📨 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!

transfer car over from parent to son

Options
2»

Comments

  • Ant555
    Ant555 Posts: 1,600 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 13 March 2016 at 10:45PM
    So he'll need to tax it from 1st April to avoid paying twice for March?


    That was part of the hoo-haa when they switched the system over.

    Every time something like this happens (which, presumably, is VERY often) the DVLA effectively get double money for the month of transfer.
    Thisismoney.co.uk calculate its a 'windfall' of £38million per year

    http://www.thisismoney.co.uk/money/cars/article-3067185/Scrapping-car-tax-discs-delivers-38m-double-charging-windfall.html
  • AdrianC
    AdrianC Posts: 42,189 Forumite
    Eighth Anniversary 10,000 Posts Name Dropper
    Thisismoney is the Daily Mail. I wouldn't believe the date on the cover without proof.
  • Ant555
    Ant555 Posts: 1,600 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    AdrianC wrote: »
    Thisismoney is the Daily Mail. I wouldn't believe the date on the cover without proof.

    OK, but I think my point is still valid that there will often be double charging for the month of sale with any 'windfall' collected by the DVLA.
  • macman
    macman Posts: 53,129 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Remember that the registered keeper is not necessarily the legal owner of the vehicle.
    No free lunch, and no free laptop ;)
  • arcon5
    arcon5 Posts: 14,099 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    SORN it for the one day :)
  • jimjames
    jimjames Posts: 18,690 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    edited 14 March 2016 at 2:37PM
    So he'll need to tax it from 1st April to avoid paying twice for March?
    Yes he would, but needs to SORN the last day in March. Sorry I'd got wrong month in my post

    arcon5 wrote: »
    SORN it for the one day :)
    Exactly, as described above. Done twice now and works perfectly
    Remember the saying: if it looks too good to be true it almost certainly is.
  • londonTiger
    londonTiger Posts: 4,903 Forumite
    photome wrote: »
    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

    only relevant if the car is worth anything tbh, if it's a 2002 golf valued at £1000 then the difference between 5 owners and 6 owners is not going to affect the car much.

    Plus saves mum the hassle of dealing with parking tickets,
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
  • 351.1K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599.1K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K 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.