Completing the paperwork

Protect yourself with the paperwork

The Receipt

A receipt is your legal confirmation of the deal reached between yourself and the seller. It is vital you both protect yourselves by taking the time to complete this part of the process properly.

The seller's receipt must include the following:

  • Date and time the transaction took place
  • Seller's name, address and telephone number
  • Buyer's name, address and telephone number
  • Model, mileage, registration and chassis number of the car being sold
  • Price agreed for the car
  • Method of payment used
  • Deposit paid and the remaining balance if the car is being paid for in stages
  • Confirmation the vehicle is being sold on a 'sold as seen' basis. This means if there are mechanical faults after the sale, the seller is not responsible
  • Proof that the seller owns the car (to confirm it is his or hers to sell)
  • Confirmation that the seller is handing over all legal rights to the car to the buyer
  • Whether there is finance outstanding on the car
  • The seller should sign and print his/her full name at the bottom of the receipt and ask you to do the same.
  • The seller should then make two copies of the receipt, keep one and give the other to you.
  • The DVLA Form V5C
  • It is important that the seller fills in the V5C form in front of you.
  • The buyer and the seller must sign the V5C.
  • One section needs the seller to sign and give the date they gave ownership of the vehicle to you
  • The other section requires you to sign to say you are the new owner
  • The seller should give the top part of the V5C to you
  • The rest of the Form V5C must then be sent to the DVLA. Until the DVLA get the completed form, the seller is responsible for any penalties, so seenacar.com recommends that the seller takes responsibility for sending the Form V5C to the DVLA on the same day it is filled in
For further information and advice please click on the link below:
http://dvlaguide.co.uk/index.php/dvlaguide/notify_dvla_when_you_sell_your_vehicle1/

Other Documents

Any other documents relating to the car should be given to you on completion. These may include:
  • Handbook and manuals
  • Service history book
  • MOT Certificate
  • Warranty agreement
  • Tracker agreement
  • Receipts for proof of maintenance work
Also, don't forget to ask the seller for all other items relating to the car:
  • Spare keys
  • Alarm fobs and remotes
  • Wheel bolt keys

Insurance

Finally, make sure you have insurance in place so you can legally drive your car away. You'll be able to compare policies from the UK's leading insurance companies, and find a better deal, when you choose insurance  from seenacar.com and our insurance partners, moneyexpert.com.

CONGRATULATIONS! You've seenacar. And now you own it!




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