Renault Clio II - insurance and tax for selling and buying | Motoring discussion | Back Room Forum

Wed 12 Dec 2018 10:25

Renault Clio II - insurance and tax for selling and buying - Neil Reynolds

I am buying a car from my parents who still own the vehicle. I currnetly own a small car that i intend to sell.

My father intends to drive the car that i am purchasing from him to me over xmas and then drive my current car back to his so he can sell it on my behalf.

Question :

When he drives the car i intend to buy I obviously have to call my insurance company declare that i am buying a new second hand car and change my details then uninsure my current car.

This means that the current car will then be uninsured but still taxed in my name. My father wishes to drive that car back to his.

Can he purchase temporary insurance for said vehicle for say 1 to 2 days ? if so is this the best way of going about it. Also what about Tax ? it might take several days or weeks for my father to sell my car but i will have a new car. what do i do !

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Wed 12 Dec 2018 12:51

Renault Clio II - insurance and tax for selling and buying - Gibbo_Wirral

From experience, yes, you can buy day insurance for temporary cover.

But that was before the tax changes. Technically if you don't inform the DVLA and cancel your own agreement, the car is taxed.

I've known many sellers offer a car with "tax to get you home". i.e. there's tax on it but they don't notify the DVLA for a week or so.

Just remember that when you come to sell your old uninsured car that it will be uninsured and that if buyers take it for a test drive they might not be legally covered.

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Wed 12 Dec 2018 13:09

Renault Clio II - insurance and tax for selling and buying - SLO76

You can buy a temporary policy to cover it but as long as the policies you both have currently are fully comp then you should be able to drive a car owned by someone else. Verify on your policy documents first but there’s no reason why he can’t drive the new car over to you then drive the old one away under his own current insurance. You’d also be covered on the new car as long as you don’t change the ownership details until he’s completed his journey as it is still in the eyes of the law your car but he’s driving it with your permission on his policy.

Just remember that you have to SORN the old car if it’s no longer taxed or insured or you’ll get an automatic fine, even if it’s no longer on the road. This is a problem for people who want to sell their old car from the door as you can’t legally let anyone drive it while it’s on SORN.

Edited by SLO76 on 12/12/2018 at 13:13

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Wed 12 Dec 2018 15:03

Renault Clio II - insurance and tax for selling and buying - Andrew-T

Presumably a car is 'taxed' until the DVLA has been notified of a change of keepership, which takes effect at the date and time reported on the returned part of the V5. That will apply to your car and your father's, so you must decide when to make those changes. Following from that will be the need to synchronise new insurance cover, for as many days as needed.

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