private plates

[jayrussell17 0]

Hey guys

 

having never got involved in private plates, have a customer wanting to bring his chop in with private plate and drive off with his private plate on the same day, not done it since it was online is this do able or retention only till both log books are in his name?

 

Any help much appreciated

[EPV 631]

 

[Dealer 54]

1 hour ago, jayrussell17 said:

Hey guys

 

having never got involved in private plates, have a customer wanting to bring his chop in with private plate and drive off with his private plate on the same day, not done it since it was online is this do able or retention only till both log books are in his name?

 

Any help much appreciated

Must register the car to him first, also tax it. Cant put plate on without a keeper or road tax. 

[whitestone679231 113]

Retain online then when he gets V5 for his new car in his name he can put plate on it online, he certainly won’t be doing it all in same day.... unless anyone knows differently 

[Row 71]

As above, done a few now.

[Nick M.K. 574]

Jay, when he comes to do the deal 

1) Help him retain his private plate online. Takes 2 minutes, costs £80, he pays it and he will automatically receive a new V5 with the age related reg for his part exchange.

2) Keep the V5 of the part ex (now obsolete) BUT also charge him £100-£150 refundable deposit to ensure he sends you back the new V5 for the part ex. This will take 3-5 days. 

3) On the day of the handover tell the DVLA (also online) that he is the new keeper of the car you are selling him and at the same time tax it, he pays it. 

4) He will receive both V5s. He sends you the one for the part ex, you refund his deposit. He uses the new V5 to assign the private plate online to the newer car. He can then display his private plate and again in 3-5 days he will receive yet another V5 :-)

This is the fastest way of doing it with a used vehicle.