Are you aware of the dangers of not informing the DVLA (Driver and Vehicle Licensing Agency) when a vehicle has been sold? The fact is, that until you contact the DVLA to update their records and you have a letter of acknowledgement, you are liable for anything that happens to the car whether it has been sold or not.

To ensure you go through the correct procedures, you must obtain the suitable registration document and fill in vital details like, the new owners name, address and contact number. You must also write down the exact date of sale or transfer.

For further details, visit, www.direct.gov.uk or call the DVLA’s vehicle customer services line on, 0870 240 0010.

Additional Information

For further information on buying a car visit www.oft.gov.uk and read the car consumer advice section. Also visit sites like www.moneymadeclear.fsa.gov.uk, www.financingyourcar.org.uk, and www.consumerdirect.gov.uk.