Perils of selling a damaged but unrecorded car?
Discussion
Guys,
Serious Q: I am selling a car which is damaged and financially not worth repairing (when paying commercial rates), but the damage is not recorded anywhere. It has not been subject to an insurance claim so the damage is not recorded.
What are the perils of selling it as it is, with all the registration documents, chassis number and what not? Is there a risk that the car's identity will be used in a nefarious way? Is there any way I can guard against this happening, while still trying to get a good price for the car?
Thanks.
Serious Q: I am selling a car which is damaged and financially not worth repairing (when paying commercial rates), but the damage is not recorded anywhere. It has not been subject to an insurance claim so the damage is not recorded.
What are the perils of selling it as it is, with all the registration documents, chassis number and what not? Is there a risk that the car's identity will be used in a nefarious way? Is there any way I can guard against this happening, while still trying to get a good price for the car?
Thanks.
2Btoo said:
Guys,
Serious Q: I am selling a car which is damaged and financially not worth repairing (when paying commercial rates), but the damage is not recorded anywhere. It has not been subject to an insurance claim so the damage is not recorded.
What are the perils of selling it as it is, with all the registration documents, chassis number and what not? Is there a risk that the car's identity will be used in a nefarious way? Is there any way I can guard against this happening, while still trying to get a good price for the car?
Thanks.
Are you concerned that someone would buy it and use its paperwork and VIN plate as a ringer to launder the identity of a stolen car?Serious Q: I am selling a car which is damaged and financially not worth repairing (when paying commercial rates), but the damage is not recorded anywhere. It has not been subject to an insurance claim so the damage is not recorded.
What are the perils of selling it as it is, with all the registration documents, chassis number and what not? Is there a risk that the car's identity will be used in a nefarious way? Is there any way I can guard against this happening, while still trying to get a good price for the car?
Thanks.
I don't think there's much you can do about that from your side.
What specifically makes you concerned about this?
Edited by InitialDave on Friday 5th June 11:20
I did exactly this a few months ago with a road-legal track car that had structural damage. The guy taking the car wanted the wheels and some parts. I made the decision to just have him fill out the New Keeper supplement and then recorded this online with DVLA.
Once this is done the car is theirs... the condition is irrelevant.
Once this is done the car is theirs... the condition is irrelevant.
2Btoo said:
Is there a risk that the car's identity will be used in a nefarious way?
If I was doing this I would want to buy a roadworthy car to start with... but it has nothing to do with you. Anyone could do anything with your car when they buy it, as long as the DVLA are notified of new keeper it doesn't affect youMatt_T said:
...out of interest, when you buy a damaged car from copart or a salvage yard, do they have you sign a letter or disclaimer saying that the car is damaged? Or do they just have you sign the New Keeper Supplement and send you on your way?
If you buy something from copilot it says in the T&Cs you sign up to that you are buying a vehicle "as is, where is" InitialDave said:
Are you concerned that someone would buy it and use its paperwork and VIN plate as a ringer to launder the identity of a stolen car?
I don't think there's much you can do about that from your side.
What specifically makes you concerned about this?
This is indeed pretty much my worry. I have nothing specifically to make me concerned but am aware that it's a big, bad world out there and I don't know what options there are for mischief post-sale, and I don't want to land myself or anyone else in hot water if I can avoid it. I don't think there's much you can do about that from your side.
What specifically makes you concerned about this?
Thanks for your help everyone. I'll go ahead with the sale as planned.
2Btoo said:
InitialDave said:
Are you concerned that someone would buy it and use its paperwork and VIN plate as a ringer to launder the identity of a stolen car?
I don't think there's much you can do about that from your side.
What specifically makes you concerned about this?
This is indeed pretty much my worry. I have nothing specifically to make me concerned but am aware that it's a big, bad world out there and I don't know what options there are for mischief post-sale, and I don't want to land myself or anyone else in hot water if I can avoid it. I don't think there's much you can do about that from your side.
What specifically makes you concerned about this?
But I think it's quite an outside probability, and not likely enough to let it affect you doing what you need to do to move the car on.
Matt_T said:
...out of interest, when you buy a damaged car from copart or a salvage yard, do they have you sign a letter or disclaimer saying that the car is damaged? Or do they just have you sign the New Keeper Supplement and send you on your way?
With my gti they just handed over the V5 and I got speeding tickets, they did resolve it though. Gassing Station | Car Buying | Top of Page | What's New | My Stuff


