Hi,

Me & my brother are swapping cars, both cars are the same year & relatively the same value. We are simply swapping as his car is an estate and better for my large dog and my car better for him as his daughter (my niece) can only drive automatics and mine happens to be an auto.

I'm just confirming the taxation side of things. I pay DD monthly on my car (so kind of runs from month to month) whereas my brother has paid for the full year upfront on his car. His car tax is paid up till May 2019

I'm planning on doing the transfer of ownership/sale online via DVLA website while I am at my brothers (he lives 30 miles away). I am assuming when I do the transfer online for both cars it will automatically cancel my tax DD with respect to my vehicle and as for my brothers car he will be refunded for his car tax for each clear month by the dvla ?

We will then need to both re-tax the cars again from kinda scratch?

Is this the correct procedure? To be honest I've never sold a car since the new car tax system. Obviously we will update our respective car insurance's at that time too.

Thanks in advance ;-)

You are both selling your vehicles to the other and each,must follow current legislation.

I always wondered if this swap could be done at midnight of the last day of the month to avoid losing a paid month.

Thanks all for help & confirmation ;-)

I always wondered if this swap could be done at midnight of the last day of the month to avoid losing a paid month.

Yep,we are doing it at end of month to avoid losing any days etc ..as no hurry for both of us, seems a plan

Let us know if it works.

I would prepare the two forms online on 2 different computers and click on submit at exactly midnight.

As there could easily be a computer glitch, doing it at midnight could unfortunately result in a loss of the next month's refund.

I suggest that, providing that you both have off road parking at the propsed place of transfer (at your brother's according to post#1), you each do a SORN on the 30th when you have finished using the individual vehicle.

You then can take your time doing the ownership transfer and retax the 'new' vehicle on 1st.

I think that's a better idea Gick.

No risk to be done over by DVLA.

As long as the cars are off road for the few minutes/hours it is guaranteed not to charge for the whole month.

As there could easily be a computer glitch, doing it at midnight could unfortunately result in a loss of the next month's refund.

 

I suggest that, providing that you both have off road parking at the propsed place of transfer (at your brother's according to post#1), you each do a SORN on the 30th when you have finished using the individual vehicle.

You then can take your time doing the ownership transfer and retax the 'new' vehicle on 1st.

sorry I just noticed this reply - that's a great idea!n no losing out on any tax & probably less hassle, cheers @Gick