Regtransfers auction

[davislove]

Hi all,
I've been looking at the Regtransfers auction site, and a bit confused.

They only sell the registration by putting it on a car, it can't be put on certificate? Why do they do this?

cheers

[xPOW]

davislove said:

Hi all,
I've been looking at the Regtransfers auction site, and a bit confused.

They only sell the registration by putting it on a car, it can't be put on certificate? Why do they do this?

cheers

Dunno. They should be able to. I think i'm right in that most of the RT auctions are private sales where RT are taking a cut for the auction. On this basis, the vendor should easily be able to put straight onto certificate?

[Crazy Torque]

davislove said:

Hi all,
I've been looking at the Regtransfers auction site, and a bit confused.

They only sell the registration by putting it on a car, it can't be put on certificate? Why do they do this?

cheers

Only guessing, but possibly numbers on vehicles can be retained in the buyers name, whereas numbers already on retention can only have the buyer added as a nominee (which has an expiry date).

[RickRT]

Hi all,

That condition (which also applies to certain other sales) is a precaution against fraud.

For obvious reasons it would be irresponsible to post details of the fraud concerned, but suffice to say that this precaution eliminates the hazard.



(EDIT: Disclosure - I am a Regtransfers employee)

Edited by RickRT on Thursday 16th December 09:28