Most effective way of selling a SORN, uninsured car

tron05

Hi - here for some advice on how to about selling my secondary car. Due to Covid, we never took out our second car for a few months and then did not renew insurance, put it on SORN. Its been 5 months and we figured we didn't miss it and would want to get rid of it. 
Its a Honda Logo hatchback 2000 model with 35k miles on it. Would be expecting slightly less than £1500
Costs to get it on road:
Service+ MOT = £175
Insurance = £300
Road tax = £165
So estimating about £640 to get it on road and refunds of maybe 250 from insurance and road tax. 
I am looking for suggestions on how to handle insurance on this. I would need an insurance to take it for servicing+mot, list it and sell it in may be 30 days. Usual annual premium i pay is about 300 and come with costly cancellation. 

JustAnotherSaver

Advertise car for sale & say in advert it is declared Sorn & theres no insurance on it & wait for those who are happy with that to contact you with their interest? 

tacpot12

Change insurer to one that doesn't charge a costly cancellation, or use one of the short term insurance specialists . Declaring a very low annual mileage might also help.  

angrycrow

I suspect that you will find the valuation of £1500 to be very optomistic. It's a relatively unknown car that is 20 years old. There is one for sale in the entire country at £700 with 69k miles on it. Parkers value range is £235 to £835 max. It sounds like the cost to get it back on the road is about its value. 

Personally I would stick it on ebay and see what you get for it. 

Car_54

£1,500 seems optimistic. Parkers quote £225 - £835.

AdrianC

An MOT is ~£50, ask the garage to collect and deliver, so their insurance covers. You don't NEED to get it serviced at the same time. This is a good investment anyway - if it fails badly, shrug and weigh it in or shove it on the 'bay for spares/repairs. 

Having it insured and taxed will make test drives a lot easier, of course - but many viewers will have their own insurance, and may be willing to take the risk of driving it untaxed - and you can cancel both once it's sold, so you won't end up paying the full annual cost.
If one insurer is expensive to cancel, don't use them - there's plenty of others out there.

Sure, you can advertise it as "needs MOT, can't offer test drive because uninsured and SORNed" - but you'll almost certainly find the hit you take on price will make getting it legal worthwhile.

TBH, I think £1500 is going to prove optimistic. It's a 20yo forgotten, unloved, short-lived small hatch. It was only sold here for a couple of years, and never sold well, so parts availability is going to be an issue. Just 35k on a 20yo car is not exactly a plus point. Anybody who is seduced by the Honda badge will be hard-pushed not to just get a newer Jazz, a far better car.
https://www.autotrader.co.uk/car-details/202011126035398
https://www.parkers.co.uk/honda/logo/review/

neilmcl

What will WBAC offer for it?

Car_54

AdrianC said:

Having it insured and taxed will make test drives a lot easier, of course - but many viewers will have their own insurance, and may be willing to take the risk of driving it untaxed -

But if it's driven untaxed, isn't the OP also committing the offence (using, or keeping)?

AdrianC

<shrug> Zero points, just a smallish fine. If the person test-driving gets tugged, they pay.

EdGasketTheSecond

AdrianC said:

Having it insured and taxed will make test drives a lot easier, of course - but many viewers will have their own insurance, and may be willing to take the risk of driving it untaxed

NO. If a potential buyer has insurance for 'driving other cars' then nearly always it is a requirement that the car being driven MUST also be insured. It is bad advice to suggest taking a car out uninsured; you could injure or kill someone and be paying the bill for a lifetime.

williamgriffin

EdGasketTheSecond said:

AdrianC said:

Having it insured and taxed will make test drives a lot easier, of course - but many viewers will have their own insurance, and may be willing to take the risk of driving it untaxed

NO. If a potential buyer has insurance for 'driving other cars' then nearly always it is a requirement that the car being driven MUST also be insured. It is bad advice to suggest taking a car out uninsured; you could injure or kill someone and be paying the bill for a lifetime.

I've never had an insurance policy with that clause for driving other vehicles.