Selling car dilemma ?

[new007]

Hi Ive got a bit of a dilemma.My friend has given me their car to clean up and sell for them they have transferred ownership of it to me via the v5c temporally until its in order to sell.On the v5c I am now the registered keeper of the vehicle.The car is worth about 800quid the tax runs out in October, i received it 3 weeks ago and is now ready to be put up for sell.I am unable to get any insurance on the vehicle for myself due my personal circumstances and because of that I have sorned it.When I sell it I mention it is currently sorned and not taxed but has mot.Do I deduct the road tax off the asking price and when the buyer buys it they just sign the v5c insure it then tax it and drive it away ?

If a buyer wants a testdrive then how does this work insurance wise , sorn wise and tax wise if I the temporary registered keeper cannot be insured at all on said vehicle ?


Please help

Thanks

Edited by new007 on Tuesday 8th April 19:18

[Roo]

If it's SORN'ed it isn't taxed until October.

If you sell the car the tax is the responsibility of the buyer.

[Flibble]

If it's SORNed you're going to have to sell it without a test drive, you're going to take a hit on the price for that.

[lbc]

Roo said:

If it's SORN'ed it isn't taxed until October.

This ^^

If sorned any remaining tax is not valid.

The vehicle must not be used or parked on a public road.

[new007]

Whats the procedure regarding for me the seller to sell a sorned car.Okay so buyer has a look (of course cant testdrive) and agrees to buy what happens next regarding paperwork,tax,insurance etc?

[littleredrooster]

new007 said:

Whats the procedure regarding for me the seller to sell a sorned car.Okay so buyer has a look (of course cant testdrive) and agrees to buy what happens next regarding paperwork,tax,insurance etc?

You fill in his details on the V5 as the new keeper, give him the green bit and send the main part off to DVLA.

Make a receipt out for the sale of the car (time and date, reg., value, names and addresses etc.) and hand the car over to him. It is his responsibility from that point.

[new007]

Quick question from the moment insurance becomes not active ie expired on a car how long does the owner have to re insure it or sorn it before you get the fine in the post if valid road tax and mot is present on the car ?

[Roo]

If it's not insured it needs to be SORN'ed which means the tax is invalid. You can't have a car taxed but not insured.

MOT has no bearing on that.

[new007]

Ok so if the insurance expires and the vehicle is taxed how much time do you have to renew the insurance cover with another company for example before the fine is automatically sent out 1 day,3 days,1 week obviously not using said vehicle on public roads during the insurance transition time ?

[Roo]

No one has a definitive answer.

The insurance experts, by which I mean the proper ones, will tell you you've got a couple of weeks before the admin system catches up with you.

But there is no definitive time scale how long it will take other than the law stating, officially, it has to be one or the other.

[Tammyj]

new007 said:

Quick question from the moment insurance becomes not active ie expired on a car how long does the owner have to re insure it or sorn it before you get the fine in the post if valid road tax and mot is present on the car ?

Cancelled insurance on my mums old car the day she got a new one, it sat on the drive taxed but uninsured for about 6-8 weeks before insuring it to sell it. Didn't actually realise the law was it had to be insured even off road unless SORN!
Never heard anything about it though, no warnings, fines etc.

Does anyone know what the penalty for off road but insured is?

[Tammyj]

new007 said:

Quick question from the moment insurance becomes not active ie expired on a car how long does the owner have to re insure it or sorn it before you get the fine in the post if valid road tax and mot is present on the car ?

Cancelled insurance on my mums old car the day she got a new one, it sat on the drive taxed but uninsured for about 6-8 weeks before insuring it to sell it. Didn't actually realise the law was it had to be insured even off road unless SORN!
Never heard anything about it though, no warnings, fines etc.

Does anyone know what the penalty for off road but insured is?

[Snowboy]

Tammyj said:

Does anyone know what the penalty for off road but insured is?

That depends.
If it's sorned and insured it's fine.
If the car tax has expired then it's a different matter.

[Tammyj]

Snowboy said:

That depends.
If it's sorned and insured it's fine.
If the car tax has expired then it's a different matter.

It was taxed, not SORN. Cancelled the insurance and didn't get a new policy for about 8 weeks

[Martin4x4]

wth did you accept responsibility for selling a car when you are so clueless to the process you need to follow?

[PAULJ5555]

Tammyj said:

new007 said:

Quick question from the moment insurance becomes not active ie expired on a car how long does the owner have to re insure it or sorn it before you get the fine in the post if valid road tax and mot is present on the car ?

Cancelled insurance on my mums old car the day she got a new one, it sat on the drive taxed but uninsured for about 6-8 weeks before insuring it to sell it. Didn't actually realise the law was it had to be insured even off road unless SORN!
Never heard anything about it though, no warnings, fines etc.

Does anyone know what the penalty for off road but insured is?

Yep I called the DVLA before about this, there is no set time but the guy on the phone said you should be ok for 3-4 weeks.

[barker22]

Martin4x4 said:

wth did you accept responsibility for selling a car when you are so clueless to the process you need to follow?

You shouldn't be surprised really.
The amount of posts on this forum alone asking the same questions regarding tax/ins is crazy.

Despite what has been said, it hasn't really been 'advertised' well. And I'm guessing many people haven't actually sorned a car in their entire life so don't fully understand what it means, and just assume you can leave the tax running whilst uninsured.