Hi all

apols if 2nd appearance - posting issues..

Bought another car - now have 2. Old one will go (prob auction) but as is 4wd am pondering whether to hold onto it for a few months (unused on my property) til winter coming and hope for better price?

When I swap cars on insurance old 1 will be uninsured yet taxed - seems I cannot keep an unused uninsured car without declaring SORN and untaxing it?

Anyone got experience of the scenario and can profer any advice?

Cheers
Jim K

On 21/08/2012 11:34, Jim K wrote:
Hi all

apols if 2nd appearance - posting issues..

Bought another car - now have 2. Old one will go (prob auction) but as is 4wd am pondering whether to hold onto it for a few months (unused on my property) til winter coming and hope for better price?

When I swap cars on insurance old 1 will be uninsured yet taxed - seems I cannot keep an unused uninsured car without declaring SORN and untaxing it?

Anyone got experience of the scenario and can profer any advice?

Cheers
Jim K

You're going to have to SORN it if it's not insured. Easy to do online.

On 21/08/2012 11:37, Phil wrote:
On 21/08/2012 11:34, Jim K wrote:
Hi all

apols if 2nd appearance - posting issues..

Bought another car - now have 2. Old one will go (prob auction) but as
is 4wd am pondering whether to hold onto it for a few months (unused
on my property) til winter coming and hope for better price?

When I swap cars on insurance old 1 will be uninsured yet taxed -
seems I cannot keep an unused uninsured car without declaring SORN and
untaxing it?

Anyone got experience of the scenario and can profer any advice?

Cheers
Jim K

You're going to have to SORN it if it's not insured. Easy to do online.

Are you sure? As long as it's on private property, why does it need to
be insured? If it still has tax on it, so what?
--
Cheers,
Roger
____________
Please reply to Newsgroup. Whilst email address is valid, it is seldom
checked.

"Jim K" wrote in message
...
Hi all

apols if 2nd appearance - posting issues..

Bought another car - now have 2. Old one will go (prob auction) but as is
4wd am pondering whether to hold onto it for a few months (unused on my
property) til winter coming and hope for better price?

When I swap cars on insurance old 1 will be uninsured yet taxed - seems I
cannot keep an unused uninsured car without declaring SORN and untaxing
it?

Anyone got experience of the scenario and can profer any advice?

No insurance = SORN

www.direct.gov.uk/taxdisc to declare SORN

You don't have to reclaim the tax but its easy to do.
You need a form AFAIK from the post office unless there is a downloadable
one on the site above, I have never looked for one so I don't know.

"Roger Mills" wrote in message
...

You're going to have to SORN it if it's not insured. Easy to do online.

Are you sure? As long as it's on private property, why does it need to be
insured?

It doesn't.
the rules are it has to be insured or be scrapped or be SORNed.
If it isn't any of these the registered keeper will get a fine and another
fine and another fine until the new rules are satisfied.

In article ,
Jim K wrote:
When I swap cars on insurance old 1 will be uninsured yet taxed - seems
I cannot keep an unused uninsured car without declaring SORN and
untaxing it?

No reason why you can't if kept on private land - but most would surrender
the tax to get some money back. After it runs out you will have to declare
SORN anyway - unless you re-tax it which needs insurance etc.

--
*Monday is an awful way to spend 1/7th of your life *

Dave Plowman London SW
To e-mail, change noise into sound.

On Tue, 21 Aug 2012 13:28:56 +0100, "Dave Plowman (News)"
wrote:

In article ,
Jim K wrote:
When I swap cars on insurance old 1 will be uninsured yet taxed - seems
I cannot keep an unused uninsured car without declaring SORN and
untaxing it?

No reason why you can't if kept on private land - but most would surrender
the tax to get some money back. After it runs out you will have to declare
SORN anyway - unless you re-tax it which needs insurance etc.

Nope, sorry.

According to
http://www.direct.gov.uk/en/Motoring...icle/DG_069727

if it's uninsured it has to be SORNd

Quote:
You must make a SORN if one of the following applies:

if you don’t renew your vehicle tax and you are keeping the vehicle
off the road
if you are applying for a refund of vehicle tax and keeping the
vehicle off the road
if you buy an untaxed vehicle and do not tax it
if the vehicle has no valid insurance in place
if you are cancelling the insurance and keeping the vehicle off the
road
every 12 months if you continue to keep your vehicle off the road
in advance if your vehicle is to be kept off the road in the UK when
you are abroad

Nick

On 21/08/2012 13:28, Dave Plowman (News) wrote:
In article ,
Jim K wrote:
When I swap cars on insurance old 1 will be uninsured yet taxed - seems
I cannot keep an unused uninsured car without declaring SORN and
untaxing it?

No reason why you can't if kept on private land - but most would surrender
the tax to get some money back. After it runs out you will have to declare
SORN anyway - unless you re-tax it which needs insurance etc.

The law changed recently.

Phil wrote:
On 21/08/2012 13:28, Dave Plowman (News) wrote:
In article ,
Jim K wrote:
When I swap cars on insurance old 1 will be uninsured yet taxed - seems
I cannot keep an unused uninsured car without declaring SORN and
untaxing it?

No reason why you can't if kept on private land - but most would
surrender
the tax to get some money back. After it runs out you will have to
declare
SORN anyway - unless you re-tax it which needs insurance etc.

The law changed recently.

Yes, they can now enter private land to sieze untaxed and/or uninsured
vehicles. :-/

At least a SORN is free for now.

--
Tciao for Now!

John.

Thanks to all so far - that seems to be how I was reading it.

MMMMM So is it worth SORNing & holding it til winter? or should I just "down it" now?

It has a distinctive no. plate - can you transfer onto retention & SORN at same time??

Local Auction will collect for a fee so no "need" to retax when ready to sell... or I know a local w transporter who may take it for me for some vouchers...

Has 11 months MOT & some 10yr old car issues - but nothing that will go sour from standing around for 2-3 months)

anyone?

Cheers
Jim K

Jim K presented the following explanation :
Hi all

apols if 2nd appearance - posting issues..

Bought another car - now have 2. Old one will go (prob auction) but as is 4wd
am pondering whether to hold onto it for a few months (unused on my property)
til winter coming and hope for better price?

When I swap cars on insurance old 1 will be uninsured yet taxed - seems I
cannot keep an unused uninsured car without declaring SORN and untaxing it?

Anyone got experience of the scenario and can profer any advice?

Cheers
Jim K

Reclaim a refund of the remaining tax and then SORN it.

--
Regards,
Harry (M1BYT) (L)
http://www.ukradioamateur.co.uk

On 21/08/2012 14:36, Jim K wrote:
It has a distinctive no. plate - can you transfer onto retention & SORN at same time??

I think until it is scrapped it still owns the plate. SORNing doesn't
free the number.

I think.

Andy

On Tue, 21 Aug 2012 20:20:45 +0100, Harry Bloomfield
wrote:

Jim K presented the following explanation :
Hi all

apols if 2nd appearance - posting issues..

Bought another car - now have 2. Old one will go (prob auction) but as is 4wd
am pondering whether to hold onto it for a few months (unused on my property)
til winter coming and hope for better price?

When I swap cars on insurance old 1 will be uninsured yet taxed - seems I
cannot keep an unused uninsured car without declaring SORN and untaxing it?

Anyone got experience of the scenario and can profer any advice?

Cheers
Jim K

Reclaim a refund of the remaining tax and then SORN it.

I'd sell it now. I can't see why holding onto it for a few months is
likely to result in a higher price.
--
(\__/) M.
(='.'=) If a man stands in a forest and no woman is around
(")_(") is he still wrong?

In article , Roger Mills
writes
On 21/08/2012 11:37, Phil wrote:

You're going to have to SORN it if it's not insured. Easy to do online.

Are you sure? As long as it's on private property, why does it need to
be insured? If it still has tax on it, so what?

Yes, changes in regs this year mean that a car must be both taxed and
insured or be SORN'd:

http://www.direct.gov.uk/stayinsured
--
fred
it's a ba-na-na . . . .

In article ,
Mark wrote:
I'd sell it now. I can't see why holding onto it for a few months is
likely to result in a higher price.

'Classics', for example, always make more at the start of the season than
at the end, so winter would be a bad time to sell those. So it's quite
possible this sort of thing applies to other specialised vehicles, like a
4X4.

--
*The statement above is false

Dave Plowman London SW
To e-mail, change noise into sound.

On 22 Aug 2012 09:31:49 GMT, Huge wrote:

On 2012-08-22, Dave Plowman (News) wrote:
In article ,
Mark wrote:
I'd sell it now. I can't see why holding onto it for a few months is
likely to result in a higher price.

'Classics', for example, always make more at the start of the season than
at the end, so winter would be a bad time to sell those. So it's quite
possible this sort of thing applies to other specialised vehicles, like a
4X4.

It does. 4x4 prices bob up and down about 10% over a year, more so if the
winter's been bad (prices rise more) or fuel prices are in the news (prices
fall more).

OTOH waiting will mean that the car is a little older which may reduce
its value.
--
(\__/) M.
(='.'=) If a man stands in a forest and no woman is around
(")_(") is he still wrong?

In article ,
Mark wrote:
It does. 4x4 prices bob up and down about 10% over a year, more so if
the winter's been bad (prices rise more) or fuel prices are in the news
(prices fall more).

OTOH waiting will mean that the car is a little older which may reduce
its value.

If it crosses its registration date, yes.

--
*I feel like I'm diagonally parked in a parallel universe*

Dave Plowman London SW
To e-mail, change noise into sound.

"Huge" wrote in message
...
On 2012-08-22, Dave Plowman (News) wrote:
In article ,
Mark wrote:
I'd sell it now. I can't see why holding onto it for a few months is
likely to result in a higher price.

'Classics', for example, always make more at the start of the season than
at the end, so winter would be a bad time to sell those. So it's quite
possible this sort of thing applies to other specialised vehicles, like a
4X4.

It does. 4x4 prices bob up and down about 10% over a year, more so if the
winter's been bad (prices rise more) or fuel prices are in the news
(prices
fall more).

Its the length of the MOT that is going to make a difference.
If the OP is going to get a new MOT it will sell for about the same price,
if he doesn't its value is going down.

On Wednesday, August 22, 2012 1:49:16 PM UTC+1, dennis@home wrote:
"Huge" wrote in message

...

On 2012-08-22, Dave Plowman (News) wrote:

In article ,

Mark wrote:

I'd sell it now. I can't see why holding onto it for a few months is

likely to result in a higher price.



'Classics', for example, always make more at the start of the season than

at the end, so winter would be a bad time to sell those. So it's quite

possible this sort of thing applies to other specialised vehicles, like a

4X4.



It does. 4x4 prices bob up and down about 10% over a year, more so if the

winter's been bad (prices rise more) or fuel prices are in the news

(prices

fall more).



Its the length of the MOT that is going to make a difference.

If the OP is going to get a new MOT it will sell for about the same price,

if he doesn't its value is going down.

When it goes it will have 6-8months MOT left, I have no doubt it will sell to a trader whenever it goes - whom I expect will have necess. arrangements in place to re-MOT it should a pending sale require it.

I don't fancy auction "now" as there'll be loads of 2nd hand motors about "in the system" in a week or 2 - so prices maybe pushed down temporarily?

I think I'll SORN it after speaking to auction house about wisdom of waiting til end Oct/Nov ?

I expect (yes cynically) they'll just say "nah get it in now" so they get "their" fees - not maximise my return...hence my musings on here..

Cheers
Jim K

Jim K wrote:

I expect (yes cynically) they'll just say "nah get it in now" so they get "their" fees - not maximise my return...hence my musings on here..

The certainty of cash in hand now as against the possibility of more (or
just as possibly, less) later?

Weighed against the possibility that the weather this year will be bad
enough for you to need four wheel drive.


--
Tciao for Now!

John.

On Wednesday, August 22, 2012 10:32:28 PM UTC+1, John Williamson wrote:
Jim K wrote:



I expect (yes cynically) they'll just say "nah get it in now" so they get "their" fees - not maximise my return...hence my musings on here..



The certainty of cash in hand now as against the possibility of more (or

just as possibly, less) later?

mmm, if mild winter could well be less....


Weighed against the possibility that the weather this year will be bad

enough for you to need four wheel drive.

which new one has too ;)

Jim K