Hello all, I'm new here and was hoping for a bit of assistance.
I want to go and bid on a car at auction on Friday.
The car is for my wife and needs to be registered in her name, so I was wondering how I would go about dealing with the V5 if I buy the car.
Is there a way I can buy the car and drive it away without her being present? The BCA website indicates not, but I would rather she didn't have to take the day off work just for the sake of a signature.
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im baffled by this question to be honest
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How so?
BCA state that it's a part of the buying process:
www.british-car-auctions.co.uk/Default.aspx?page=6...6
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i dont read that wife has to be present there
it just says they need information of new keeper
can you not nick her pension book for the day and her old teeth for the dna sample bca seem to need
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No, I could forge her signature, but it's not likely to be very good.
Won't the DVLA check it?
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against what?
if thats all you need to do is sign the left hand portion of the v5 as new keeper then just put pp at the side sign it and date it
the dvla accept this
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I was thinking of that section of the V5, and have heard that BCA require ID etc before handing over the V5 to a private buyer.
If I can pp the V5 then that's fine
I suppose the best thing to do is give BCA a ring, which I'll do tomorrow.
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ring them by all means to be sure but at the end of the day they want your money,they might be a bit snooty (my opinion) but monies money and the final bid always produces more money for them than the lower bid
i sent 3 pp log books off today dvla do accept this as of this time
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They require proof of ID. All auctions do.
Think about it.....buy car at 11.00am...sign V5 as A.N. Other....car used as getaway car at 4.00pm..................
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Or if all else fails, why not put it in your own name and change to wife later on if needbe?
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The V5 is the registered keeper anyway, not the registered owner.
I don't know, but as long as they have proof of the ID of the person who is paying for the car, will they care whose name goes on the V5?
As for checking the sig, surely no-one ever checks them on anything unless there's an issue at a later date.
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The V5 is the registered keeper anyway, not the registered owner. ... , will they care whose name goes on the V5? >>
Problem arises then, when you try to find an insurance company that does NOT insist that the policyholder must also be the registered keeper [afaik, Insurers do not ask who the legal owner is].
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Problem arises then when you try to find an insurance company that does NOT insist that the policyholder must also be the registered keeper [afaik Insurers do not ask who the legal owner is].
So how do people who lease cars get on?
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So how do people who lease cars get on? >>
A quick search on Google produced this pre-requisites by a few popular insurance companies that advertise regularly on the Telly:
"proposer must own, be main user, and registered keeper of the vehicle "
or
"Proposer must be owner, main user and registered keeper of the vehicle"
One also states:
"There may be a reason for the owner and registered keeper to be different people. For example if you drive a leased car then the car is owned by the lease company but you will be the registered keeper."
Anyway, back to the topic, as a Moderator might tell me off otherwise.
Edited by jbif on 02/04/2009 at 00:56
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I could maybe register the car in my name, add it as a temporary car on my policy and then transfer it at a later date.
Seems a bit convoluted, but It may have to do.
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If you register it in your name and transfer to her then you will have an extra owner.
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Take both passports, bank statements for each of you (or a jt account, better still), and reg it in her name. Can't see they'd have a problem with that if that can ID the fact that she really is yr spouse and lives at the same address. Get her on the phone while you are doing the paperwork so she can speak to the sales clerk and confirm it.
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Perhaps you could let us know how you got on at auction today. For anyone not in the trade, buying at auction can be a duanting process, and there is always the problem of driving away an untaxed vehicle, with the added complication of not being the new keeper as you mention above.
If I might be allowed a little "plug" on this forum, I have buying accounts with both BCA and Manheim and I offer an "escort to auction service". Typically I would arrange to meet up with the customer at auction, I would explain how the process works and be on hand to give a careful look over the customers prospective car. At the bidding stage I would try to secure the car, within budget of course, and pay for it on my account thus avoiding the private fees. I would then drive the car on my trade plates to the customers address or by prior arrangement prepare the car myself and deliver at a later date. I could tax it if necessary on behalf of the customer (some cars at auction now have the tax left on them since the change in the rules from January). My fees for a day at auction are usually the balance between the private and trade fees.
So it can be an interesting experience with some with some of the hassle and worry taken out.
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One other point I forgot to mention, BCA levy a charge to private buyers to process the log book, I think in the order of £25 and you only get the green slip, whereas a trader will get the full log book and no fee.
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hi sunbeamer,
I can't find any way to contact you on here about this "escort to auction" that you offer. I'd be interested, I'm an auction veteran in my own industry but haven't been to motor auctions before as I thought it was too risky and I'm really not an expert on cars.
Cheers
Simon
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Simon, I've emailed him for you.
DD.
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