Anyone here worried about selling a car with the new UK law on insurance?

Started by m1tch, May 10, 2011, 05:10:56 PM

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m1tch

Hi everyone,

As you should be aware, the UK law has changed with regards to insurance on cars, basically there are 2 states in which a car can be:

Either:

Car is MOTed, Taxed and Insured

OR

Car is SORN

This means that a car cannot now be taxed and MOTed but sitting on a drive with no insurance, this will probably cause a massive issue when selling a car as the car you are selling has to be either of those 2 states, ie you can\'t for example buy a new car, and then leave the other car on the drive as you sell it - both cars BY LAW have to be insured now.

Luckily I have 2 cars, but will have to sell 1 of them and transfer legal ownership on the V5 before getting another car, as I can\'t afford to insure 3 cars lol

BlitzBoy

"Piston Killa" 3rd Gen\'94 \'Oldone Racing Full Bridge Ported REW 13b engine with SCR seals\'. HKS T51 KAI turbo BBM mapped Motec ECU

JDS/HKS Street Class Championship Runner up 2011
Rotorstock winner 08,09
http://pistonkilla.blogspot.com/
old spec HB T51 470 @ wheels @ 1.2 BAR, 555 @ fly 10.46 @ 130 @ 1.25 Bar
new spec FB T51 482 @ wheels @ 1.15 BAR, 570 @ fly

New Project
"el fénix" RX2 by Mark & Mark

m1tch