You've shaken hands, settled on the price and the money's been handed over. It's a done deal, so now you need to organise the paperwork to transfer legal ownership of your car to its new owner. It sounds daunting, but is really very simple:
- The registration document is the key piece of paper. Called a V5, the document shows who owns the car. Follow the simple steps given on the V5 to fill in who is the new owner (referred to as the New Keeper) and when you sold the car.
- There's an option to fill in the car's current mileage on the V5 registration document and it's a good idea to fill it in. This helps the DVLA prevent fraud by 'clocking' a car's mileage to show it's covered fewer miles than it really has.
