28-11-2014, 04:00 PM
(25-11-2014, 10:13 PM)SRowell Wrote: Hi Guys,
Just thought I would share my plans and see if anyone had any advice or suggestions.
stripping it all out and fitting a cage and going proper race car.
March - October
Come late spring I will be able to get the 1.8 back on the road and put the estate into storage. Once in storage I can git a FMIC and stage 2 the estate whilst using the 1.8 as a daily ....... Apart from having 2 MOTs and swapping the insurance and sorting out 6 months of tax for each car Thoughts?
Hi,
I've mentioned elsewhere that taxing a car for six months is uneconomic. DVLA add 5% for the priviledge. On a £200 pa VED, that is two lots of £110. Also, if you surrender the disc, you only get a pro-rata refund of the £100. Even if you surender the day after you take the tax out, they will keep the full £10. Better to tax it for 12 months, surrender after 6 months, get £100 refund.
I have not factored in any credit charges if you pay monthly, as I have no idea how they calculate them. I wonder if DVLA have a money lenders licence? If so, they should provide full details to prospective borrowers.
Check whether your insurers penalise you for changing vehicles.
I can't quite get my head around how to get a 13 month MOT, if the car isn't insured, no doubt it can be contrived. My insurers (LV=) allow me to drive "any other car", even if it is not insured ... but some insurers don't. OK, you hopefully won't fail an MOT, but it would be a pain if you did, and you had to transfer everything back to the other car.
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