New road tax system and it's affect on traders
Discussion
I've been reading up on these changes. From my understanding, if you're a trader you can no longer tax a car unless your name is on the V5 as the owner. If you want to use a car that's in your stock, you need to register it in your name so it can be taxed. If you then sell it a week later you've lost a month of tax (as you can't sell it with the car) and you've added an owner onto the logbook which devalues the vehicle, plus the time waiting for the new log book to arrive so you can sell it. That's not practical.
If you have trade plates, they don't cover anything other than business related use.
I know a lot of jobs in car sales have the use of a car as part of their package, these are usually whatever is on the forecourt being sold. That's all going to come to an end now isn't it?
If you have trade plates, they don't cover anything other than business related use.
I know a lot of jobs in car sales have the use of a car as part of their package, these are usually whatever is on the forecourt being sold. That's all going to come to an end now isn't it?
That was the case before dealers never kept cars taxed on the forecourt and trade plates only cover for business use which hasn't changed. Only thing they cant do is tax a car for a buyer.
Very few dealers use cars in the shop to go about there daily business outside of work.
But do we really need another tax question.
Very few dealers use cars in the shop to go about there daily business outside of work.
But do we really need another tax question.
You're talking rubbish. Loads of dealers had taxed cars on their forecourt. Loads of dealers also use cars that they are retailing as run abouts. Plenty advertise the use of a car as part of a package when advertising a sales job so it's common practice.
I'm interested to know what the fallout will be.
I'm interested to know what the fallout will be.
MG CHRIS said:
That was the case before dealers never kept cars taxed on the forecourt and trade plates only cover for business use which hasn't changed. Only thing they cant do is tax a car for a buyer.
Very few dealers use cars in the shop to go about there daily business outside of work.
But do we really need another tax question.
Is that correct that a dealer cannot tax a car for a buyer ?Very few dealers use cars in the shop to go about there daily business outside of work.
But do we really need another tax question.
I have just agreed to buy a car from a dealer and the agreement is 12 months MOT and 6 months tax when I pick it up, the dealer has asked me to get a copy of the insurance certificate to him so he can tax it. Is he forgetting about the change in law or can he do this ?
Corpulent Tosser said:
Is that correct that a dealer cannot tax a car for a buyer ?
I have just agreed to buy a car from a dealer and the agreement is 12 months MOT and 6 months tax when I pick it up, the dealer has asked me to get a copy of the insurance certificate to him so he can tax it. Is he forgetting about the change in law or can he do this ?
Yeh, he can do it easily. He just taxes it online by hitting the "new keeper" button and putting your details in when he sends the V5C off.I have just agreed to buy a car from a dealer and the agreement is 12 months MOT and 6 months tax when I pick it up, the dealer has asked me to get a copy of the insurance certificate to him so he can tax it. Is he forgetting about the change in law or can he do this ?
Corpulent Tosser said:
Is that correct that a dealer cannot tax a car for a buyer ?
I have just agreed to buy a car from a dealer and the agreement is 12 months MOT and 6 months tax when I pick it up, the dealer has asked me to get a copy of the insurance certificate to him so he can tax it. Is he forgetting about the change in law or can he do this ?
Actually I picked up my new car yesterday (used) from a main dealer they put on 12 months VED incl within the purchase priceI have just agreed to buy a car from a dealer and the agreement is 12 months MOT and 6 months tax when I pick it up, the dealer has asked me to get a copy of the insurance certificate to him so he can tax it. Is he forgetting about the change in law or can he do this ?
The new system has not so far been helpful to the trade from what I can see.
Traders had to send off any unexpired discs along with the full V5's into their name before Oct 1st or face loosing the value of the disc completely. The alternative was leaving the tax with the car until sale - whenever that may be - at which point it will generate a refund to the last recorded keeper.
Another one is the £20 / £30 a year tax cars - these have no refund value so even 11 months tax remaining is lost altogether at a keeper change and the new keeper has to buy new tax before using the car. It might not be a lot of money - but it hardly seems fair ?
Traders had to send off any unexpired discs along with the full V5's into their name before Oct 1st or face loosing the value of the disc completely. The alternative was leaving the tax with the car until sale - whenever that may be - at which point it will generate a refund to the last recorded keeper.
Another one is the £20 / £30 a year tax cars - these have no refund value so even 11 months tax remaining is lost altogether at a keeper change and the new keeper has to buy new tax before using the car. It might not be a lot of money - but it hardly seems fair ?
I bought a new car at the end of last week. It was an Ex-demo so already had tax. They would not tax it and said the tax on it had to be returned.
I used the slip off the V5 and the salesman's computer to Tax it before I left. Only £20 but confusing. They could have taxed it for me but only via the on-line system and by using my name and address.
It obviously only works if the car is insured 1st !
In general very confusing and non-user friends, I get the idea you can't purchase a car without paying for tax and insurance, but with no visible record it just doesn't feel right.
I used the slip off the V5 and the salesman's computer to Tax it before I left. Only £20 but confusing. They could have taxed it for me but only via the on-line system and by using my name and address.
It obviously only works if the car is insured 1st !
In general very confusing and non-user friends, I get the idea you can't purchase a car without paying for tax and insurance, but with no visible record it just doesn't feel right.
MG CHRIS said:
That was the case before dealers never kept cars taxed on the forecourt and trade plates only cover for business use which hasn't changed. Only thing they cant do is tax a car for a buyer.
Very few dealers use cars in the shop to go about there daily business outside of work.
But do we really need another tax question.
Dealerships that advertise a car as part of a package for a salesman don't use random used cars off the forecourt to satisfy this - the sales staff run demonstrator vehicles that are registered in the dealerships name and later sold as approved used cars.Very few dealers use cars in the shop to go about there daily business outside of work.
But do we really need another tax question.
So most big dealership staff with a company car will be a demonstrator which is sold in about 6 months. There are other dealer groups who will have genuine company cars rather than a demo on a 12/18 month lease which are then just sold as used cars.
Now for the smaller traders who use cars off the forecourt as part of their "company car" package shouldn't be doing that anyway. If anything, this new taxing system adds as a deterrent. When someone comes to buy that car and it says "1 Registered keeper" to a private buyer, but has actually been used as a company car for sometime with no history of that is wrong.
There was a thread some time back of a trader who had a Ferrari taken is as a part exchange, ran it for 6 months before selling it with that 6 months of ownership unaccounted for.
Now for the smaller traders who use cars off the forecourt as part of their "company car" package shouldn't be doing that anyway. If anything, this new taxing system adds as a deterrent. When someone comes to buy that car and it says "1 Registered keeper" to a private buyer, but has actually been used as a company car for sometime with no history of that is wrong.
There was a thread some time back of a trader who had a Ferrari taken is as a part exchange, ran it for 6 months before selling it with that 6 months of ownership unaccounted for.
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