Login | Register
SearchMy Stuff
My ProfileMy PreferencesMy Mates RSS Feed
2
Reply to Topic
Author Discussion

STW2010

Original Poster:

3,189 posts

48 months

[news] 
Sunday 30th September 2012 quote quote all
Hello all.

A short while ago my 323 coupe was written off by my insurance company due to a non-fault claim. This is a category C write off. I bought the car back from the insurance as I wished to keep the alloy wheels and look into the possibility of extracting the Harmon Kardon stereo system. I have now bought myself another car, and have taken the wheels off of the 323, and would now like to sell this on for spares or repair.

I have a number of questions-

1. I understand that Cat-C cars need to undergo an identification check, and so a new V5 won't be issued until this has been done. Does this stop me from transferring the car to a new registered keeper? Basically, do we fill in the V5 as normal, post it back to the DVLA and then they transfer the keepers and retain the V5 until the VIC has been completed?

2. Where is the best place to sell this car? I was thinking Ebay, despite the horror stories that frequently appear on PH.

3. As the car was written off, there is no MOT and I have since SORNed the car. So no tax, MOT or insurance. Would that put buyers off? Obviously it would need to be taken away on a trailer.


I want to do this in a way that avoids the most hassle, so I will obviously be very upfront and honest about the car, but I don't want someone to win an Ebay auction only to find we cannot transfer the V5 in the foreseeable future. Or to do anything that will cause any other issues. Basically, I want it off my driveway but want to sell it for as much as possible.

lordlee

3,079 posts

131 months

[news] 
Sunday 30th September 2012 quote quote all
Just put the car on eBay as Damaged repairable and be open and honest in your description.

CampDavid

8,679 posts

84 months

[news] 
Sunday 30th September 2012 quote quote all
I sold a written off car to a family member a while back. In short, he didn't get a V5 with the car, rather, he did the VIC and applied for it himself.

Best idea is to be clear on this up front and give your buyer a receipt

STW2010

Original Poster:

3,189 posts

48 months

[news] 
Sunday 30th September 2012 quote quote all
I know this is unlikely to happen, but what if I sold the car and the buyer didn't do the VIC for 11 months, leaving me responsible for tax/SORN?

CampDavid

8,679 posts

84 months

[news] 
Sunday 30th September 2012 quote quote all
STW2010 said:
I know this is unlikely to happen, but what if I sold the car and the buyer didn't do the VIC for 11 months, leaving me responsible for tax/SORN?
You write to the DVLA telling them it's been sold when you flog it
Advertisement

STW2010

Original Poster:

3,189 posts

48 months

[news] 
Sunday 30th September 2012 quote quote all
So, in addition to the letter to the DVLA, do the buyer and myself still fill in the V5 as with any ordinary sale?

CampDavid

8,679 posts

84 months

[news] 
Sunday 30th September 2012 quote quote all
STW2010 said:
So, in addition to the letter to the DVLA, do the buyer and myself still fill in the V5 as with any ordinary sale?
If you have the V5 then you probably don't need to bother with the letter. I'd probably just get them to sign something stating they know it's a cat c just to be clear

tbc

2,752 posts

61 months

[news] 
Sunday 30th September 2012 quote quote all
agreed , stick it on ebay/ auto trader / scumtree as damaged repairable

some bh drove into my A2, repairers inflated the estimate even though it needed a wing fixing

worth about £4-5k valued, they declared it a total loss, bought it back for £600, fixed it for £200

about £4k up

jobs a good un

STW2010

Original Poster:

3,189 posts

48 months

[news] 
Sunday 30th September 2012 quote quote all
Excellent, will do. I always draft up a very detailed receipt when selling cars, so I will be sure to do that this time around. Thanks for your help.

Nice 740 by the way.

CampDavid

8,679 posts

84 months

[news] 
Sunday 30th September 2012 quote quote all
STW2010 said:
Excellent, will do. I always draft up a very detailed receipt when selling cars, so I will be sure to do that this time around. Thanks for your help.

Nice 740 by the way.
Pleasure.

Cheers on the 740i, she's a great old barge, in fact, I think I'll treat her to a good clean today

buzzer

2,326 posts

126 months

[news] 
Sunday 30th September 2012 quote quote all
Just be sure to get a good recipt, here is the one I used recently but I am not sure how well it will cut n paste here....

Transfer of ownership and title

Make - Audi
........................................................................................................
Model - A4........................................................................................................
Registration Number - xxxxx
........................................................................................................
Mileage 143123
........................................................................................................

Registration Document completed by buyer/seller - no
Registration Document (V5) exchanged - no
VED transferred - No

Additional Notes/Comments

The purchaser has completed the sale in full knowledge that the car has been a category C insurance total loss, and the car will require a VIC test at VOSA before the V5 will be sent by the DVLA. The car is sold with no VED, or MOT.



The undersigned purchaser acknowledges receipt of the above vehicle in exchange for the cash sum of £2059 being the price agreed by the purchaser with the vendor for the above named vehicle, receipt of which the vendor hereby acknowledges. It is understood by the purchaser the vehicle is SOLD AS SPARES OR REPAIR ONLY, as seen, tried and approved by the purchaser without any representations, warranties or conditions expressed or implied whatsoever by the vendor.
Purchaser
Mr D Muppet
123 Long Street
Long town
Somwhere





Name ………………………………………….. Signature ……………………………………


Document reference ……………………………………………


Vendor


Name ………………………………………….. Signature ……………………………………



Date …………………………




All that jazz

3,365 posts

32 months

[news] 
Sunday 30th September 2012 quote quote all
STW2010 said:
Hello all.

A short while ago my 323 coupe was written off by my insurance company due to a non-fault claim. This is a category C write off. I bought the car back from the insurance as I wished to keep the alloy wheels and look into the possibility of extracting the Harmon Kardon stereo system. I have now bought myself another car, and have taken the wheels off of the 323, and would now like to sell this on for spares or repair.

I have a number of questions-

1. I understand that Cat-C cars need to undergo an identification check, and so a new V5 won't be issued until this has been done. Does this stop me from transferring the car to a new registered keeper? Basically, do we fill in the V5 as normal, post it back to the DVLA and then they transfer the keepers and retain the V5 until the VIC has been completed?

2. Where is the best place to sell this car? I was thinking Ebay, despite the horror stories that frequently appear on PH.

3. As the car was written off, there is no MOT and I have since SORNed the car. So no tax, MOT or insurance. Would that put buyers off? Obviously it would need to be taken away on a trailer.


I want to do this in a way that avoids the most hassle, so I will obviously be very upfront and honest about the car, but I don't want someone to win an Ebay auction only to find we cannot transfer the V5 in the foreseeable future. Or to do anything that will cause any other issues. Basically, I want it off my driveway but want to sell it for as much as possible.
So it's Cat C, no V5, no MoT, no tax and no ins. Your total bids on Ebay will amount to £2.50 and then the winning bidder will back out because he's realised it will cost him £200+ to trailer the car to him. Just chop it in to your local scrappy for £200 and be done with it.

STW2010

Original Poster:

3,189 posts

48 months

[news] 
Sunday 30th September 2012 quote quote all
All that jazz said:
So it's Cat C, no V5, no MoT, no tax and no ins. Your total bids on Ebay will amount to £2.50 and then the winning bidder will back out because he's realised it will cost him £200+ to trailer the car to him. Just chop it in to your local scrappy for £200 and be done with it.
It has the V5. The stereo in the car is worth £400 alone (units from scrapped cars do actually sell for that).

Meoricin

2,649 posts

55 months

[news] 
Sunday 30th September 2012 quote quote all
STW2010 said:
It has the V5. The stereo in the car is worth £400 alone (units from scrapped cars do actually sell for that).
So take it out and sell it?

Jakg

1,271 posts

54 months

[news] 
Sunday 30th September 2012 quote quote all
All that jazz said:
So it's Cat C, no V5, no MoT, no tax and no ins. Your total bids on Ebay will amount to £2.50 and then the winning bidder will back out because he's realised it will cost him £200+ to trailer the car to him. Just chop it in to your local scrappy for £200 and be done with it.
I spent £350 on a Rover 75 with no tax, insurance and a dead engine.

I broke it for over £1200...

There will be buyer out there!

STW2010

Original Poster:

3,189 posts

48 months

[news] 
Sunday 30th September 2012 quote quote all
Meoricin said:
So take it out and sell it?
This is an absolute mission. It's not just the head unit, but the wiring loom, the speakers and all the speaker wires. Then there is a simple button above the ash tray to turn the system on and off (and possibly a wiring loom for that too!).

I don't have the time to do this.

STW2010

Original Poster:

3,189 posts

48 months

[news] 
Sunday 30th September 2012 quote quote all
Jakg said:
I spent £350 on a Rover 75 with no tax, insurance and a dead engine.

I broke it for over £1200...

There will be buyer out there!
You are the sort of buyer I had in mind. I know full well that I could make a lot more money if I broke it up, but to be honest it is taking up a valuable space on my driveway and I don't have the time to piss about selling bits at a time.

STW2010

Original Poster:

3,189 posts

48 months

[news] 
Sunday 7th October 2012 quote quote all
All that jazz said:
So it's Cat C, no V5, no MoT, no tax and no ins. Your total bids on Ebay will amount to £2.50 and then the winning bidder will back out because he's realised it will cost him £200+ to trailer the car to him. Just chop it in to your local scrappy for £200 and be done with it.
Just an update. The car sold today for nearly a grand, after an auction which attracted tons of emails ('what's your best price mate') and 50+ watchers.

Good thing I didn't take your advice isn't it..

CampDavid

8,679 posts

84 months

[news] 
Sunday 7th October 2012 quote quote all
STW2010 said:
Just an update. The car sold today for nearly a grand, after an auction which attracted tons of emails ('what's your best price mate') and 50+ watchers.

Good thing I didn't take your advice isn't it..
Pride cometh before the fall; it's never sold until the cash is in your hand and the seller has it on the back of a trailer.

Good skills though

buzzer

2,326 posts

126 months

[news] 
Sunday 7th October 2012 quote quote all
CampDavid said:
STW2010 said:
Just an update. The car sold today for nearly a grand, after an auction which attracted tons of emails ('what's your best price mate') and 50+ watchers.

Good thing I didn't take your advice isn't it..
Pride cometh before the fall; it's never sold until the cash is in your hand and the seller has it on the back of a trailer.

Good skills though
Thing is, its an indication of the value, if this buyer fails there will be others at a bit less... but not £200.

Does amaze me what people will pay though... I have recently sold a car that was a CAT D AND a cat C for £2500... I thought it was worth about £900...

2
Reply to Topic