Turn on thread page Beta
    • Thread Starter
    Offline

    3
    ReputationRep:
    Im planning on buying a ford focus 1.6l from an auction. This same car can be found on autotrader for the price of 2.3k to 3.5k.

    How much cheaper do cars go for in auction if the cars graded 3 or 4?

    Why do some cars say no V5 and others say with Manheim

    What happens after you won the car but the description says no V5. How do tax the car on the day to drive. What paperworks are given on the day
    • TSR Support Team
    • Wiki Support Team
    • Peer Support Volunteers
    • PS Reviewer
    Offline

    20
    ReputationRep:
    TSR Support Team
    Wiki Support Team
    Peer Support Volunteers
    PS Reviewer
    (Original post by MR.Tickles)
    Im planning on buying a ford focus 1.6l from an auction. This same car can be found on autotrader for the price of 2.3k to 3.5k.

    How much cheaper do cars go for in auction if the cars graded 3 or 4?

    Why do some cars say no V5 and others say with Manheim

    What happens after you won the car but the description says no V5. How do tax the car on the day to drive. What paperworks are given on the day
    Moved your thread to an area where you're more likely to get replies
    Offline

    14
    ReputationRep:
    Buying cars at auction is risky, because unlike going to a lot it's simply a case of you bought it how you saw it. You don't really know what you're going to get. You can't take it for a quick drive or anything.

    For the former; no V5 means it was passed to trade or repossessed and the V5 wasn't handed over, usually repossession though. Someone who knows more about car auctions/trade needs to correct me, but I am otherwise under the impression you would need to buy the car then prove to the DVLA you work in trade and how you acquired the car to obtain ownership. This'd probably also mean you would need to tow the car from the lot. If you don't need to be trade to buy it, then it's probably just a forewarning you'll need to have the car towed home and contact the DVLA to get the car registered to you. CurlyBen IWMTom any ideas?

    With Manheim probably means Manheim themselves have ownership/V5 for the car and thus they can transfer it to you.
    • Community Assistant
    Offline

    20
    ReputationRep:
    Community Assistant
    (Original post by nevershear)
    Buying cars at auction is risky, because unlike going to a lot it's simply a case of you bought it how you saw it. You don't really know what you're going to get. You can't take it for a quick drive or anything.

    For the former; no V5 means it was passed to trade or repossessed and the V5 wasn't handed over, usually repossession though. Someone who knows more about car auctions/trade needs to correct me, but I am otherwise under the impression you would need to buy the car then prove to the DVLA you work in trade and how you acquired the car to obtain ownership. This'd probably also mean you would need to tow the car from the lot. If you don't need to be trade to buy it, then it's probably just a forewarning you'll need to have the car towed home and contact the DVLA to get the car registered to you. CurlyBen IWMTom any ideas?

    With Manheim probably means Manheim themselves have ownership/V5 for the car and thus they can transfer it to you.
    OP would need to fill out a V62 form to get a replacement logbook sent through, which can take up to 6 weeks to show up - the vehicle cannot be taxed without this (there's sometimes exceptions, but I've never seen it happen personally).
 
 
 
Reply
Submit reply
Turn on thread page Beta
TSR Support Team

We have a brilliant team of more than 60 Support Team members looking after discussions on The Student Room, helping to make it a fun, safe and useful place to hang out.

This forum is supported by:
Updated: February 28, 2018
Poll
Is the Big Bang theory correct?

The Student Room, Get Revising and Marked by Teachers are trading names of The Student Room Group Ltd.

Register Number: 04666380 (England and Wales), VAT No. 806 8067 22 Registered Office: International House, Queens Road, Brighton, BN1 3XE

Write a reply...
Reply
Hide
Reputation gems: You get these gems as you gain rep from other members for making good contributions and giving helpful advice.