Newbie question: selling a car privately without V5/log book
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Hi all - not a money saving post specifically, but hoping for some help nonetheless. I'm selling a car privately for the first time. I had heard at some point that it could be now done online but I seem to have been mistaken, and reading up on DVLA's site now suggests I need a log book which I don't have. It takes between 4-6 weeks to arrive (!) so I don't have time to order a new one before the buyer arrives.
The DVLA site says if you don't have a log book you just write to the DVLA with your details and the new buyer, but I don't understand what happens in the meantime; does that mean you pay the tax on the vehicle until the dvla transfer ownership and does anyone know how long that takes and how i am notified? Details are thin on their website.
And also how does that affect insurance and liability ?
Thanks so much
The DVLA site says if you don't have a log book you just write to the DVLA with your details and the new buyer, but I don't understand what happens in the meantime; does that mean you pay the tax on the vehicle until the dvla transfer ownership and does anyone know how long that takes and how i am notified? Details are thin on their website.
And also how does that affect insurance and liability ?
Thanks so much
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Comments
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Taxing it will be an issue, below from Gov website. The buyer wont be able to tax it until they get a new V5C, so wont be able to use or keep on a public highway. Tax isn't transferable
If you do not have a V5C or new keeper slip
If you’re the current keeper, you must apply for a replacement V5C. You can tax your vehicle at the same time.
You can tax your vehicle at a Post Office, if you prefer.
If you’re the new keeper, you cannot tax your vehicle without a new keeper slip. You’ll need to apply for a new V5C by post. You can also get the form from the Post Office.
A new V5C costs £25.
Does the buyer know it hasn't got a V5C?
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Have you ever had the V5 ? Is it just lost/misplaced
If not, how did you manage to tax the vehicle last time ?
As above, make sure any prospective buyer is aware you dont have it1 -
I think you can get a V5 quicker by visiting a DVLA office (or at least you could in the past I had to replace a lost one).
If I was the buyer though, the lack of the document would be a massive red flag and I'd walk away...2 -
You need to apply for a V5 directly and give it to the new keeper.They can apply for one themselves but then the DVLA will write to you to give you 2 weeks to object, which delays the process and the new buyer can't tax the car in the mean time.
It's generally advised not to buy a car without a V5 so you ideally want to have that sorted before selling. Definitely make sure your current buyer (if you have one) knows about it.1 -
mr_stripey said:I think you can get a V5 quicker by visiting a DVLA office (or at least you could in the past I had to replace a lost one).
If I was the buyer though, the lack of the document would be a massive red flag and I'd walk away...1 -
Betterthanlife said:Taxing it will be an issue, below from Gov website. The buyer wont be able to tax it until they get a new V5C, so wont be able to use or keep on a public highway. Tax isn't transferable0
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Car_54 said:Betterthanlife said:Taxing it will be an issue, below from Gov website. The buyer wont be able to tax it until they get a new V5C, so wont be able to use or keep on a public highway. Tax isn't transferableRemember the saying: if it looks too good to be true it almost certainly is.0
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dilby said:Hi all - not a money saving post specifically, but hoping for some help nonetheless. I'm selling a car privately for the first time. I need a log book which I don't have. It takes between 4-6 weeks to arrive (!) so I don't have time to order a new one before the buyer arrives.Remember the saying: if it looks too good to be true it almost certainly is.0
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Car_54 said:Betterthanlife said:Taxing it will be an issue, below from Gov website. The buyer wont be able to tax it until they get a new V5C, so wont be able to use or keep on a public highway. Tax isn't transferable1
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A duplicate/replacement V5c will only take a few days to arrive if there is no change of keeper details.Applying for a V5c in a different name takes several weeks as they write to the current keeper and give them 28 days to object to a possible fraudulent request for transfer.I want to go back to The Olden Days, when every single thing that I can think of was better.....
(except air quality and Medical Science )1
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