Buying a bike with no V5?

Sparks! · Sir Tart-a-lot Joined: 30 Aug 2003 Karma :

Well sort of no V5... the deal is.. he bought the bike for a winter hack, but he's cleaned it and serviced/mot/taxed it and it's too nice/good condition to use as a hack so he's selling it to get a scooter.

He has the new keepers supplement from when he bought the bike, and has all the keys, paperwork and will write a receipt etc. He also works for the government so says he has to be "squeaky clean" although I really ignore his last comment about that as I don't think working for the government makes you any more trustworthy Laughing

So.. he has sent the V5 off when he taxed it by post and is waiting for it to be returned.

Should I proceed with buying based on all the paperwork he does have and the receipt etc?

It's not a particularily expensive bike.. £700 .. not that it really changes a lot but still Confused

Also I will HPI check it.. so if it was stolen or written off (only reasons he wouldn't have a V5....) then the HPI report would bring that up surely...

How could anyone nick a bike as well as the keys + paperwork + service history etc?? Very unlikely?

Just want to make sure it's worth proceeding with this.. it all seems pretty legit to me considering the paperwork he does have etc.. but just wanted to see what others thought.

p.s he's just sent me a picture of all the paperwork (sat on the seat of the bike for sale..) .. he's just taxed and moted it so surely must have had the v5 to tax it.. (done by post apparantly) he just had it serviced and MOTed also. Both original keys are also in the pic now..
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Black Knight · World Chat Champion Joined: 22 Feb 2005 Karma :

As long as the HPI comes up clear it should be fine.
The fact he has new keepers supplement only shows he is getting rid of it in less than a month - thats what would concern me.

As for squeeky clean goverment types don't believe it. Dodsi works for MI5 but has a secret collection of pornos hidden under his bed so vast and vaired that even Ron Jeremy himself would be proud of. Tom, you are a dirty boy Laughing

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TOM M · World Chat Champion Joined: 18 Mar 2005 Karma :

why not put a deposit down on the bike untill he receives the v5????
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dodsi · Dirty Carny Joined: 06 Aug 2004 Karma :

distortion · Nearly there... Joined: 08 Mar 2005 Karma :

when you hpi it,tell them his name & address - i beleive they can say yes it is registered to that person at that address.

Or you could ring the DVLA and ask them if they have received it / processed it yet.

iCraig · World Chat Champion Joined: 05 Jun 2004 Karma :

HPI it, when doing so your covered up to £10,000 if they get anything wrong. Say they say its not stolen and it turns out to be you'd get what you paid for it back from HPI!

If looks the trustworthy type then do the deal, I sold a bike with no V5 as I hadn't received one from the DVLA yet. I kept the new owner in touch, and actually got them to come down and sign the V5 when I got it.

Sparks! · Sir Tart-a-lot Joined: 30 Aug 2003 Karma :

Thanks for help but for other reasons I've decided not to go with it... he seems trustworthy enough but he mentioned one price then turned around and said he wanted X amount and no offers?! Rolling Eyes

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Wave2k · G's Stalker Joined: 06 Apr 2004 Karma :

what bike was it,
can i add you have tooooo much money
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Sparks! · Sir Tart-a-lot Joined: 30 Aug 2003 Karma :

Wave2k · G's Stalker Joined: 06 Apr 2004 Karma :

Where the HELL do you get all this money ?
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Sparks! · Sir Tart-a-lot Joined: 30 Aug 2003 Karma :

instigator · Super Spammer Joined: 19 Oct 2004 Karma :

No outgoings is a great thing, enjoy it whilst you can, that's what I say.......... Very Happy

I personally wouldn't leave a deposit or buy it without the v5. I wouldn't leave a deposit full stop with a private seller. How easy is it for them to just bugger off with your money???

Sparks! · Sir Tart-a-lot Joined: 30 Aug 2003 Karma :

instigator · Super Spammer Joined: 19 Oct 2004 Karma :

You pay rent and rates?

Sucker.... Razz

Sparks! · Sir Tart-a-lot Joined: 30 Aug 2003 Karma :

Wave2k · G's Stalker Joined: 06 Apr 2004 Karma :

i do work and earn a fair amount
about 270 take home after tax
but i cant afford as much as you
but i dont get parental help Laughing

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Sparks! · Sir Tart-a-lot Joined: 30 Aug 2003 Karma :

Wave2k · G's Stalker Joined: 06 Apr 2004 Karma :

i dont smoke, rarely drink and AM saving everything i earn for a new bike, but i still cant afford as much as you?
are you rich or in immense debt ?
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instigator · Super Spammer Joined: 19 Oct 2004 Karma :

It seems wave hates everyone earning more than him. Laughing

I'd give you two bob if I had some on me, wave.

Sparks! · Sir Tart-a-lot Joined: 30 Aug 2003 Karma :

Wave2k · G's Stalker Joined: 06 Apr 2004 Karma :

oh, im not the only one with these opinions Wink

i think the dodge RAM drew the line to where u get parental financial help Cool

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Sparks! · Sir Tart-a-lot Joined: 30 Aug 2003 Karma :

Josh|RD125LC · World Chat Champion Joined: 08 Sep 2004 Karma :

Why would you want a CB5 to stunt?
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Wave2k · G's Stalker Joined: 06 Apr 2004 Karma :

i know the ram is ur dads, but it proves that he funds ur bikes
or the bank manager does
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RS125->CBR400->RXS100->GSXR750K2->Ducati749S->CBR600RR5->TL1000R->DRz400->RSVR1000->Honda VTR SP1->CBR400->GSXR1000K6->Honda H100->CBR600RR3->Ducati1299

Stu_666 · Brolly Dolly Joined: 27 Jun 2004 Karma :

Its not that difficult though to afford a bike you really want. Thing is I do crappy low paid temping jobs and still saved up more than enough money to afford the ZX-6R and all the running costs with it. Depends on how much you want to cut back really.