Buying and Selling Vehicles in the UK
Buying a Vehicle
- Check the vehicle's history using DVLA services or a paid HPI check.
- Ensure the seller provides the V5C logbook, MOT, and service history.
- Test drive the vehicle to check its condition.
- Complete the V5C form to transfer ownership via post or online.
- Insure the vehicle before driving.
- Tax the vehicle using the V5C/2 slip or online services.
Selling a Vehicle
- Prepare the vehicle by cleaning and gathering documents (V5C, MOT, service history).
- Advertise on platforms like Autotrader or Gumtree with clear details.
- Set a fair price based on market research.
- Arrange safe viewings and ensure buyers have insurance for test drives.
- Complete the V5C form and provide the buyer with the V5C/2 slip.
- Notify DVLA of the sale via post or online.
- Cancel your insurance and apply for a road tax refund.
Private vs. Dealership Purchase
- Dealerships provide more protections under the Consumer Rights Act.
- Private sales require thorough checks as there's limited legal protection.
Key Documents
- V5C Logbook: To transfer ownership.
- MOT Certificate: For vehicles over 3 years old.
- Service History: Maintenance records.
- Insurance: Required before driving.
- Vehicle Tax: Must be paid by the new owner.