V5C transfer question

I've just traded in my car that I've owned for over 8 years to a dealer, and it's the first trade in I've done since 2012. As advised on the V5C I retained the yellow "transfer to a dealer" slip (V5C/3) and got the salesman to sign it. In the past I would then post that to DVLA, but I've already had an email from DVLA confirming that the car has been transferred to the motor trade and that I'm no longer the keeper. I presume that the dealer did this electronically. So do I still need to send in the yellow slip, or is that now redundant?
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Comments

  • user1977
    user1977 Posts: 17,273 Forumite
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    If the DVLA have told you that you're no longer the keeper, that's all you need.
  • Ganga
    Ganga Posts: 4,253 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    When i bought my newish car in June i traded in an old car ,the salesman did the registration for both on his computor and also the VED so i could drive it away ,i had already  notified my insurance company 
  • SiliconChip
    SiliconChip Posts: 1,774 Forumite
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    user1977 said:
    If the DVLA have told you that you're no longer the keeper, that's all you need.

    Thanks, if everything had been done at the dealership it probably would have been obvious, but because the salesman brought the car to me and we did the handover in my home yesterday evening he couldn't do the online stuff until today. I presume that new technology at the DVLA has removed the need for the yellow slip if the dealer is online to them now.
    Insurance was done today, I was given a few days cover on the new car by the dealer which allowed me to tax it last night and drive it this morning, but I wanted to get it onto my own policy as soon as I could.
  • Ganga
    Ganga Posts: 4,253 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    The dealer gave me the tare off part at the bottom of the v5 but a few days later the new v5 for my new car arrived in the post followed by a notice from the DVLA saying i was now not the owner of my trade in followed by a credit for the remaining VED ( tax ) off my trade in ,it was payed into my bank rather than a cheque so everything done on line ,enjoy your new car.
  • SiliconChip said:

    I presume that new technology at the DVLA has removed the need for the yellow slip if the dealer is online to them now.
    Everybody's been able to do it via their website for years now - more than a decade.
    https://www.gov.uk/sold-bought-vehicle
  • Car_54
    Car_54 Posts: 8,737 Forumite
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    Ganga said:
    The dealer gave me the tare off part at the bottom of the v5 but a few days later the new v5 for my new car arrived in the post followed by a notice from the DVLA saying i was now not the owner of my trade in followed by a credit for the remaining VED ( tax ) off my trade in ,it was payed into my bank rather than a cheque so everything done on line ,enjoy your new car.
    It certainly didn't say that.
  • SiliconChip
    SiliconChip Posts: 1,774 Forumite
    1,000 Posts Third Anniversary Name Dropper
    edited 3 February 2024 at 9:48PM
    SiliconChip said:

    I presume that new technology at the DVLA has removed the need for the yellow slip if the dealer is online to them now.
    Everybody's been able to do it via their website for years now - more than a decade.
    https://www.gov.uk/sold-bought-vehicle

    As I already said, it's been 12 years since I last did a trade in, and to be honset I don't remember from then whether I sent off the slip or if the dealer did it online, but the slip was definitely still there on a V5C issued in 2015 so they must have expected some people to still be using it.
    PS The car I've traded in had £0 VED so there won't be any refund to come.
  • SiliconChip said:

    I presume that new technology at the DVLA has removed the need for the yellow slip if the dealer is online to them now.
    Everybody's been able to do it via their website for years now - more than a decade.
    https://www.gov.uk/sold-bought-vehicle

    As I already said, it's been 12 years since I last did a trade in, and to be honset I don't remember from then whether I sent off the slip or if the dealer did it online, but the slip was definitely still there on a V5C issued in 2015 so they must have expected some people to still be using it.
    PS The car I've traded in had £0 VED so there won't be any refund to come.
    You would have had a current-style red V5C.

    It tells you this on it.
  • SiliconChip
    SiliconChip Posts: 1,774 Forumite
    1,000 Posts Third Anniversary Name Dropper
    SiliconChip said:

    I presume that new technology at the DVLA has removed the need for the yellow slip if the dealer is online to them now.
    Everybody's been able to do it via their website for years now - more than a decade.
    https://www.gov.uk/sold-bought-vehicle

    As I already said, it's been 12 years since I last did a trade in, and to be honset I don't remember from then whether I sent off the slip or if the dealer did it online, but the slip was definitely still there on a V5C issued in 2015 so they must have expected some people to still be using it.
    PS The car I've traded in had £0 VED so there won't be any refund to come.
    You would have had a current-style red V5C.

    It tells you this on it.

    It tells you what on it?
  • SiliconChip
    SiliconChip Posts: 1,774 Forumite
    1,000 Posts Third Anniversary Name Dropper
    Just to finish this thread, much to my surprise the new V5C arrived this morning, less than 5 days after DVLA were notificed of the change of RK. There are some significant differences to the format of the V5C that was issued for my old car in 2015, in particular that what was Yellow Section 9 (marked V5C/3) is now Section 4 (unmarked) and advises that the easiest way to notify transfer to a motor trader is online, something that wasn't mentioned previously.
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