transfer car over from parent to son

tanv

Hi,
my mum is going to give her car to me, now in layman's terms how do I transfer the car to my name, so when I do insurance next month I am the registered keeper/owner ?

any help is appreciated, thanks.

glentoran99

fill in the form and post it, or do it online

photome

why not leave the V5 in your mums name therefore keeping the amount of registered keepers down

you can still be the owner and insure it in your name

rich13348

If you transfer it to your name. You will have tax it immediately regardless of how much tax is left on it. Your mum will get a refund of months remaining.

tanv

@glentoran99 what form?

@photome I actually cant seem to find the v5 unfortunately but me being the registered keeper makes the insurance go down.

@rich13348 the roadtax isnt a problem, she pays monthly. I dont mind paying immediately.

glentoran99

tanv wrote: »

@glentoran99 what form?

@photome I actually cant seem to find the v5 unfortunately but me being the registered keeper makes the insurance go down.

@rich13348 the roadtax isnt a problem, she pays monthly. I dont mind paying immediately.

The V5 form or online here


https://www.gov.uk/sold-bought-vehicle


you'll need the V5 though

photome

tanv wrote: »

@glentoran99 what form?

@photome I actually cant seem to find the v5 unfortunately but me being the registered keeper makes the insurance go down.

@rich13348 the roadtax isnt a problem, she pays monthly. I dont mind paying immediately.

Interesting, I didnt think it made any difference

AdrianC

If you can't find the V5C, you'll need to send a V62 and £25.
https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/471730/V62_030815.pdf

konark

Just wait till the end of the month before swapping, she gives you the car on 31st March you tax from 1st April

jimjames

konark wrote: »

Just wait till the end of the month before swapping, she gives you the car on 31st March you tax from 1st April

Unfortunately that won't work. If you own the car on 31st March you need to tax it for March.

The way to arrange it is to make the transfer on 31st March at at time where you no longer need to use the car and immediately apply for SORN. Then tax it from 1st April.
If you leave it till 1st April to transfer then your mother will have paid tax for April (even though just one day used she won't get April refunded) and you'll need to do the same.

Silver-Surfer_2

jimjames wrote: »

Unfortunately that won't work. If you own the car on 31st March you next to tax it for March.

The way to arrange it is to make the transfer on 31st March at at time where you no longer need to use the car and immediately apply for SORN. Then tax it from 1st March.
If you leave it till 1st March then your mother will have paid tax for March and you'll need to do the same.

So he'll need to tax it from 1st April to avoid paying twice for March?