Car sold next week, insurance policy runs out in 2 days...

[JLammy]

I'm just looking for some advice on what to do in regards to my insurance.

Basically my car has been provisionally sold (Deposit taken), and it should be collected latest by the end of next week due to having to wait to take off the private registration. But the problem is, is that my insurance runs out on 6th April - 2 days time.

I know that you need to have insurance on your car as long as it's on the road and has road tax, so I'm just looking for suggestions on how I can get around this? I essentially only need 1 week of insurance before the new owner comes and collects the car.

I've looked up on temporary insurance, but I read somewhere the car would also need to have an annual insurance policy on it anyway... Is this true?

I thought about taking out a renewal with Elephant/Admiral, but their cancellation fee is around £50.

Any suggestions on what I can do?

[marshalla]

If you don't need to use the car, and have somewhere to keep it off the road, just declare it SORN. New owner will need to sort out tax & insurance when it becomes his/hers.


(or just park it off the road. It's unlikely DVLA will notice the lack of insurance for a few days/weeks and by then it's become someone else's problem).

Edited by marshalla on Thursday 4th April 16:55

[trickywoo]

Explain your situation to your current insurers they may allow your policy to run on the extra few days for a nominal fee.

[trickywoo]

marshalla said:

If you don't need to use the car, and have somewhere to keep it off the road, just declare it SORN. New owner will need to sort out tax & insurance when it becomes his/hers.

If he can keep it off road they aren't likely to ping him for tax and no insurance over a few days. Just keep it taxed to save hassle for the new owner.

[MPWRS62]

Get the new owner to insure it, then leave it parked up for him to collect.

[sparkythecat]

Have a word with your insurer. When Mrs S bought a new car recently, her insurers allowed her to keep her old car on the policy as an additional vehicle - free for 14 days. If she'd not sold it after that, then they would have let let her keep it on for another month, for about £50

[JLammy]

marshalla said:

If you don't need to use the car, and have somewhere to keep it off the road, just declare it SORN. New owner will need to sort out tax & insurance when it becomes his/hers.

trickywoo said:

Explain your situation to your current insurers they may allow your policy to run on the extra few days for a nominal fee.

Thanks for the quick reply Marshalla and Trickywoo. But unfortunately I don't have anywhere to keep it off the road.

sparkythecat said:

Have a word with your insurer. When Mrs S bought a new car recently, her insurers allowed her to keep her old car on the policy as an additional vehicle - free for 14 days. If she'd not sold it after that, then they would have let let her keep it on for another month, for about £50

Already spoken to my current insurer and they said they can't do anything about it other than taking out a renewal (£845 in one go) and then cancelling after the car is sold. But cancellation is subjected to a cancellation fee.

Edited by JLammy on Thursday 4th April 16:59

[Greengecko]

Stick a few days of day insurance on it?

[anonymous-user]

I was in same boat recently and found that if I paid monthly I could cancel, just losing that months fee..

[JLammy]

Greengecko said:

Stick a few days of day insurance on it?

I did look into temp insurance, but I read that the car also needs an annual policy live on it anyway?

Jimboka said:

I was in same boat recently and found that if I paid monthly I could cancel, just losing that months fee..

Unfortunately the only companies I can only insure my Boxster for a decent price is with Admiral and Elephant - Their monthly fees are stupid though... Paying monthly with them means almost putting the insurance price from £845 to £1700...

[mat777]

Temp cover it?

[wombat172a]

JLammy said:

Unfortunately the only companies I can only insure my Boxster for a decent price is with Admiral and Elephant - Their monthly fees are stupid though... Paying monthly with them means almost putting the insurance price from £845 to £1700...

I'd be tempted to try someone like Ann Manning, they're specialise in Porsche and Classics. They might be able to come up with some advice.

[Andy_sx]

Try those day insure websites... possibly not all that cheap, but may well do the trick for the time period needed. Shop around as like everything else thee are cheaper ones about

[Simond S]

stick in local pub car park. have a beer with landlord and walk home.

[Wills2]

I had the same issue, but it was around 5 weeks, I renewed for the full year (paying monthly) then when the car went I cancelled the policy and was horrified to find out they wanted £250 for cancelling (I didn't read the small print), I pleaded my case and they waved the fee.

They did say that had I called them and explained at the start that they would have arranged cover for the period pro rata anyway that was Porsche insurance services underwritten by Aviva.

Do not risk the car being uninsured as others have suggested as sods law dictates the worst will happen.

[Camaro]

It's highly unlikely the DivvyLA will ping it, in reality they should be doing more important things like sorting their fking admin out... But anyway, if you have no where off street, why not just take the plates off. Stops it getting pinged, but may draw more attention to it.

I personally would be asking the new owner to insure it.

[blugnu]

Do you have another car that is insured? Just add the Boxster as a temporary vehicle on that - I did it recently when I bought a new car but needed the old one to collect it. Was £35 a week IIRC through Chris Knott.

[Amateurish]

Take out a new policy. You can cancel within 14 days free of charge - distance selling regs.

[danjama]

The dvla will not even notice. They didn't when mine expired recently. Just make sure not to drive it.

[Camaro]

Amateurish said:

Take out a new policy. You can cancel within 14 days free of charge - distance selling regs.

You can cancel without losing any of the premium, but I don't think that stops them charging an admin fee for all of that hard work they did, pressing some keys on a keyboard. Sickening how much admin fees cost!