Buying without a v5

[TV200]

I'm looking at a bike that is being sold as a previous cosmetic write off, but which is hpi clear and has a full service history. It's a £2k saving on what appears a clear bike. The seller is a trader who has fixed the bike but is selling without a v5. What's the risk- could the bike end up being registered as a cat n between now and the new v5 arriving? I can pay part on a credit card.
Thoughts?

[ZX10R NIN]

Get the seller to apply for the a new V5 & you'll be round to buy it when it turns up, or tell him he can come & collect the money when he turns up with the V5

[TV200]

Erm, that's the thread. Buying without the v5c.

[ZX10R NIN]

Don't do it as I said get the seller to apply for the V5, when he has it go & buy it.

[Saleen836]

ZX10R NIN said:

Don't do it as I said get the seller to apply for the V5, when he has it go & buy it.

The above x10000

If the seller is genuine and knows the bike is genuine they will have no problem applying for the V5, a £2k saving due to no V5 has a lot of alarm bells ringing very loudly

[123DWA]

TV200 said:

I'm looking at a bike that is being sold as a previous cosmetic write off, but which is hpi clear and has a full service history. It's a £2k saving on what appears a clear bike. The seller is a trader who has fixed the bike but is selling without a v5. What's the risk- could the bike end up being registered as a cat n between now and the new v5 arriving? I can pay part on a credit card.
Thoughts?

Sounds like he's bought it from a salvage yard as a lot of them don't come with V5's. I'd say the £2000 saving is probably because he knows although its HPI clear it should be probably be a Cat N/S. That marker could be applied later on down the line but tbh if you're making a £2k saving I'd say that's probably fair