Evening,
Garage takes a trade in, car has say two previous owners. They then sell this on with the same number of owners, i.e. two, by not being the legal owners: I believe it’s called a ‘stock transfer’ or something (or that could be guff).
Anyway, is this a trade only activity or can anyone ‘stock transfer’ a vehicle?
Don’t see why not, a dealer or seller will fill in the V5 part that applies to dealers so although he is the legal owner he is not on the DVLA database as the registered keeper.
Are you a trader ?
Think it’s only a trader that can do it,only way around it for anyone else is to get the current owner to sorn it then you sell it on without using it yourself.
Thanks guys,
Dav1d:
Are you a trader ?
No, just curious and for future reference.
After looking at it a bit more, seems that you will first need a (full-time/part-time) trade insurance policy. When you buy a car, the seller fills in section 9 of the V5C, transfer to trade (I know it was ‘transfer’ something 
) and sends that off to the DVLA.
The car is still held under the seller’s name (you are NOT a new registered keeper) so you cannot drive it on the road without trade plates (not 100% sure on that bit). You can MOT it using your trade insurance and with the new tax rules, you should have one less thing to do.
When you come to sell it, the buyer fills in Part 10 of the V5C (New Keeper’s Details) like normal and sends that off the to DVLA. The car is then registered in the sellers name, with the previous owner being the one you bought the car from.: i.e. you do not add an additional ‘Former Keeper’.
Almost:
Thanks guys,Dav1d:
Are you a trader ?No, just curious and for future reference.
After looking at it a bit more, seems that you will first need a (full-time/part-time) trade insurance policy. When you buy a car, the seller fills in section 9 of the V5C, transfer to trade (I know it was ‘transfer’ something
The car is still held under the seller’s name (you are NOT a new registered keeper) so you cannot drive it on the road without trade plates (not 100% sure on that bit). You can MOT it using your trade insurance and with the new tax rules, you should have one less thing to do.
When you come to sell it, the buyer fills in Part 10 of the V5C (New Keeper’s Details) like normal and sends that off the to DVLA. The car is then registered in the sellers name, with the previous owner being the one you bought the car from.: i.e. you do not add an additional ‘Former Keeper’.
pretty much right there you can drive the car provided its taxed obviosuly i am a part time trader and i fill in the yellow slip the previous owner sends it off which effectivel takes there name off as registered keeper and puts my name as registered keeper but due to the time frame of buying it and selling it there wouldnt be much time to receive a logbook hence why they dont send one its just on there system that your the keeper of said vehicle i also carry my insurance cover note in my wallet just in case i get pulled which has happened