Frequently Asked Questions
How to sell my car in London with Bristol Street Motors
Selling your car in London with Bristol Street Motors is simple. Enter your reg online to get a free instant valuation which is valid for seven days. You'll then need to visit your local dealership so that we can confirm the condition of your car is as described. We'll also process all paperwork and payment during your visit.
What paperwork do I need to sell my car in London?
There's a few things you'll need to bring along to your dealership appointment. These include:
- Your driving licence
- A bank statement addressed in your name to your current home address, dated within the last three months
- Vehicle Registration V5C Document with your name (the seller) on it
- Service history records
- Valid finance settlement letter showing final settlement figure (if applicable)
- All keys, including spares
- Any accessories related to the use of the vehicle i.e. user manual, locking wheel nut key, memory cards etc
What to be careful of when selling a car
Selling your car is a big deal and it's important to get it right. Always ensure that your car is in the condition described or your valuation can change. It's also crucial that you have all the required paperwork for the sale to proceed.
What do I do with the V5C when I sell my car to a dealer?
When you sell your car, you'll need to give the V5C to the dealership. It's important that you fill in the section titled 'selling, transferring or part exchanging this vehicle to a motor trader'.
Can I sell my car from anywhere in London?
You can get a free, instant valuation for your car from the comfort of your own home by entering your reg online. If you do decide to sell your car with us, you'll need to visit your local dealership for the paperwork and payment to be processed. .
Is selling a car with Bristol Street Motors free?
Yes! Selling your car with Bristol Street Motors is completely free. There is no charge for your valuation and no admin fees.
Is it worth selling my car to a dealer?
Before you sell your car, you'll need to decide whether you want to sell privately or to a dealership. If you sell to a dealer, you can be confident that you are getting a fair valuation. We'll also do all the work for you so all you have to think about is choosing your next car.
How much time does it take to sell my car with Bristol Street Motors?
We want to make selling your car as easy and as quick as possible. That's why we give you an instant valuation online which is valid for seven days. While your dealership appointment should take around an hour. After we've completed all the paperwork, we'll then process your payment which will be in your account within three to five working days.
How and when will I be paid for my car?
Your payment will be processed during your dealership appointment. Please note that this will be via bank transfer and can take three to five working days to complete.
Can I sell my car on finance?
Yes - you can. If your car was bought using a finance package that's still ongoing, you can still sell your car to us. All you'll need to do is provide a valid finance settlement letter, detailing the final figure and your finance company's bank details.
If I sell my car can I keep the insurance running and number plate?
You should always cancel your insurance as soon as possible after selling your car. If not, you could be responsible for any claims or accidents associated with the vehicle later on. You can, however, keep your private number plate if you wish. For this, you'll need to fill in a V778 form and send it to the DVLA.
If I sell my car do I have to pay taxes UK?
No. Currently, there is no tax for selling your car in the UK. Car sales are exempt from paying Capital Gains Tax (CGT), with this only applying to:
- Taxis
- Vans, commercial vehicles and lorries
- Single-seat sports cars
- Racing cars
Can I sell my car to Bristol Street Motors without buying a new one?
Yes, you can! There's no obligation to buy a new car after selling your old one to us. You can either take the money or use our Part-Exchange service and put it towards your new car. The choice is yours!
What happens if I sell my car with a private plate?
If you have a private number plate, you'll need to complete a V778 form to keep it. You'll then have up to 10 years to transfer it over to your new vehicle - which is more than enough time to help you decide!