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Trade in tax advise

I recently traded in my car which is due to be taxed on the 1st March.

The dealer we traded it in to does not become the owner, the new buyer would be.

What if it has not been sold by then?

The reminder has come & we are unsure what we need to do.

Thanks in advance.
Life is short, smile while you still have teeth :D

Comments

  • s_b
    s_b Posts: 4,464 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    if you have the sold into the trade slip duly filled in
    photocopied for reference
    and posted to swansea via registered post
    then you have no worries
    dont forget to cancel the insurance on it and give 6 weeks for dvla confirmation letter you no longer are the registered keeper


    see easy:)
  • pink_princess
    pink_princess Posts: 13,581 Forumite
    Thanks

    We have not posted a copy of the trade in to DVLA, will do that first thing tomorrow.

    Our insurer cancelled the insurance the day we picked the new car up as they could not match the best price we found for the new car.
    Life is short, smile while you still have teeth :D
  • forgotmyname
    forgotmyname Posts: 32,946 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Did you send the slip off from the V5 saying you sold it to a dealer? If not expect more paperwork from the DVLA.
    Censorship Reigns Supreme in Troll City...

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