How to Transfer Car Ownership

Transferring car ownership involves more than just handing over the keys. It requires completing the necessary paperwork to ensure a smooth and legal transfer of ownership. Here's a rundown of the process:

Notify the DVLA

When transferring ownership, the first step is to notify the DVLA (Driver and Vehicle Licensing Agency) of the change. You can do this online or by completing a V5C form and sending it to the DVLA.

Complete the V5C Form

The V5C form, also known as the logbook, is a crucial document for transferring ownership. Both the seller and buyer must complete their respective sections of the form and sign it.

Gather Supporting Documents

In addition to the V5C form, you may need other supporting documents depending on the circumstances. These may include a valid MOT certificate, service history, and proof of identity.

Inform Insurance Provider

Notify your insurance provider of the change in ownership and provide them with the necessary details of the new owner. They will update the policy accordingly.

Notify the Finance Company (If Applicable)

If the car is still under a finance agreement, inform the finance company about the transfer of ownership. They may require specific steps to be taken to facilitate the transfer.

Hand Over the Documents

Once all the paperwork is completed, hand over the relevant documents to the buyer, including the V5C form, MOT certificate, service history, and any other required documents.

By following these steps and ensuring all the necessary paperwork is completed, you can transfer car ownership smoothly and legally. If you have any further questions or need assistance, CarOwl is here to help.

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