Taxing a car just bought without the V5

[focusst1]

I am considering buying a car from an auction without a V5 - a main dealer PX and I understand that it is currently going through the cherished transfer process.

Am I right in thinking that I will be able to tax the car online without the V5? Does the new tax disc-less system actually make it easier to tax and use a car bought without a V5?

Or will I have to wait for the logbook to come through (or apply for a new one) before I can tax it?

Greatly appreciate any info re: taxing as if I am unable to tax the car on purchase it will greatly put me off buying it.

[focusst1]

Many thanks for the reply, can I just confirm if I can get the road tax at the same time as applying for the new V5 with the V62 or will I have to send off the V62 and then wait for a new V5 before I can tax the car? It could mean that I can't use the car for a few weeks. Thanks again.