New car, tax and private registration

I guess this all boils down to how easy it would be to find a similar car elsewhere? What is it? Anything special?

I guess this all boils down to how easy it would be to find a similar car elsewhere? What is it? Anything special?

Special? Depends on your perspective. It's a 2005 IS200 sportcross, which are pretty rare cars and this is the only one I could find that didnt ring alarm bells when I spoke to the owner - it actually sounds like an absolutely immaculate car, full Lexus history, good spec, an owner who's enthusiastic about the car and knows a lot about them.

Yes, a lot would say dont bother as its not special - some would say dont bother regardless of situation as they do 2mpg less than they should :). But its exactly what I'm after and I really like them, so to find one like this is worth a bit of hassle for me.

However, I've just spoken to the owner - I'm going to drive it off with his private registration and we can tax it there and then. He'll then sort everything out, based on a well worded receipt. He's said he'll only take 50% of the balance until it's all sorted (again, based on the receipt) if I'm worried. Given that I'd struggle to find a Focus of this age, mileage and condition for the money I'm paying - I think its worth the risk
 
If it's thin on the ground so to speak, then it's "special", whether or not I'd say it was special enough to interest me is irrelevant so long as you know it's what you want.

I'd be inclined to believe the text-check, but then every car I've checked with it I've also HPI'd, and the two have always matched up.
 
Would I be right in thinking that if we both went to his local DVLA office, they would be able to do the V5, change of registration and issue the tax there and then?
 
Walk away from the deal and buy an IS300 Sportcross. There is literally no reason not to. It costs the same to run. It's the same car only it performs like it should, rather than like the brakes are binding.
 
[TW]Fox;19615653 said:
Walk away from the deal and buy an IS300 Sportcross. There is literally no reason not to. It costs the same to run. It's the same car only it performs like it should, rather than like the brakes are binding.

No thanks
 
[TW]Fox;19615669 said:
What possible reason is there to not buy an IS300 instead? Same fuel economy!

Lower fuel economy actually. Only by a few mpg, but it's only a few mpg you have an issue with.

Higher insurance, I dont want an auto and as picky as it sounds I prefer the half alcantara to the full leather. The 300 will also be a 2001/2002 car for the same money as this 2005 car.

I was pretty open to the IS300, but I also wasnt bothered by the performance or economy of the 200 so went for the best example I could find of either.

This one is a great example of a car I'm more than happy with. Logistically its a bit tricky but thats worth it to get a great example

Remember you're used to a 530i, of course an IS200 is going to feel like it's brakes are binding. However, I'm used to a 1.8 Accord so the IS200 feels positively spritely to me. It's performance is "adequate" - thats all I really need or want. Better performance, similar fuel economy to the honda, and better in every other way.

Anyway - can everything we need to do be done there and then at the DVLA?
 
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Finally figured out the complicated mess of forms that the DVLA required and got a plan :D

We complete a V62 to apply for a new V5, a V317 to put the plate on retainer and a V10 to apply for the tax along with 3 sets of fees. They'll then post him the new V5 and tax within 2 weeks (just enough time!) - he can forward me the authorisation letter for number plates, new keepers supplement and tax disc as well as send the V5 back with a change of keeper. Fairly sure I've understood that right?

Have spoken with Lexus financial services myself who verified the settlement figure for the finance and the account details to pay to. He's going to make the transfer in the branch and give me the receipt.

Have also spoken to the Lexus dealer who supplied and serviced the car and they verified the mileage and history is correct.

I've done a full HPI, albeit without the VIN/V5C section required to provide the guarantee and verify the mileage which has backed up the text check - outstanding finance and change of registration, both of which I know about.

Anything else I'm missing, engine capacity aside? Nice early train in the morning :)
 
Remember you're used to a 530i, of course an IS200 is going to feel like it's brakes are binding. However, I'm used to a 1.8 Accord so the IS200 feels positively spritely to me. It's performance is "adequate" - thats all I really need or want. Better performance, similar fuel economy to the honda, and better in every other way.

How does it compare to the Saab though?
 
How does it compare to the Saab though?

Better handling and ride, better built and equipped and half the purchase cost for a car the same age....so, better. Slightly more aesthetically challenged though, mind.

Slower, yes - although the Saab was probably more comparable in performance to the IS300 (similar bhp and auto box) - so I know what I'm getting, what I could be getting and what I can appreciate and make use of.
 
Be carefull, I own no less than 4 plates currently and over the years I've been confused.com to say the least regarding cherished transfers/retaining ect ect. Tbh I have sold cars with my plates while sorting out retensions however it's a calculated risk! The dvla may call the vehicle into the applicants local office to check the vehicles identity at any time while the application is being considered. This is a problem if the applicant and the vehicle are in to different places of the country. It currently is an offence to sell a vehicle without a new style and current log book. No application for retention or transfers will commence without a current valid log book. It is possible to purchase the car as you intend to but it easily could go **** up, be carefull. Typically the reason that this situation arises is simply that the seller is seeking to sell the vehicle without much preparation, isn't confident it will sell or is skint and can't afford to transfer the plate and will use your deposit/payment to fund it. Goodluck and be a good judge of character .
 
Typically the reason that this situation arises is simply that the seller is seeking to sell the vehicle without much preparation, isn't confident it will sell or is skint and can't afford to transfer the plate and will use your deposit/payment to fund it.

Or, far far more likely, has simply underestimated quite how long it takes the DVLA to faff around and complete a transfer?

It's 70 quid - not many people with a private plate can't find 70 quid until the car is sold.
 
[TW]Fox;19622000 said:
Or, far far more likely, has simply underestimated quite how long it takes the DVLA to faff around and complete a transfer?

It's 70 quid - not many people with a private plate can't find 70 quid until the car is sold.

£80 for transfer or £105 for retention last time i checked ;)
 
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