Car insurance/ tax when selling privately

Tellystar · 07/09/16 - 20:37

If I sell my car and tell the insurance company to cancel the insurance from midnight Saturday night, so that the new owners insurance starts from midnight Sunday morning, how can he do the tax to run from midnight Sunday
Could the tax be done Sunday morning, meaning it is untaxed from midnight
I want to avoid overlapping of the tax and insurance

Nigel Goodwin · 07/09/16 - 20:56

Tellystar wrote: »

If I sell my car and tell the insurance company to cancel the insurance from midnight Saturday night, so that the new owners insurance starts from midnight Sunday morning, how can he do the tax to run from midnight Sunday
Could the tax be done Sunday morning, meaning it is untaxed from midnight
I want to avoid overlapping of the tax and insurance

As you do tax on-line now, you can presumably do it any time of night or day.

Jimmy Connors · 07/09/16 - 20:57

I think the road tax will start from the beginning of the month regardless. You will also not receive a refund for the month that has already started. It will overlap.

It will start from the 1st of the (current) month - not midnight Sunday.

chrisjr · 07/09/16 - 21:03

Regardless surely once the necessary bits have been done, is it not up to the new owner to ensure they are fully legal to drive the car away?

Tellystar · 07/09/16 - 21:41

The new owner is a relative, so I'll probably be doing it online!

Maxatoria · 07/09/16 - 23:15

Pretty sure theres a buffer, its going to be hard to sell a car and have two people sat with fingers on the button at the exact same moment. Just make sure the cars off the road as sod's law will generally strike when for the first time in 35 years pc plod will visit your street.

Tellystar · 07/09/16 - 23:29

Maxatoria wrote: »

Pretty sure theres a buffer, its going to be hard to sell a car and have two people sat with fingers on the button at the exact same moment. Just make sure the cars off the road as sod's law will generally strike when for the first time in 35 years pc plod will visit your street.

I would hope there is a buffer
Never done this before so don't want to fall foul of regulations

davidmcn · 07/09/16 - 23:29

Tellystar wrote: »

I want to avoid overlapping of the tax and insurance

Why? You're only going to get a tax refund for full months anyway.

Jimmy Connors · 08/09/16 - 03:06

Tellystar wrote: »

I would hope there is a buffer
Never done this before so don't want to fall foul of regulations

As I have already said you will not be able to start it on a day of your choice apart from the 1st of the month. You could do it on the 1st of the month as a lot of people do.

If (for example) you buy your road tax tomorrow morning it will start from the 1st September. Likewise you will not receive a refund for September on your old car's VED.

emptybox · 08/09/16 - 13:09

You don't have to worry about insurances syncing up either.
The new owner can insure the car from when they take possession, it doesn't have to co-incide exactly with your policy being cancelled.

Croctacus · 08/09/16 - 13:42

Thanks to this thread we taxed my 17 year olds newly purchased car this morning when his logbook came. Couldn't do it online last night without the logbook. None of us in this house knew anything about the tax not transferring over with the car which he only bought last week.

So, thanks.

emptybox · 08/09/16 - 15:00

Croctacus wrote: »

Thanks to this thread we taxed my 17 year olds newly purchased car this morning when his logbook came. Couldn't do it online last night without the logbook. None of us in this house knew anything about the tax not transferring over with the car which he only bought last week.

So, thanks.

You could have taxed it online using the new keeper slip (V5C2), or was that not available?

Croctacus · 08/09/16 - 15:03

emptybox wrote: »

You could have taxed it online using the new keeper slip (V5C2), or was that not available?

I tried but it kept saying it was invalid, probably because the old owner had done his bit online. Once that was done we had no option to wait for the logbook.

Tellystar · 08/09/16 - 17:00

Croctacus wrote: »

I tried but it kept saying it was invalid, probably because the old owner had done his bit online. Once that was done we had no option to wait for the logbook.

I don't understand what went wrong there,
so should I ell the DVLA first, so that my husbands tax is automatically cancelled then my son can tax it in his name
, or should my son tax it first?

Croctacus · 08/09/16 - 17:06

I'd get your son to tax it first using the number on the v5c/2. Thats what we didnt do. Once the DVLA were told and the old cancelled the 12 digit number you have to quote no longer applied. Once they process the change of owber that number is invalid and you can only do it online with the 11 digit number from the new logbook...at least thats how it worked for us. Thankfully, the logbook came through quickly.

Tellystar · 08/09/16 - 17:23

Croctacus wrote: »

I'd get your son to tax it first using the number on the v5c/2. Thats what we didnt do. Once the DVLA were told and the old cancelled the 12 digit number you have to quote no longer applied. Once they process the change of owber that number is invalid and you can only do it online with the 11 digit number from the new logbook...at least thats how it worked for us. Thankfully, the logbook came through quickly.

Thanks
I bet a lot of people didn't realise that
I didn't see any mention of a possible problem like yours when I researched online
is the online process of tellingDVLA you've sold the car 24/7?

Croctacus · 08/09/16 - 18:09

I think so...we were the buyer so not 100% on that.

Tellystar · 11/09/16 - 09:58

Went onto DVLA website today to do the change of ownership thing
Guess what- the site was down for maintenance till Monday ! Frustrating!
Managed to do tax for new keeper, though

Hey there!

Quick Links

Car insurance/ tax when selling privately

Comments