V5c for cat B write off

[alun64]

I looking for some info I have a rare and valuable car which unfortunately was in a flood 2 yrs ago not a particularly serious one but bad enough for the insurers to class it as a cat b write off, when I asked them why it was simply because of the risk from contamination. Since I was dealing with a flooded house which was far more difficult to decontaminate then the car was easy enough bought it back from insurers stripped to the shell all electronics replaced cleaned etc car is like new and before I get all the usual comments about class B it is legal to be on the road I still have the V5 and it can be taxed and insured Adrian Flux does insurance for cat B, now the problem seems to be if I want to sell it then will DVLA issue a V5 to the new keeper? does anyone have any experience of this ?

Thanks

[Gavin0478]

Can you not export it to ireland then reimport it to remove this marker?

[Auto810graphy]

Sadly the answer is no. The car can be broken for parts or exported. We had the same with one of our pool cars a few years back, kept it MOT tested and taxed as a Cat B for our delivery drivers to use but had to sell it to a driving school for off road use only in the end.

[alun64]

thanks for the replies I had thought about going down the Irish route but wouldn't the VIN still flag up? Legally the v5C is only the registered keeper so im not sure why the DVLA won't issue another one seems to me to be just an insurance stich up

[Sebring440]

alun64 said:

I have a rare and valuable car

Regarding the "value", presumably you were paid out by the insurance company?

[SimonTheSailor]

Why not carry on using it ?

You've got paid out.
You've put a lot of effort getting it back on the road.
It obviously must mean a lot to you to go through all this.
Have it for years then when it is worth loads more break it for parts.

[bennno]

alun64 said:

thanks for the replies I had thought about going down the Irish route but wouldn't the VIN still flag up? Legally the v5C is only the registered keeper so im not sure why the DVLA won't issue another one seems to me to be just an insurance stich up

You presumably got paid for the car and knew it was s Cat B write off, so the intent is to stop somebody else being ‘stitched up’.

[Olivergt]

I wouldn't bother with trying the Irish route, the costs involved would prohibitively expensive. You would have to pay Tax and VAT both ways on the value of the car.

As others have said, the only real option is to continue using it yourself, or break for parts. Given the amount of effort you have put in, surely the former is the correct answer?

[ashenfie]

I don't think there would be VAT on a second hand car as the VAT was paid when new. Seams a shame that the car will unusable from what has been said.

[bennno]

ashenfie said:

I don't think there would be VAT on a second hand car as the VAT was paid when new. Seams a shame that the car will unusable from what has been said.

Vat is due if you move it to another country. The car isn’t unusable, it’s simply that as a cat b it can’t be resold.

What’s the rare car OP?

[Olivergt]

ashenfie said:

I don't think there would be VAT on a second hand car as the VAT was paid when new. Seams a shame that the car will unusable from what has been said.

Unfortunately, since Brexit, VAT is due on any goods imported from the UK to Ireland. New or Secondhand. For vehicles there is an extra Vehicle Registration Tax, which would depend on the age and type of the vehicle.

Then, on going back to the UK, I believe for cars, there is a 10% import tax plus VAT again. Happy to be corrected on this one.

You would get some of the VRT back when exporting out of Ireland, but not the VAT.

[P. ONeill]

Gavin0478 said:

Can you not export it to ireland then reimport it to remove this marker?

You won’t get the V5 or permanent export form and even if you did the import charges are ridiculous.

[alun64]

Thanks for all your comments, you are correct in that I've been paid out for the car and im happy to keep it and run it, im also not looking to stitch anyone up but in the event of disposal of my estate my kids will be left with it and they will have to either keep it in their own names or sell it and distribute the money, I would like them to benefit from its true value rather than an insurance stich up the car is like new-better than new- it seems a crime to break it just for an administration purpose.

[Driver101]

alun64 said:

Thanks for all your comments, you are correct in that I've been paid out for the car and im happy to keep it and run it, im also not looking to stitch anyone up but in the event of disposal of my estate my kids will be left with it and they will have to either keep it in their own names or sell it and distribute the money, I would like them to benefit from its true value rather than an insurance stich up the car is like new-better than new- it seems a crime to break it just for an administration purpose.

What car is it?

It's not really an insurance stitch up. They've paid you for the car after writing it off. You made the decision to buy back a written off car.

The true value of a previously written off car is always less. You can't expect to be compensated by the insurance company for a total loss and then get the true value of a clean car again.

[skeeterm5]

I thought that a Cat B could only be sold to a registered breaker or that the shell/frame had to be crushed.

[randlemarcus]

Two mistakes then. Being overly emotionally attached, you bought back a Cat B write-off. Fair enough, easily done. But you then proceeded to restore a flooded car to "better than new" - did you forget about the Cat B status, or just assume that because its a pretty car, it could all be sorted out?

[GAjon]

If this is the car I suspect it is, I would convert it to a dedicated race car.

[ecsrobin]

Also interested to know what the rate car is? If it was rare surely the insurance money compensated you enough to replace with an equal model?

[wpa1975]

I struggle to see the problem, you made the decision to buy back a cat B and repair it knowing full well it could never be sold.

Guessing you now want to sell it maybe.

[alun64]

there seems to be a general mis understanding about what im asking, I don't particularly want to go into my personal circumstances, but suffice to say I need to get my affairs in order the car isn't replaceable with an equivalent, I know full well the values are less im not really concerned about that its the fact that instead of it being able to be passed on as an heirloom it will have to be broken up, bearing in mind that anywhere else in the world the cat b status means nothing at all so maybe that's the answer if its impossible to get a V5C then it will have to be disposed of abroad if they decide not to keep it