Frequently Asked Questions
How to sell my car in Newcastle with Bristol Street Motors
Selling your car to Bristol Street Motors in Newcastle could't be easier! Firstly, enter your vehicle registration into our handy online tool. You'll receive a free, instant valuation for your car that's valid for seven days. Next, book an appointment at your local dealership, where a member of our team will inspect your car and process the paperwork and payment. It really is that simple!
What paperwork do I need to sell my car in Newcastle?
There are a few things to remember to bring along to your dealership appointment:
- Your driving licence
- A bank statement addressed in your name to your current home address, dated within the last three months
- The vehicle logbook (V5C) with your name on it
- Any service history records
- A valid settlement letter showing the outstanding finance amount (if applicable)
- All keys, including spares
- Any accessories related to the use of the vehicle, for example, the user manual or locking wheel nut key
What to be careful of when selling a car
Please ensure you provide accurate information regarding the condition of your vehicle. If the vehicle is not as described, your valuation figure could change. It is also important to remember the relevant paperwork when you attend your dealership appointment.
What do I do with the V5C when I sell my car to a dealer?
You will need to bring your V5C logbook with you when you visit the dealership to sell your car. We will ensure the correct sections are completed and will take care of the rest.
Can I sell my car from anywhere in Newcastle?
Yes, you can. Start by getting your online valuation. Then, visit your nearest Bristol Street Motors dealership to complete the sale. View Bristol Street Motors dealerships in Newcastle.
Is selling a car with Bristol Street Motors free?
Yes, it's free to sell your car to Bristol Street Motors. There are no admin fees or hidden costs to worry about.
Is it worth selling my car to a dealer?
At Bristol Street Motors, we guarantee an accurate valuation for your vehicle, based on current market conditions. You can rest assured that you're getting a fair deal, and we will take care of all paperwork for your convenience. Plus, while you're at your local dealership, you can find a great deal on your next car by checking out our range of new and used vehicles.
How much time does it take to sell my car with Bristol Street Motors?
Selling your car is quick and convenient at Bristol Street Motors. We'll give you an instant valuation for your vehicle online. This valuation is valid for seven days. Your dealership appointment should take around an hour. Once the paperwork has been processed, you should receive your payment within three to five working days.
How and when will I be paid for my car?
Once all the necessary paperwork is complete, your payment will be processed. The money should arrive in your account via BACS transfer within three to five working days.
Can I sell my car on finance?
Yes, you can, and easily with Bristol Street Motors. The process will vary between finance types, but that's what we're here to help with. Enlisting our help will get you one step closer to complete peace of mind when selling your car.
If I sell my car, can I keep the insurance running and my number plate?
Keeping your private registration plate is fairly straightforward. Start by applying to the DVLA with a V778 form. Once you have the documentation confirming your ownership, you then have up to ten years to assign it to another car.
Running old insurance on your old car is never advised. You get no benefit from it and if a new driver gets into an accident while your insurance is still running on the car, you could be liable. A quick phone call to your insurer should be able to sort it out in a few minutes.
If I sell my car, do I have to pay taxes in the UK?
Private car sales are currently exempt from Capital Gains Tax (CGT) and so you won't have to pay any CGT on your sale. CGT is applied to profits of specified possessions over £6,000.
Possessions such as:
- 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?
Sure! Once you sell your car to us, you are not obliged to buy your new one from us. We are only here to guide you for as long as you need us.
What happens if I sell my car with a private plate?
Having a private plate just means you have another step on your selling journey. We have a couple of options for you:
- Ownership of the plate can be given to the buyer of the vehicle.
- You can apply to the DVLA for a V778 retention document to keep the plate.
Once you have confirmation from the DVLA that the registration plate is yours, you have up to ten years to assign the plate to another car. Which is plenty of time, even if you want to store it for a while.