Frequently Asked Questions
How to sell my car in Leicester with Bristol Street Motors
Looking to sell your car in Leicester? It's easy when you use Bristol Street Motors. Our streamlined process requires you to simply enter your reg to generate your free, instant valuation. This remains valid for seven days, giving you a whole week to think it over.
When you're ready, book an appointment at your nearest dealership where we'll check the condition of your car and sort all the paperwork to finish. It's simple!
What paperwork do I need to sell my car in Leicester?
At your appointment, you'll need to bring along the following items:
- Your driver's licence
- A bank statement dated within the last three months showing your name and address
- Your Vehicle Registration Document (V5C) showing the vehicle is listed in your name
- Any service history records
- If applicable, a valid finance settlement letter. This should show the final settlement amount and your finance company's details.
- Both the original and spare keys to the car
- Any accessories such as locking wheel nuts or user manuals originally included with the vehicle
What to be careful of when selling a car
When selling your car, there are a few things to keep in mind. First, make sure the condition you describe your car as is accurate, otherwise your valuation may be reduced. It's also important to make sure you have all the paperwork required, as this makes the process much smoother.
What do I do with my V5C when I sell my car to a dealer?
When you sell your car to a dealership, we'll need you to fill in a specific section on your V5C form. This is titled 'selling, transferring, or part exchanging this vehicle to a motor trader'. Then, we'll take care of the rest.
Can I sell my car from anywhere in Leicester?
Yes! No matter where you live in Leicester, you'll be able to sell your car to us so long as you can attend an in-person appointment at your closest dealership. This allows us to check the condition of your vehicle is as described, and to process your payment to finish the sale.
Is selling a car with Bristol Street Motors free?
Yes! Selling your car is completely free, with no admin fees or charges for valuations.
Is it worth selling my car to a dealer?
If you want an easier, quicker way to sell your car, selling to a dealership is a great idea. You won't have to take care of all the admin when selling privately, and we'll make sure you get a fair valuation.
How much time does it take to sell my car with Bristol Street Motors?
Not long at all! It takes minutes to enter your reg online and receive your valuation, and your appointment should take no longer than an hour. Following this, you'll receive your payment within the next three to five working days.
How and when will I be paid for my car?
After your payment has been processed, it will be sent via bank transfer. This should arrive in your account within three to five working days.
Can I sell my car on finance?
You can still sell your car to us, even if you have outstanding finance. The process can vary depending on the type of car finance that you have but we will explain this to you.
To learn more, read our blog about selling your car on finance.
If I sell my car, can I keep the insurance running and number plate?
It's important that you cancel your insurance policy when you sell your car. If not, you could be liable for any future claims should the new owner be involved in an accident.
However, you can keep your number plate when selling your car if it's a private one. To do this, you'll need to apply for a V778 document from the DVLA.
If I sell my car, do I have to pay taxes in the UK?
Currently there are no taxes to pay when you sell your car in the UK. This is because car sales are exempt from Capital Gains Tax (CGT). There are a few vehicles that are required to pay CGT, these include:
Taxis
Racing cars
Single-seat sports cars
Vans, lorries, and commercial vehicles
Can I sell my car to Bristol Street Motors without buying a new one?
Of course. There is no obligation to buy a new car when selling your old car with us. Depending on your circumstances, you can just take the payment.
What happens if I sell my car with a private plate?
If you have a private plate, chances are you probably want to retain it for future vehicles, and this can be done. Firstly, you'll need to apply to the DVLA for a V778 retention document. This gives you up to 10 years to transfer the plate to a new vehicle. Alternatively, you can transfer ownership to the buyer if you prefer.