V5/new owner/trader
Discussion
Sold car.
Buyer said he’s trader. No reason to assume not.
Genuinely seems legit, just a new experience to me.
Came to collect car with his wife.
He filled in yellow bit, signed in wrong box (I signed in other box and annotated document they were swapped)
I’ve got yellow bit.
He took rest of V5 as required.
He asked about current insurance and tax (I can’t stop my insurance till Monday, I can’t stop tax till v5 done). This made me a bit curious as a trader should have insurance and no tax concerns.
I thought doing it online may be best. I tried but address from yellow slip is not on database. Looks like a residential street.
I posted V5C/3 with note about signature entries being flipped.
He’s now txt saying he wants to keep the car so will do the V5 to his wife himself tomorrow.
Is my only duty in this regard to post the V5C/3 saying the car went to trade this morning?
I assume if he does the V5 to his wife tomorrow, he’ll be doing it from the trade and not doing it from me?
Do I even need to worry about this?
It just feels slightly dodgy to me, but again it’s new to me.
I wish I’d just done it all online now!
Thanks for any help
Dave
Buyer said he’s trader. No reason to assume not.
Genuinely seems legit, just a new experience to me.
Came to collect car with his wife.
He filled in yellow bit, signed in wrong box (I signed in other box and annotated document they were swapped)
I’ve got yellow bit.
He took rest of V5 as required.
He asked about current insurance and tax (I can’t stop my insurance till Monday, I can’t stop tax till v5 done). This made me a bit curious as a trader should have insurance and no tax concerns.
I thought doing it online may be best. I tried but address from yellow slip is not on database. Looks like a residential street.
I posted V5C/3 with note about signature entries being flipped.
He’s now txt saying he wants to keep the car so will do the V5 to his wife himself tomorrow.
Is my only duty in this regard to post the V5C/3 saying the car went to trade this morning?
I assume if he does the V5 to his wife tomorrow, he’ll be doing it from the trade and not doing it from me?
Do I even need to worry about this?
It just feels slightly dodgy to me, but again it’s new to me.
I wish I’d just done it all online now!
Thanks for any help
Dave
Edited by Mr Whippy on Saturday 28th April 20:12
I think I’m gonna do it online with the details the buyer provided in the V5C/3, and then just ring DVLA on Monday to explain.
Then they have the V5C/3 in the post too.
A lesson learnt.
Do it all online, there and then, so you’ve cleared your responsibility before the new keeper rolls of your drive, or fills out their part of the V5 incorrectly.
Cheers
Dave
Then they have the V5C/3 in the post too.
A lesson learnt.
Do it all online, there and then, so you’ve cleared your responsibility before the new keeper rolls of your drive, or fills out their part of the V5 incorrectly.
Cheers
Dave
I suppose my apprehension is the formality of the declarations.
Since the buyer technically signed no declaration I’m left providing no formally signed buyer details to the DVLA.
It’s that part which I feel a bit uneasy about.
Why have declarations if they’re meaningless?
Hypothetically speaking, I could buy a car tomorrow as a trader under any old name and address, and the seller has no responsibility to check, and me as a trade buyer no need to formally sign anything if it’s done online.
I assume DVLA don’t really care too much *where* a car is in the trade network, just that it is in the trade network.
Since the buyer technically signed no declaration I’m left providing no formally signed buyer details to the DVLA.
It’s that part which I feel a bit uneasy about.
Why have declarations if they’re meaningless?
Hypothetically speaking, I could buy a car tomorrow as a trader under any old name and address, and the seller has no responsibility to check, and me as a trade buyer no need to formally sign anything if it’s done online.
I assume DVLA don’t really care too much *where* a car is in the trade network, just that it is in the trade network.
So should this motor trader have, upon buying the car into the trade, have driven off with trade plates?
I just hope he got back home without attracting unwanted attention from cameras on the motorway.
As much as I can prove it was sold and when, it does feel like a potential hassle vector I could have done without having.
The main alarm bell was when he said he would keep the car, and I needn’t send off the V5C/3 as he’d do the log book.
It’d either need doing as me to the new owner off the V5 he took (not correct as I need to complete that), or from the trade to the new owner (but no record from me saying it’d gone to the trade)
I do feel a bit like I’ve been made (or tried to be made) an unwitting party to a bit of a skirting around the rules by this trader.
I just hope he got back home without attracting unwanted attention from cameras on the motorway.
As much as I can prove it was sold and when, it does feel like a potential hassle vector I could have done without having.
The main alarm bell was when he said he would keep the car, and I needn’t send off the V5C/3 as he’d do the log book.
It’d either need doing as me to the new owner off the V5 he took (not correct as I need to complete that), or from the trade to the new owner (but no record from me saying it’d gone to the trade)
I do feel a bit like I’ve been made (or tried to be made) an unwitting party to a bit of a skirting around the rules by this trader.
Edited by Mr Whippy on Sunday 29th April 08:09
Mr Whippy said:
So should this motor trader have, upon buying the car into the trade, have driven off with trade plates?
I just hope he got back home without attracting unwanted attention from cameras on the motorway.
As much as I can prove it was sold and when, it does feel like a potential hassle vector I could have done without having.
The main alarm bell was when he said he would keep the car, and I needn’t send off the V5C/3 as he’d do the log book.
It’d either need doing as me to the new owner off the V5 he took (not correct as I need to complete that), or from the trade to the new owner (but no record from me saying it’d gone to the trade)
I do feel a bit like I’ve been made an unwitting party to a bit of a skirting around the rules by this trader.
No he wouldn't have used trade plates, it's fine on the road as it is.I just hope he got back home without attracting unwanted attention from cameras on the motorway.
As much as I can prove it was sold and when, it does feel like a potential hassle vector I could have done without having.
The main alarm bell was when he said he would keep the car, and I needn’t send off the V5C/3 as he’d do the log book.
It’d either need doing as me to the new owner off the V5 he took (not correct as I need to complete that), or from the trade to the new owner (but no record from me saying it’d gone to the trade)
I do feel a bit like I’ve been made an unwitting party to a bit of a skirting around the rules by this trader.
I wouldn't worry about it, as long as the money is real
I sold an E36 to a trader a couple years ago, he drove home via the tunnel and didn't pay the dart charge, they took a bit of convincing, had to provide the eBay listing, receipt, new owners details copy of DVLA slip, but I didn't have to pay the fine.
Contact DVLA if you haven't already done so to confirm that you've sold the car and transferred ownership.
Keep any paperwork you have for a few months just in case.
Cheers for the reassurance!
I’m sure it’s all ok it’s just new to me and I’m a bit weary of the importance of my responsibilities.
I’ve only ever sold private before except one car traded last year and it was done online at BMW so the sales guy did it all.
It seems DVLA are ultimately happy to know the date it entered the trade and that’s about it.
With the online version needing no signed declarations from the buying party, the seller just has to trust the info.
So it can’t be that important.
I’m sure it’s all ok it’s just new to me and I’m a bit weary of the importance of my responsibilities.
I’ve only ever sold private before except one car traded last year and it was done online at BMW so the sales guy did it all.
It seems DVLA are ultimately happy to know the date it entered the trade and that’s about it.
With the online version needing no signed declarations from the buying party, the seller just has to trust the info.
So it can’t be that important.
KevinCamaroSS said:
Mr Whippy said:
It’s a bit odd that it’s offline from 7pm to 7am though.
Agreed, the DVSA needs to wake up to the fact that a computer system is online 24/7/365, not just (extended) working hours.ElectricPics said:
KevinCamaroSS said:
Mr Whippy said:
It’s a bit odd that it’s offline from 7pm to 7am though.
Agreed, the DVSA needs to wake up to the fact that a computer system is online 24/7/365, not just (extended) working hours.I’m so confused now.
The buyer seems like a sound chap, and I was sure nothing untoward would have gone on.
I’m just trying to grasp why.
He said he’d wanted to put his private reg on but can’t now because it’s unregistered.
He now has to wait a week for log book.
But surely he couldn’t have swapped plates until he had his new V5C in his name any way?
If it’s now ‘unregistered’ in the trade, can’t he just send off trade seller slip, or do it online, and get V5C in about a week? (What he’s just done?)
The only way he’d have done it sooner was to put new plate on in my name?
Then swapped owner once it was on? Saving a week of waiting?
What’d happen if he swapped plates online while my yellow slip was in the post?
Is this an acceptable practice or a bit skirting around the correct practice?
The buyer seems like a sound chap, and I was sure nothing untoward would have gone on.
I’m just trying to grasp why.
He said he’d wanted to put his private reg on but can’t now because it’s unregistered.
He now has to wait a week for log book.
But surely he couldn’t have swapped plates until he had his new V5C in his name any way?
If it’s now ‘unregistered’ in the trade, can’t he just send off trade seller slip, or do it online, and get V5C in about a week? (What he’s just done?)
The only way he’d have done it sooner was to put new plate on in my name?
Then swapped owner once it was on? Saving a week of waiting?
What’d happen if he swapped plates online while my yellow slip was in the post?
Is this an acceptable practice or a bit skirting around the correct practice?
While I agree generally, it does raise concerns about buyers who may not be so trustworthy.
Yes I can prove I wasn’t the owner, but having it all done online with a date/time stamp seems to save much *potential* hassle vs doing slow old paper.
It’s just an interesting topic on what you can/can’t do and what little methods may exist to do things like get a VRM swap on asap etc.
Dave
Yes I can prove I wasn’t the owner, but having it all done online with a date/time stamp seems to save much *potential* hassle vs doing slow old paper.
It’s just an interesting topic on what you can/can’t do and what little methods may exist to do things like get a VRM swap on asap etc.
Dave
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