Buying a car where plate needs to be transferred
Discussion
Guys,
Am buying a 1992 Carrera 4, however it currently has a personalised plate and current owner wants to keep it. How does it all get sorted out? I am supposed to picking up the car Saturday but it will still have his plate on it. Does he apply for a plate transfer and I then send back his plates once it comes through? Do I still take the same tare off part of the V5 for the buyer?
Thanks!
Am buying a 1992 Carrera 4, however it currently has a personalised plate and current owner wants to keep it. How does it all get sorted out? I am supposed to picking up the car Saturday but it will still have his plate on it. Does he apply for a plate transfer and I then send back his plates once it comes through? Do I still take the same tare off part of the V5 for the buyer?
Thanks!
Takes ages. Just purchased in the same situation (E90 330), owner had visited DVLA office day before our viewing but it took a week before "permission to put on old plates" came through to him, but no V5.
The owner was a decent chap, so we paid the £8k in cash and took the car away without seeing a V5, based on trust.
Took another 3 weeks before V5 arrived.
It helped it was a rare car, right spec, superb price ... risks are nice.
The owner was a decent chap, so we paid the £8k in cash and took the car away without seeing a V5, based on trust.
Took another 3 weeks before V5 arrived.
It helped it was a rare car, right spec, superb price ... risks are nice.
[quote]Does he apply for a plate transfer and I then send back his plates once it comes through? Do I still take the same tare off part of the V5 for the buyer?
[/quote]
yes yes and yes
if he fills out the plate transfer form V317, but puts you as the current owner (as you've just bought the car and fill out the transfer section on the V5), if he puts himself as the Grantee
send the V5, V317 and the MOT cert to the DVLA
you get a new V5 MOT cert and tax disc and new reg... he gets his reg cert
job done
it DOES not need to delay any sale ... only idiots who cant understand basic logic think this is the case
[/quote]
yes yes and yes
if he fills out the plate transfer form V317, but puts you as the current owner (as you've just bought the car and fill out the transfer section on the V5), if he puts himself as the Grantee
send the V5, V317 and the MOT cert to the DVLA
you get a new V5 MOT cert and tax disc and new reg... he gets his reg cert
job done
it DOES not need to delay any sale ... only idiots who cant understand basic logic think this is the case
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