How to sell your car privately money advice service. Hi i bought a car about two months ago and have still not recieved the log book in order to tax the car. If you have requested a certificate of destruction cod, it should arrive within 48 working hours. Digitisation is sweeping across the motoring world. Tell dvla youve sold, transferred or bought a vehicle gov. What information do i need to provide to the dvla if i sell my car. Dec 30, 2019 what to do with your log book when selling your car. Simply create the ad online to reach millions of serious shoppers on autotrader and. And details can be checked directly from the dvla database.
Its always vital to tell the dvla as soon as you sell your car. Its all too common, and the threat of fines from the dvla over all manner of. By law, you do not need to have your v5c registration certificate log book for the vehicle you are looking to scrap. It gives the car details, number plate, chassis number, make and model, year of first registration, and most importantly the name and address of the current owner. You must tell dvla youve sold the vehicle and give them the full name and address of the buyer. You can sell or scrap your car even if you dont have the v5c. People will see how well you took care of it, making it an easy sale.
It means seller no longer have to post their v5c document back to the dvla after selling their car. For sellers, this helps determine whether you have sold the car to a motor trader or private individual. After all, the vehicle logbook is a record of the registered keeper, not proof of ownership. If youre selling your car, the more paperwork you have with it, the better so here are a few of the things youll need. When selling a vehicle youll need to fill in the v5c2 form in the v5c logbook then tear it out and hand the slip to the new owner.
This is done in one of two ways and depends on whether the vehicle was first registered before or after january 1993. Make sure you sign it and fill in sections 1 and 2. Finally, you should receive an updated v5c log book in the post within a few weeks, whether the process was completed online or by post. If you sell your vehicle or trade it in for a new model, you must register the change of ownership. V5 yellow slip general dealer chat car dealer forum. Get a replacement log book v5c if the original has been lost, stolen, damaged or destroyed, or you have not received one for your new vehicle. So youre looking to sell your car but theres a stumbling block. When it comes to buying or selling a car, one of the most important parts of the transaction is the log book. The v5c, also known as the registration document or log book and commonly shortened to v5, is the document that legally registers and proves ownership of a vehicle. Any potential suitors will want to check it over before making a decision on whether to buy. There are laws in place to stop elvs from creating an environmental hazzard. Get the most money for your car when you sell privately. How to recover a cars missing service history green flag.
When selling a vehicle youll need to fill in the v5c2 form in the v5c logbook then tear it. If you sell your vehicle you must tell dvla straight away using the v5c registration certificate. You should then receive your your new log book within 14 days. I am selling a vintage unused the motorist log phillips panda bike as seen in photos. Now, if you have a car and you have just lost the car log book it is fairly simple to get a replacement. Car salesman book and guide the car salesman and selling. When you do this, you must be careful about whose name remains on the title. Alternatively you could get a new log book yourself prior to selling. Motor vehicle log book is used to record vehicles taken in trade and sold at a dealership.
He explained to scrap it, hed need the full log book. This must be torn out and handed to the new keeper as their record of the transfer of ownership. Both options need details from your v5c log book, and if youve lost it or need more info, weve compiled the ultimate guide to the v5c here. They are not called log books in south africa, only in the uk. When you sell your car, the only paperwork youre required to fill in is the small v5c2 slip on of the v5c logbook thats the new keepers details. This proves you are the registered keeper of the vehicle and in a position to sell it. Now i want to sell the car and tax is due on 1apr 30 days from nowcan i sell the car to a private seller or a trader with my old address on the v5 document as long as i do the transaction before the tax expires. Every car needs to have the following documents up to date to start the buy sell process. Itll be able to access the cars service history and produce copies upon proof that you are the vehicle owner or registered keeper.
Buying a car with no v5 general dealer chat car dealer forum. The process you need to follow will be slightly different if youre selling your car privately or otherwise. You then tell the dvla youve sold the vehicle and give them the full name and address of the buyer. Buying a car with no v5 general dealer chat car dealer. However, its much simpler to scrap your car if youve managed to retain it. You cannot use this service if youve already sent your log book v5c by post. Give the new owner the cars handbook, the keys including any duplicate sets, the service logbook plus any receipts you have, and the mot certificate if the car is over three years old.
You need to get a new registration certificate for the car before you sell it. In order to complete the transfer of ownership online, you will need the 11digit reference number from the vehicles v5c registration document also known as the logbook. Tell dvla youve sold, transferred or bought a vehicle. Get cash offers from dealers, schedule inperson appraisals, get black book value estimates and place free ads today. When it comes to buying or selling a car, one of the most important parts of the transaction is the log book this document, officially called the v5c registration certificate, is issued by the dvla to the person responsible for the vehicle. Instant cash offer kelley blue book new and used car. Log book vintage cars for sale in uk view 54 bargains. If youre selling a car, its good practice to ensure you have the v5c for the vehicle and that its intact and undamaged. If you leave digging out the v5c until a potential buyer is ready. To get a new v5c in this instance, youll have to apply by post by sending off a v62 and the v5c2 thats the green new keeper slip. You must tax a vehicle youve bought before you drive it, or declare it off the road a sorn. This is all the information the buyer will need to apply for a new log book using a v62.
Its a real offer based on trusted blue book values at participating dealers. On collection, we will complete section 9 of the v5c and you need to send this to dvla. When youre selling a car, you can let potential buyers check the details match the vehicle. What should you do if you want to sell your car but youve lost the log book. When you sell your car, the only paperwork youre required to fill in is the small v5c2 slip on of the v5c logbook thats the new keepers. Registering a new vehicle owner online has a number of added benefits. Failure to supply this code will result in the change of ownership being rejected by either your motor tax office or the driver and vehicle computer services division. He said if he decided to fix it, hed tax it at the end of the month and send off the logbook to transfer.
Oct 28, 2015 you should then receive your your new log book within 14 days. If you have mislaid a cars log book and any accompanying invoices, yet you know the car was serviced by dealers that are franchised by the manufacturer, all you have to do is contact your local showroom. It has already pushed the windscreen tax disc and the paper part of our driving licence out of existence much to the dismay of many drivers. It could also cause him a delay in selling your car on. You can apply by post by filling in a v62 form, or over the phone if none of your details have changed. The tax is not transferred to you when you buy the vehicle. Jun 10, 2009 he explained that he wasnt sure what he would do with it, but would look at it properly and see if it was worth fixing or if he should scrap it. You will also need the new owners details including their name and address. Bought a car with no log book moneysavingexpert forum. Replacing a lost, stolen, damaged or destroyed v5c will set you back.
When selling without a v5, youll need to provide a bill of sale which includes all info for the new buyer to apply for a new logbook. You can log gas mileage and any service you have on your car. I dont believe this problem will worry an experienced car dealer too much. When the new owner tries to register the car in his. If its staying in the uk then give them the green new keeper slip from the log book. When trader sells car he gets new owner to fill out v5 and posts it off or now can be done online. At the same time, the seller should give the buyer the new keepers details slip, known as v5c2 part of the log book.
Selling privately should get you more cash, assuming you can find a buyer, but wont be as convenient. I moved to a new flat couple of weeks ago and didnt change the address on my cars v5 registration document yet. If youre selling with a full service history, buyers also like to receive old mot certificates and other maintenance receipts. Yes, you can add a personalised plate on a car you lease, though there are a few more steps. Dear fellow car salespeople, if you are interested in learning everything you need to know about making big money as a car salesperson, then this is going to be the most important information youll ever read. So have you decided to scrap your car, only to have turned the house upside down looking for the v5c logbook and come up short.
Here we explain what you must do with our v5c when you sell your car. The log book of the car that will have the private plate. There are laws in place to stop elvs from creating an environmental hazzard, and to promote recycling. Mar 30, 2017 finally, you should receive an updated v5c log book in the post within a few weeks, whether the process was completed online or by post. Oct 15, 2018 the v5c which can also be known as the log book or by its old name, v5 is a vital piece of paperwork that is often forgotten about in the back of a drawer until it comes time to sell your car on.
The v5c log book is one of the last paper bastions in an increasingly digitised motoring world. If you want to know the truth about the car business, you would do well to pick up this great little tome. Tell dvla youve sold your vehicle or transferred it to a new registered keeper. Its this persons duty to ensure the car is registered, taxed and insured. When selling a vehicle to a motor dealer in either transaction, a valid garage code must be supplied on behalf of the motor dealer.
If i paid for a car but its in someone elses name, do i have the rig people sometimes dont have the money to buy a car on their own. To get a replacement log book just follow the below steps. You register a change of ownership at your local motor taxation office if your vehicle was first registered before 1 january 1993. If your name and current address isnt on the v5c, its unlikely anyone will. The v5c which can also be known as the log book or by its old name, v5 is a vital piece of paperwork that is often forgotten about in the back of a drawer until it comes time to sell your car on. This document, officially called the v5c registration certificate, is issued by the dvla to the person responsible for the vehicle. In this instance, you may buy a car for someone as a gift or purchase the vehicle for them under a loan agreement. The easiest way to sell your car is to trade it in when you buy a new one or to sell it to a car buying service but this will give you the lowest price.
Simply create the ad online to reach millions of serious shoppers on autotrader and kelley blue book. How to keep your number plate when you sell your car. It will ask for the 11digit reference number from the vehicle log book, called the v5c. Obtaining a new v5c is relatively easy, simply apply to the dvla by phone or send a completed v62 form downloadable here. The kelley blue book instant cash offer is a dependable, free way to trade in or sell your car today. If you are planning on selling your car, but youve realised you dont. Get used car values from black book with our car pricing guide and compare black book to kbb and nadaguides, two other popular valuation sources. This part describes the requirements associated with the two primary ways lenders transact business with fannie mae. I have had to insure the car for obvious reasons and the car has been stuck on the drive for the last seven weeks so i have lost nearly two months insurance, and extra travelling costs. The dvla and selling your car complete guide 2020 update. Ideally there shouldnt be a problem i believe but still. There are certain things you will need to have in order when it comes to selling your car, especially the documents regarding your car. Registered keeper and trader both sign yellow slip and registered keeper sends it off to dvla. The v5c which can also be known as the log book or by its old name, v5 is a vital piece of paperwork that is often forgotten about in the back of a drawer until it comes time to sell your car.
I completed my sections but couldnt take the little slip im supposed to keep as he said the scrapyard would only accept a full log book. The v5c logbook is the most important document to have when youre selling your car. Home scrap my car car scrapping guidance can i scrap my car without a v5c log book. How to transfer ownership of your vehicle guide corner. Instant cash offer is a real offer for a specific amount to purchase a consumers car or apply the amount toward another car.
Though the paper logbook we all know remains virtually unchanged, theres now a service that allows a seller to notify the dvla of a vehicle sale online, avoiding. Black book provides the wholesale or auction value of your car, which is the amount a dealer might pay for it. A great car sales book and the secrets i use to make over 100k a year selling cars this should be required reading for every car salesperson. You still need the paper logbook when selling a car. A fixed offer applied toward your next car purchase or used to sell your current car to a participating dealer pending inspection valid for 3 days. He might make a slight allowance on the partexchange price youve been offered to take account of the cost of obtaining a new document, which he will need to do. Bought a car with log book loan attached to it page 1. How to sell a car tips for quick sale and best price aa. How to sell a car without a v5c logbook 2020 update. The car is not on finance, the owner has used the car to take out a loan with one of these log book loan companys, there is a lot of info on these guys online, they seem to be similar to clampers. An endoflife vehicle is a car or light vehicle that is ready to go to the scrapyard.
Data black book acquires their pricing data from wholesale auctions, and retail. The form you need to get and fill in is called an rf4. The best advice ive gotten in the car business was to read this book. Trans 8 provides for dealers to keep vehicle information electronically provided it can be output in the same format as the motor vehicle log book. What you do with your log book depends on where the buyer is taking or registering the vehicle. The changes to the v5c the log book document which determines the registered keeper of a vehicle now include an online element to selling on your car, either to private buyers or trade. Aug 10, 2014 on collection, we will complete section 9 of the v5c and you need to send this to dvla. Get the car salesman book and guide who else wants to earn sixfigures a year selling cars. When you sell your car, youll need the v5c to be transferred to the new owner, or they wont be able to register for vehicle tax. Mar 23, 2020 if youre selling a car, its good practice to ensure you have the v5c for the vehicle and that its intact and undamaged.