SORN a car that I've just purchased?

[clockworks]

I bought a car with a mate yesterday from a private seller. It has a couple of electrical issues. We plan to try and fix it and sell it in a couple of months. If we can't fix it, we'll break it. Something to mess around with, and we might make a few quid.
The car has a valid MOT, but it's not really drivable, so it'll sit on my driveway until we've sorted it out. It was delivered on a recovery truck last night.

Obviously I need to declare it SORN, but I've never done this before. Reading about SORN on the .gov website, I can't do it online because I don't have a V5 in my name yet. Website says I need to apply by post.
Reading the back of the V5C/2 new keeper slip, it says I can apply by post, or wait until I receive the new V5 and apply online.

Is it OK to wait until I receive the new V5, then apply online?

[graylag]

clockworks said:

I bought a car with a mate yesterday from a private seller. It has a couple of electrical issues. We plan to try and fix it and sell it in a couple of months. If we can't fix it, we'll break it. Something to mess around with, and we might make a few quid.
The car has a valid MOT, but it's not really drivable, so it'll sit on my driveway until we've sorted it out. It was delivered on a recovery truck last night.

Obviously I need to declare it SORN, but I've never done this before. Reading about SORN on the .gov website, I can't do it online because I don't have a V5 in my name yet. Website says I need to apply by post.
Reading the back of the V5C/2 new keeper slip, it says I can apply by post, or wait until I receive the new V5 and apply online.

Is it OK to wait until I receive the new V5, then apply online?

How is there a need for the question in your last line, when immediately preceding it you wrote the answer?

[clockworks]

The website says I have to do it by post, which implies that I cannot wait for the new V5 and do it online

[graylag]

Wait until you get the V5. Until you get it, then DVLA don’t have you as the RK, so can’t fine you.

It’ll take a week for you to get it (cue lots of people telling stories of how their Great Aunt Mildred was sent to Siberia for life, because she was 2.38 seconds late declaring SORN)

[clockworks]

That's actually a very good point. Thanks

[clockworks]

Just to close this:

I received an email from DVLA today to say that I had been registered as the new keeper. Included in the email was a link to SORN the car. I did this using the document reference number from the new keeper slip, and have received a confirmation email confirming SORN.

Good to know that the system works.