Martin Lewis gives money-saving advice on VED car tax
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When you buy a car or vehicle, you have to have road tax, valid MOT and insurance. Without them, you are breaking the law and will get a fine from DVLA, while driving without insurance can carry a prison sentence in some cases. After you’ve applied for a logbook, you’ll need to declare SORN. This means the car is taken off the road (Statutory OFf-Road Notification) until the new logbook arrives. Note, there are no exceptions or shortcuts to this rule, but you don’t need to tax or insure the car during SORN notifications.
The primary purpose of a V5 is to serve as a vehicle registration certificate and provides the details of a car, van or motorbike’s registered keeper.
Over the years, the V5 document has seen a number of notable changes.
The most prominent was in 2014 when the document changed from blue to red.
This change was essential due to a spike in the theft of blank forms in 2006, leading to a huge rise in car scams and fraud. The form as it is today was introduced in April 2019.
While old forms are still valid, the easiest way to tell if you have a new form is by checking it.
The front should include the following two features:
- There is an infographic on the front showing the six sections in a different coloured box
- The front page now contains the text ‘don’t share, keep it safe’ added to the top right of the page
How to tax a car without V5
Without a V5 logbook, you may be able to tax your vehicle, but you’ll need to have another identifying piece of information with you.
You can only tax the vehicle if you are the owner and keeper, and as a V5 or V5C proves this to be true, you can’t do much tax-wise without it or another piece of equivalent paperwork.
To road tax your car or vehicle, you’ll need one of the following:
- V11 reminder letter
- V5C logbook registration certificate registered in your name
- V62 logbook application form (when the car is registered in your name_
- V5C/2 Green slip, new keepers supplement (when you have just bought the car not registered in your name)
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Without any of these DVLA forms listed above, you won’t be able to tax the car at any point.
Instead, you will need to apply for a logbook via the V62 application form.
The process is relatively quick, but be advised there is a small fee of £25 to pay upfront.
DVLA states it can take up to ten weeks to get a new V5, and while it’s normally much quicker, the ongoing pandemic means there are delays to delivery and postal services.
You’re advised against buying a car without its DVLA V5c registration certificate.
Being without one can make it especially difficult when you want to tax the car, so before even buying, make sure everything’s in order with the vehicle.
Some of the main reasons you should avoid buying a vehicle without its documentation:
- The car or vehicle could be stolen
- The car or vehicle could be a previous write off
- The car or vehicle could have been cloned
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