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selling a bike for the first time.

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charlieh777
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Joined: 06 Sep 2015
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PostPosted: 19:42 - 02 Oct 2015    Post subject: selling a bike for the first time. Reply with quote

Hello I am selling a bike for the first time. Am i right in understanding that legally all I need to do is send off the V5C document with the buyers name and address?
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BakesBeans
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Joined: 14 Aug 2012
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PostPosted: 20:10 - 02 Oct 2015    Post subject: Re: selling a bike for the first time. Reply with quote

charlieh777 wrote:
Hello I am selling a bike for the first time. Am i right in understanding that legally all I need to do is send off the V5C document with the buyers name and address?


Yep, and they keep the tear off on the right-hand side (just the green bit).
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Previous Bike: Honda CBR600F ABS, Yamaha XJ6 F Diversion ABS, Honda VFR400 NC30
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Rogerborg
nimbA



Joined: 26 Oct 2010
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PostPosted: 20:42 - 02 Oct 2015    Post subject: Reply with quote

"Send off". Laughing

Right, because they won't "lose" it, and then "fine" you for their incompetence.

Do it online, get an acknowledgement, shred it.

https://www.gov.uk/sold-bought-vehicle/
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GONE: HN125-8, LF-250B, GPz 305, GPZ 500S, Burgman 400 // RIDING: F650GS (800 twin), Royal Enfield Bullet Electra 500 AVL, Ninja 250R because racebike
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charlieh777
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Joined: 06 Sep 2015
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PostPosted: 08:03 - 03 Oct 2015    Post subject: Reply with quote

thanks for the link. What details about the buyer do I need to complete the online form?
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Rogerborg
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Joined: 26 Oct 2010
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PostPosted: 09:17 - 03 Oct 2015    Post subject: Reply with quote

Name and address.

The DVLA computer has a nap evening and weekends, but I'd still far rather do it online on Monday than post off the V5C in the hope that it'll be received and processed.
____________________
Biking is 1/20th as dangerous as horse riding.
GONE: HN125-8, LF-250B, GPz 305, GPZ 500S, Burgman 400 // RIDING: F650GS (800 twin), Royal Enfield Bullet Electra 500 AVL, Ninja 250R because racebike
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charlieh777
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Joined: 06 Sep 2015
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PostPosted: 09:23 - 03 Oct 2015    Post subject: Reply with quote

yeah i agree its much better to do it online. I am selling my automatic scooter buying a geared 125 I have passed my theory now time for module 1 and 2
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bamt
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Joined: 15 Dec 2013
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PostPosted: 09:33 - 03 Oct 2015    Post subject: Reply with quote

In addition to that, buying or selling privately I always make out a couple of copies of a receipt. Just yours and buyers/sellers name and address, the bike make/model/reg/mileage, price paid, "private sale, sold as seen", date & time (so no arguments about who triggered a camera that day, protection for both of you), and signatures from both of you on both copies.

You don't legally need to do so, but it may be of some (limited) use if there are problems later.
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