Buying a new car before selling your old one..
Buying a new car before selling your old one..
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Discussion

Riknos

Original Poster:

4,701 posts

229 months

Monday 16th April 2012
quotequote all
In the old days, I used to buy my new car, then leave it on a relatives drive (so off the road) whilst I keep using my current one whilst it's up for sale, then transfer the insurance over the day I sell it etc.

Nowadays, with the new stty rules, this is illegal now isn't it? So I will have to sorn my new car, even though I might need to re-tax it a week later? It's a bit of an arse ache really.

I'm hoping to sell my old car in a couple of weeks so how much am I going to lose in trading in the tax disc now and buying it back a couple of weeks later? Do they round it up to the nearest month or something when you sell it?

Never had to sorn before, wont have to if someone wants to buy my MX5 (which is in the classifieds wink) before I pick up my new one this weekend (another MX5biggrin )

24seven

7 posts

177 months

Monday 16th April 2012
quotequote all
You could try speaking to your insurance company, explain the situation and they might cover both cars for a few days while you sell the old one.

Riknos

Original Poster:

4,701 posts

229 months

Monday 16th April 2012
quotequote all
Good idea, I'll try that, thanks. Looking on the DVLA website, it sounds like the amount of time involved in sorning, to then have to re-apply soon after seems a massive flaw. That and they only refund a full month of tax so I will lose over 2 weeks worth