insure it will end up costing a pile due to not having NCB (being a much higher insurance group).


I know other drivers could drive with DOC cover, but it still needs to have valid VED and Insurance to do so.



Any better suggestions or ideas?

Comments

  • ged1980
    ged1980 Posts: 1,342 Forumite
    pay as you go insurance?

    something like this https://www.insure4aday.co.uk/
    If you dont like me remember its mind over matter, I dont mind and you dont matter ;)
  • drsquirrel
    drsquirrel Posts: 283 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    How does that work with a car declared SORN?

    That might be suitable for me to drive it - but if you sell a car syaing "you will have to insure it for a day", I reckon a lot will be put off - its an option and I have been considering it.


    I have a few days that I can move the car, its not worth a huge amount much so im thinking to just lose a few hundred quid on it and drop it into a car auction. If I had time and space for a chassis I could break it for more than its worth whole :p
  • vaio
    vaio Posts: 12,287 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    temp cover from your existing insurer?

    Last time I changed car I think I got a month for £20
  • jhe
    jhe Posts: 1,827 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    we had the same problem, i have transferred ncd to new policy for new car, then paid extra to insure old car without ncd to existing insurers to keep the car insured until the policy runs out at the end of this month, not sure what i will be able to do after that
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.1K Banking & Borrowing
  • 254.3K Reduce Debt & Boost Income
  • 455.3K Spending & Discounts
  • 247.1K Work, Benefits & Business
  • 603.7K Mortgages, Homes & Bills
  • 178.3K Life & Family
  • 261.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.