I'm trying to work out the most cost efficient way to transfer a personal reg plate to another car, but its proving very difficult.
I own a car with a private registration.
The car is insured, MOTed and taxed.
I now want to sell this car and keep private registration.
To sell the car i need to keep it insured so I can offer test drives and generally use up until the day its sold.
I also own a second car (with V5) which I want to transfer the registration too. This car is on private land and SORN with no insurance as I can't afford to insure both at the same time. Will transfer insurance from the first car to this after its sold and then apply for road tax.
Problem is, I can't transfer the registration to a car thats not taxed and insured.
To retain the number its going to cost £105 but i dont see why I should spend that considering I own both cars and plate with everything to be swapped over after the sale of the car. Seems crazy to have to pay for the privilege.
I suppose I could insure the 2nd car for only a few days, just to process the tax and transfer procedure, but that too is going to be very expensive.
So, I'm in a bit of a quandary as to know what to do.
Any advice people.