Trade plate rules

Sally_A

The trade plates are on the MID, so they do carry the same insurance cover as the Motor Trade policy. A trade plate is costed on the policy as an average car the said motor trader would deal in. On average £260 + IPT.

However, there are terms and conditions regarding trade plate usage, ie it should be a continuous Motor Trade useage ( stopping for a wee and grub at services has been challenged, and won in favour of the driver if it was a long journey to collect a vehicle from auction several hundred miles away). Unaccompanied Demo on a trade plate is also covered if the motor trader has the demo insurance, and so long as they comply with the terms of Unacc Demo there should be no issues.

Not really sure what you are getting at Chopper Read, can you be more specific, and maybe quote legal outcomes.

dacouch

This thread explains the question

https://forums.moneysavingexpert.com/discussion/4466325

Sally_A

Cheers dacouch, the only thing I can see may be a problem is the reference to "young lad" at the wheel. Unaccompanied Demo wording normally applies to 25 - 70 year olds with a full licence 12 months + and no more than 6 pts.

Worse case here is for the dealer, if he knowingly let someone out in the car who did not comply with the Unacc Demo criteria, it would be RTA cover only; the dealer could also be done for an IN12; if dad said he was testing it, and then let young sonny jim (ie outside the above criteria) have a go, it will open up a whole new can of worms.

Chopper_Read

Sally_A wrote: »

The trade plates are on the MID, so they do carry the same insurance cover as the Motor Trade policy. A trade plate is costed on the policy as an average car the said motor trader would deal in. On average £260 + IPT.

However, there are terms and conditions regarding trade plate usage, ie it should be a continuous Motor Trade useage ( stopping for a wee and grub at services has been challenged, and won in favour of the driver if it was a long journey to collect a vehicle from auction several hundred miles away). Unaccompanied Demo on a trade plate is also covered if the motor trader has the demo insurance, and so long as they comply with the terms of Unacc Demo there should be no issues.

Not really sure what you are getting at Chopper Read, can you be more specific, and maybe quote legal outcomes.

Trade plates are for vehicles temporarily in your possession and save you taxing and registering the vehicle. The trader will still need a separate trade policy.

You've come on here offering advice and quoting things when it appears you know less than the op.

dacouch

Chopper_Read wrote: »

Trade plates are for vehicles temporarily in your possession and save you taxing and registering the vehicle. The trader will still need a separate trade policy.

You've come on here offering advice and quoting things when it appears you know less than the op.

There's nothing wrong with Sally's advice, she does explain there Motor Trade policy will have cover on it for trade plates.

Chopper_Read

dacouch wrote: »

There's nothing wrong with Sally's advice, she does explain there Motor Trade policy will have cover on it for trade plates.

So they provide they same cover as an insurance policy do they?

They cover the same thing my vel and v5 do so can I now drive without insurance?

dacouch

Chopper_Read wrote: »

So they provide they same cover as an insurance policy do they?

They cover the same thing my vel and v5 do so can I now drive without insurance?

She never said a trade plate in itself is an insurance policy.

What she said was

Sally_A wrote: »

The trade plates are on the MID, so they do carry the same insurance cover as the Motor Trade policy. A trade plate is costed on the policy as an average car the said motor trader would deal in. On average £260 + IPT.

However, there are terms and conditions regarding trade plate usage, ie it should be a continuous Motor Trade useage ( stopping for a wee and grub at services has been challenged, and won in favour of the driver if it was a long journey to collect a vehicle from auction several hundred miles away). Unaccompanied Demo on a trade plate is also covered if the motor trader has the demo insurance, and so long as they comply with the terms of Unacc Demo there should be no issues.

If you want to be a pedant she could have explained that the trader is obliged to declare their plate to the MID and gone into further detail about the MT policy covering them. However I think everyone understood her post.

"Are Motor Trade plates acceptable evidence of insurance?
The trade plate must be registered on the Motor Insurance Database (MID) as this demonstrates to the authorities that a trader has a motor insurance policy in place which covers the use of the vehicles that are temporarily in their possession."

http://stayinsured.askmid.com/FAQs.html

Chopper_Read

dacouch wrote: »

She never said a trade plate in itself is an insurance policy.

What she said was



If you want to be a pedant she could have explained that the trader is obliged to declare their plate to the MID and gone into further detail about the MT policy covering them. However I think everyone understood her post.

"Are Motor Trade plates acceptable evidence of insurance?
The trade plate must be registered on the Motor Insurance Database (MID) as this demonstrates to the authorities that a trader has a motor insurance policy in place which covers the use of the vehicles that are temporarily in their possession."

http://stayinsured.askmid.com/FAQs.html

Even you highlighted the fact she said they carry the same insurance cover as a trade policy.

They don't they cover the fact the vehicle is not registered or taxed.

leftinamess

Sally_A wrote: »

Cheers dacouch, the only thing I can see may be a problem is the reference to "young lad" at the wheel. Unaccompanied Demo wording normally applies to 25 - 70 year olds with a full licence 12 months + and no more than 6 pts.

Worse case here is for the dealer, if he knowingly let someone out in the car who did not comply with the Unacc Demo criteria, it would be RTA cover only; the dealer could also be done for an IN12; if dad said he was testing it, and then let young sonny jim (ie outside the above criteria) have a go, it will open up a whole new can of worms.

Hi Sally,

Thank you soooo much for the helpful advice, this gent i have just found out was about 23 years old in a civic type R with only the front trade plate displayed. I refuse to go down without a fight on this as I know I was not in the wrong and when asking for help from the dealership they have been vile. Again thanks

skivenov

A trade plate is:
a) Portable road tax, you stick it on a vehicle, and the vehicle is covered by the tax on the plate (that's what the triangle on top of the front plate is)
b) A declaration of who is reponsible for that vehicle at that point in time - ie if a vehicle doesn't have numberplates, it shows who was using it and gives a papertrail back to what the vehicle was and who it belonged to.

It isn't specifically proof of insurance, though you need the appropriate insurance in place to obtain trade plates, and you can register a plate with MID in most cases.

If you're displaying a front plate, you're supposed to display the back.

However, back plates are really easy to lose, so as long as the car's got registration plates on, most people (myself included) normally just put the front one in as a "tax disc". Some vehicles, for example Smart Roadsters, really aren't easy to put a back plate on.

Unaccompanied test drives go down to what the trader's insurance lets them do.

Sally A - Convoying between a pair of plates is a bit of a grey area legally, but I suspect that if you intentionally drove into a car in convoy, you would still be charged with dangerous driving.

The police generally cast a blind eye to convoying, as the drivers would be insured on a traders policy with or without the plates, and generally it's registerred cars that get convoyed, so the biggest offence would be no road tax, which they'd probably not be bothered about. I have driven past a police traffic car whilst leading a convoy and they barely batted an eyelid.