Cranston88
RMS Regular
Quick question guys!
I'm in the process of looking to change the family car, and my current car has a private plate. Hoping someone can give me some guidance on the process for transferring the plate.
- I'm hoping to trade it in against the new car on Saturday. I assume I need the plate taken off by then, however I'm concerned that the dealership wont be able to take ownership of my current car as the V5 will still have my private registration on it? Is this the case?
- with regards to insurance, I am certain I need to let my current insurer know it is on a different reg, but keen to leave it as late as possible (maybe even the morning of the exchange) because they charge £50 to notify of the change of REG and then an additional £50 to register the new car. Is that correct?
Thanks in advance
I'm in the process of looking to change the family car, and my current car has a private plate. Hoping someone can give me some guidance on the process for transferring the plate.
- I'm hoping to trade it in against the new car on Saturday. I assume I need the plate taken off by then, however I'm concerned that the dealership wont be able to take ownership of my current car as the V5 will still have my private registration on it? Is this the case?
- with regards to insurance, I am certain I need to let my current insurer know it is on a different reg, but keen to leave it as late as possible (maybe even the morning of the exchange) because they charge £50 to notify of the change of REG and then an additional £50 to register the new car. Is that correct?
Thanks in advance