Simple question and I'm sure it has a simple answer

If I was to take a car as P/X which I would like to sell on (so I dont want to put another previous owner on the V5C); can I fill out the Yellow section of the V5C and declare myself as a trader or do I have to have a limited company? I assume any one can 'be a trader'?

 

You assume correctly.

 

Bonser!

 

I would imagine as long as you don't drive it anywhere you would be ok as if you did insurance would be a problem as you wouldn't most probably be covered.

 

Would just be selling it on

 

I never knew that... Thats agood news, I have a car on my driveway at the moment and the PO still has the V5...The cars worth nowt at moment and is off the road, but will be put back on in the new year, so need a new V5

 

Not quite sure how that helps you?? When you fill out the Yellow section the trader is supposed to keep the rest.. If you send of the yellow section the DVLA wont send you a new V5

 

Well usually if buying/selling i never bother with the V5 until I sell it on.. now I can do it properly

Please note usually its a shafter car that i break for spares, this one was to good to break