V5C from business to business ?

[KMPE 0]

Hi all, 

My Son has recently started his own business, he is modifying road going cars for race/rally use to customer requirements but for the first time is stumped, he bought a car from another trader and is not sure as to what to do with the V5C how it should be filled out etc, its equally not clear on the GOV.UK website...

 

[It's me 615]

if its already in trade then he has 3 months from invoice date to keep it in trade himself

after 3 months he registers it to dvla ( its the laur)

or

sells it to another in house trading name to start the ball roll again :-o

[Contracts 68]

I might be missing something here but if the car is registered to the trader your son just needs to transfer the car to trade in his name.  

If you mean the car has already been transferred to trade by the trader he does not need to do any more but if this was once of our trade cars we sold on again we have a standard declaration that we make the second trader sign to show they are liable for the vehicle record from that point onwards.

Best practice would then be to register the car to the end buyer once sold and get them to declare SORN if it is not going to be used on the road.