Selling my car - are test drives insured?

shinytop

zippy08 said:

movilogo said:

...

I used CarWow last year to sell my 8-yr old car and they offered good price, higher than WBAC.

Interesting! That may well be my last resort. Have already spoken to a dealer who offered around 20-25% below market value.

If that's 20-25% less than retail (i.e. what he'd sell it for) that's a good deal.   

DullGreyGuy

zippy08 said:

RobM99

Yup! Exactly this. 
They won't do this unless there is a corporate-sized margin in it for them.

From the outset there is a margin in there because people are willing to pay more to corporate sellers than they are to private ones. Inevitably they will want more than that spread but its typically less than the spread achieved if its traded in instead.

tacpot12

If you are relying on temporary cover, be aware that some policies only cover the person who buys the temporary insurance if the car is also insured by the owner of the car (sometimes described as an underlying insurance policy) . If the car has been SORN'ed and is not insured by the owner because of this, the temporary cover may not be valid.

Cuvva don't require an underlying temporary insurance policy, so this is qhy I used them when test driving a car I was looking at for my stepson. The owner had not SORNed the car, but had stored it off road and let the insurance lapse, so it was still taxed when I drove it.  

Car_54

tacpot12 said:

If you are relying on temporary cover, be aware that some policies only cover the person who buys the temporary insurance if the car is also insured by the owner of the car (sometimes described as an underlying insurance policy) . If the car has been SORN'ed and is not insured by the owner because of this, the temporary cover may not be valid.

And in that case the owner is guilty of using an untaxed car, not having continuous insurance., and permitting the buyer to drive without insurance.

shera12

zippy08 said:

I intend to sell my car privately, and it occurred to me that any prospective buyers wanting to test drive the car would need to be insured.

Question is on whose insurance?

They wouldn't be on my policy, so does that mean my policy would have no cover for this scenario?
Their policy would not include my car, so similar question as above.

Catch-22?

Good question, it really depends on the buyer’s insurance. Most of the time, they’re not covered unless they already have a policy that includes “driving other cars.” To be safe, you can either let them drive it only if they show proof of insurance, or go along for the ride and keep control of the keys. Some sellers just do a short demo drive themselves instead. Better safe than sorry!

CliveOfIndia

shera12 said:

zippy08 said:

I intend to sell my car privately, and it occurred to me that any prospective buyers wanting to test drive the car would need to be insured.

Question is on whose insurance?

They wouldn't be on my policy, so does that mean my policy would have no cover for this scenario?
Their policy would not include my car, so similar question as above.

Catch-22?

Good question, it really depends on the buyer’s insurance. Most of the time, they’re not covered unless they already have a policy that includes “driving other cars.” To be safe, you can either let them drive it only if they show proof of insurance, or go along for the ride and keep control of the keys. Some sellers just do a short demo drive themselves instead. Better safe than sorry!

Given that this post is 10 months old, I expect the OP has got it sorted by now.