I've just bought a car at auction with the full intention of selling it on at a profit. I have the now very important V5 registration document, MoT certificate and it's insured in my name - I have a cover note. Aside from the insurance issues, I need to tax it, but I think I'm right in saying that if I tax it, a new V5 will be generated in my name. How do I stop this happening? Do I complete the form with the previous owner's details? Is there a different procedure for motor traders? And if I do get motor trader's insurance in the near future, how do I prove a specific car is insured?

 

i wait till ive sold it then tax it for the punter if the deal requires it, then register it in his name.

or get the tax say you never had a logbook, and then you can sell it with the old one, although soon you wont be able to do that :-(

 

I knew a trader who used the same post office for years,
and they were very friendly towards him!
Your best bet is to check out all of your local post offices in your area to see if you know anyone who works there, who will then be a bit careless when checking your documents (if you know what I mean)

 

taxing cars gets a lot harder from feb 1st


most dealers don't tax them till they sell them

 

i register and tax in the new owners name ..but if you are a private guy if you sell the car quick then i would not bother .........ps watch your insurance even if it says you are coverd on your policy you prob wont be .......chris

 

tax it when you sell it only way really!?