So any guesses as to how much an SVA'd locost chassis is worth
With not having much luck selling my locost(yes i appreciate its not the right time of year) i'm thinking of breaking it and selling the bits.
However once all the shiny bits have gone i'll be left with a chassis with a valid VIN and V5 etc.
What if any are the legal issues of selling the chassis?
cant think of any as long as the chassis goes with the docs
Better than using a dutton reg
how much are you asking for the car
When you dismantle a car you have to tell the DVLA that it no longer exists, so there would be no way of transferring the ownership of the
indentity.
Maybe if you just took the engine out that would be ok?
quote:
Originally posted by mangogrooveworkshop
how much are you asking for the car
quote:
Originally posted by interestedparty
When you dismantle a car you have to tell the DVLA that it no longer exists, so there would be no way of transferring the ownership of the indentity.
Maybe if you just took the engine out that would be ok?
quote:
Originally posted by interestedparty
When you dismantle a car you have to tell the DVLA that it no longer exists, so there would be no way of transferring the ownership of the indentity.
Maybe if you just took the engine out that would be ok?
I think you may have blown the potential buyer, his last log on was 13 October.
Could you sell the parts for close to the advertised price? Most LCBer's are tight arses (vultures!) looking for a bargain.
Seems a shame to break a nice car.
IVA'd chassis with number plate is worth quite a lot really.
Cost of IVA, cost of retest, cost of registration.
The only problems I see are that the MOT date would be 3 years after IVA, and you would have to update the records (i.e. engine number, and colour).
The major issue (to my mind) is that a car built from an IVA'ed chassis wouldn't have an IVA test, so things like build quality, brake
efficiency, etc. etc. would be untested, so I guess it would make sense to get an MOT once the car is finished.
Sounds like a very good way of getting as much money as possible for your car.
Matt
All perfectly legit...
To retain its identity and not become a 'radically altered vehicle', you must have more than just the original chassis. You need at least 8
points from thefollowing list:
quote:
The following values will be allocated to the major components used:
•chassis or body shell (body and chassis as one unit - monocoque ie direct replacement from the manufacturer) (original or new) = 5 points
•suspension = 2 points
•axles = 2 points
•transmission = 2 points
•steering assembly = 2 points
•engine = 1 point
So legally there shouldnt be an issue as long as the chassis leaves my sight with the running gear VIN & V5 all intact.
[Edited on 29/10/10 by Gav]
quote:
Originally posted by matt_claydon
To retain its identity and not become a 'radically altered vehicle', you must have more than just the original chassis. You need at least 8 points from thefollowing list:
quote:
The following values will be allocated to the major components used:
•chassis or body shell (body and chassis as one unit - monocoque ie direct replacement from the manufacturer) (original or new) = 5 points
•suspension = 2 points
•axles = 2 points
•transmission = 2 points
•steering assembly = 2 points
•engine = 1 point
http://www.direct.gov.uk/en/Motoring/BuyingAndSellingAVehicle/RegisteringAVehicle/DG_10014199
thats for registration purposes, not for private resale etc
you can strip it to just the bare metal chassis should you wish, no suspension, nothing, and sell that with the V5
if it was illegal then we wouldnt be able to sell bike frames with V5, just the same thing
Like with Land Rovers, Range Rovers, Isuzu etc the log book goes with the chassis and perfectly legal. NO RUNNING GEAR HAS TO BE ATTACHED.
Ok, thanks chaps
So any guesses as to how much an SVA'd locost chassis is worth
quote:
Originally posted by tony-devon
thats for registration purposes, not for private resale etc
you can strip it to just the bare metal chassis should you wish, no suspension, nothing, and sell that with the V5
if it was illegal then we wouldnt be able to sell bike frames with V5, just the same thing
quote:
Originally posted by Gav
Ok, thanks chaps
So any guesses as to how much an SVA'd locost chassis is worth
quote:
Originally posted by loggyboy
quote:
Originally posted by tony-devon
thats for registration purposes, not for private resale etc
you can strip it to just the bare metal chassis should you wish, no suspension, nothing, and sell that with the V5
if it was illegal then we wouldnt be able to sell bike frames with V5, just the same thing
If that was the case no one would ever have to do the 'radically altered' method as they woould always start with a registered vehicle.
[Edited on 29/10/10 by loggyboy]