Selling vehicle, what does this mean on AA car buyers contract?

powerful_Rogue

Afternoon,

Hopefully selling my vehicle later on, so printed out two copies of the AA Car buyer'/Seller's contract.

On it it states:

VIN matches the V5 - All good.

Registration document completed by buyer/seller - All good

Buyer has received V5C/2 (Green slip) - All good

Registration document (V5C) exchanged - What does this mean? I thought I kept this and the buyer just got the green slip?

Thanks in advance.

Car_54

I think it just means the AA's advice is duff. Just follow the instructions on your V5C, and be aware that you can do some of it online.

powerful_Rogue

I'm going to follow what the V5 says, however this is the buyers/sellers contract i'm asking about.

https://www.theaa.com/car-buying/buyers-sellers-contracts

sheramber

• Vehicle identification number matches V5C? yes/no
• Registration Document completed by buyer/seller yes/no
• Registration Document (V5C) exchanged yes/no
• Buyer has received V5C/2 (green slip)  yes/no
  

It doesn't say you have to exchange the document. You have the option to say 'no'

shiraz99

There are circumstances where you hand over the V5, eg, when you sell your car to trader/dealer.