October 8, 2015, 9:29 am
There are certain things you will need to have in order when it comes to selling your car, especially the documents regarding your car. But what happens if you lose your V5C? Can you still sell your car without it?
In short, yes it is possible to sell a vehicle without the V5C logbook. However, it is much more difficult. Most individual buyers will be highly put off by any car that doesn’t come with these documents as it could be stolen, written off or otherwise illegal.
It is important to note that there are legitimate reasons as to why there isn’t a V5C present at sale. Always make sure that the buyer is aware of why this document isn’t there, failure to do this could result in conflicts and even potential legal action.
You will also need to notify the DVLA of the change of ownership, if you don’t do this then you will remain liable for anything that happens to the car.
A bill of sale is extremely important in this situation as this will include all the information you need to know when it comes to registering yourself as the owner. Your bill of sale should include:
This is all the information the buyer will need to apply for a new log book using a V62. Alternatively you could get a new log book yourself prior to selling.
Obtaining a new V5C is relatively easy, simply apply to the DVLA by phone or send a completed V62 form (downloadable here).
You will only be able to apply by phone provided that you are the registered keeper on the original registration certificate.
There is a £25 fee to replace the V5C, this can be paid by debit or credit card over the phone or by cheque if you’re applying by post.
Expect the replacement certificate within 5 working days if you apply over the phone, although this can take up to 6 weeks if you apply by post.
This is something that you are likely to have to do if selling privately, although if you are selling to a car buying service they are likely to take care of this on your behalf.
At Cashpoint4Cars we’re happy to buy cars without a V5C, provided that they pass a HPI check. This eliminates the hassle that you would have selling the car privately, while still giving you a competitive price. Looking to sell your car and want to find out how much we’ll pay for your vehicle? Fill out your reg number online today and receive an instant quote.
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