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Post by alf on May 3, 2024 9:14:55 GMT
I was totally unaware of this, and have in the past switched insurance monthly between two vehicles. We kept the A5 when Tina bought the 330e, as it was winter and the trade-in offers were awful compared to book. She got a snotty letter from DVSA saying it was not recorded as SORN or insured and they may take further action. We don't want to SORN it as we want to insure it on temporary cover for the odd day and keep it running happily, but its not insured the rest of the time. From Googling it:
"The law says that you must normally have at least third party motor insurance if you drive or own a vehicle. You must also have insurance if you leave it parked on the street, on your driveway or in your garage"
Is this common knowledge? Plenty of people have uninsured assets, including their houses and house contents in many cases, why is a car on private land different???
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Post by johnc on May 3, 2024 9:49:37 GMT
I have to say that I wasn't aware of that either. I thought SORN only applied to the need for road tax. However I can see where they are coming from if a car has road tax - that makes it available for use which might be why it also needs insurance just to ensure no uninsured driving takes place.
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Post by bryan on May 3, 2024 10:12:05 GMT
All my various cars are insured whilst off road, but that is mainly due to maintain agreed value cover rather than being aware of any lawful reason.
If it was worth peanuts I'd just sorn and leave uninsured
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Post by ChrisM on May 3, 2024 11:17:42 GMT
Absoluteley aware of it, from before the time that mum stopped driving but still had her car on private land. Law requires car to be insured if it's not SORNed, crazy but another way of forcing us to spend money unnecessarily, like taking 2 months of VED when you sell a car (unless you stop using it and SORN it for a month) - one from the seller and one from the buyer.
It's probably because the law assumes that if a car isn't SORNed, you may be tempted to take it onto public land such as a car park, even if you're not going to drive it.
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Post by Boxer6 on May 3, 2024 12:28:11 GMT
I was aware of it from when we had 4 cars between us. Whatever the purported reasons, I always felt it was a simple money-making scheme rather than anything else.
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Post by Tim on May 3, 2024 14:19:13 GMT
I've always kept the M5 and Fiat insured even when they've been hibernating for a year or 2 (or 7  for the Fiat) |
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Post by LandieMark on May 3, 2024 15:46:15 GMT
Yes, this has been like this for ages. Known as continuous insurance enforcement IIRC.
I received a similar letter a few years ago when an insurer forgot to notify the MID that I had renewed my policy.
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Post by Martin on May 3, 2024 17:39:01 GMT
I had no idea. But I couldn’t imagine ever not insuring a car that was sat on the drive.
Must be a good time to sell the A4 now?
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Post by PG on May 6, 2024 6:17:29 GMT
Yes, unless a car is SORN it has to be insured to at least third party level. I am sure that logic and common sense have nothing to do with the reason that is the rule.
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Post by alf on May 7, 2024 7:29:44 GMT
I had no idea. But I couldn’t imagine ever not insuring a car that was sat on the drive. Must be a good time to sell the A4 now? She's been trying! Values were imploding when she bought the 330e, and it was the middle of winter, not ideal for a cabrio. Book was over £10k, she was offered 7.It's been up on AT for a while now with barely any interest, at £9999. Its a 2015 and there are 2012 cars up for the same, it feels like the private market is very quiet... |
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Post by Martin on May 7, 2024 7:57:33 GMT
I had no idea. But I couldn’t imagine ever not insuring a car that was sat on the drive. Must be a good time to sell the A4 now? She's been trying! Values were imploding when she bought the 330e, and it was the middle of winter, not ideal for a cabrio. Book was over £10k, she was offered 7.It's been up on AT for a while now with barely any interest, at £9999. Its a 2015 and there are 2012 cars up for the same, it feels like the private market is very quiet... Not good. Have you tried Motorway / CarWow or similar? |
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Post by alf on May 7, 2024 8:50:57 GMT
Yes I think they are up to about £8k - if they come up a bit more it could go that way!
She insured it 3rd party anyway. The lowest quote I could get was £760, insurers don't seem to like you insuring a car that is not yours. By comparison the Boxster was originally £250 with no no-claims in a similar fashion...
Everything worked fine when we took it out - the tyres didn't even need topping up! It reminded me how effortless the 3.0TDi is, but also how the gearbox is more hesitant than the ZF 8 speeder...
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Post by Martin on May 7, 2024 8:53:34 GMT
Yes I think they are up to about £8k - if they come up a bit more it could go that way! She insured it 3rd party anyway. The lowest quote I could get was £760, insurers don't seem to like you insuring a car that is not yours. By comparison the Boxster was originally £250 with no no-claims in a similar fashion... Everything worked fine when we took it out - the tyres didn't even need topping up! It reminded me how effortless the 3.0TDi is, but also how the gearbox is more hesitant than the ZF 8 speeder... Is that the estimate they give when you just enter the reg and mileage or have you been through the full process? If not, would be worth doing that and seeing what bids you get. You might get a bit more than the estimate and you'd know the true trade value. |
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Post by alf on May 7, 2024 9:04:10 GMT
It was so far off what she wanted, she left it at stage 1 - unless she decides open top motoring is a plan in better weather, I think it may go that way soon. Those two seem to have the best rep. As I found with the Jag, trade in prices are hopeless, though SH dealers are quite happy to add a tonne of margin for no actual prep. I'm glad I didn't try selling that privately however! It makes changing cars even more money than usual, trade in prices are low but the trade is clinging on to higher retail prices.
I'll be pleased to see it go, the drive fits 4 cars alongside each other, but only just...
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Post by ChrisM on May 7, 2024 20:03:03 GMT
From personal experience, if you go down the Car Wow route, you do not have to accept the highest bid received so there is nothing to lose by putting the car up for what is in effect an auction
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Post by PG on May 9, 2024 11:27:02 GMT
It may seem like a financial hurt, but by the time you have to insure the car and have it sitting there doing nothing, may be best to just grit your teeth and take the best deal on offer. Money in the bank and no hassle.
I've always found that selling a car on Autotrader as a private sale, I've never achieved "private value" as suggested by the guides.
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Post by Alex on May 9, 2024 20:49:56 GMT
Probably agree with Pete. The stress and hassle is probably not worth the extra couple of grand you sell it for and you're losing money in the process insuring and looking after it.
Regarding insurance is 3rd party a sensible option? What if it gets nicked off your drive whilst you're out?
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Post by Boxer6 on May 9, 2024 22:08:35 GMT
Probably agree with Pete. The stress and hassle is probably not worth the extra couple of grand you sell it for and you're losing money in the process insuring and looking after it. Regarding insurance is 3rd party a sensible option? What if it gets nicked off your drive whilst you're out? Going by my daughters experience a few years ago, plus others I know, 3rd party is often at least as expensive as fully comp, sometimes more! Beggars belief, but there you go .. |
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Post by PG on May 10, 2024 15:40:49 GMT
Re Third party v fully comp prices, it is true that third party is often more than fully comp. My broker said to me that it is because poor drivers and cheapskates used to opt for Third party fire and theft cover as it was cheaper and then cause massive third party claims.
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Post by alf on May 14, 2024 15:05:52 GMT
Well... she only went and sold it! A lady came to see it today, fairly local. In keeping with this thread and others, she currently has an Evoque and the insurance is now so high (after a huge year on year hike) she's had enough. Tina made £9,750 as well which is pretty good, it was up for £10k............. It's at least £2k more than the online people were offering.
So from the weekend the driveway becomes sensible again!
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Post by ChrisM on May 15, 2024 16:55:57 GMT
The Fiesta's insurance is up for renewal in June and I'm waiting with baited breath to see how much more it's increased this year.
With every insurance co seemingly having huge premium increases, I am another hwo is wondering if there is a cartel in place......
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Post by PG on May 17, 2024 11:53:04 GMT
Well... she only went and sold it! .... Result!! |
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for the Fiat)
