Hp give car back help

[Streamliner]

Today, 17:37:PM
email from advantage finance, I am in the process of giving car back as I have paid 50%... They want me to say I have sold car to this auction address and v5 will go to them from dvla , should I be worried?, I don't want them ro say there was a short fall as I sent them the legal beagle template to say I had paid over 50%. This is the email...
V5 Logbook instructions



The quickest, easiest and most reliable way is to go online.



Go on mobile, tablet or PC - www.gov.uk/sold-bought-vehicle



Click on ‘Start Now’



Step 1 – Are you a motor trader. Answer – No.



Step 2 – What have you done with your vehicle. Answer - Sold it



Step 3 – Did you sell the vehicle privately, or to a motor trader?. Answer - Sold it to a motor trader



Next step – Click the box, ‘Tell DVLA’



Next step – Trader name and postcode, (Shoreham motor auctions, chartwell Road,Lancing, BN15 8TU)





Next step – Enter Vehicle Registration and Document reference number from V5 (the number on your V5 in the position highlighted below)





All done, the vehicle is passed to trade. Liability in terms of DVLA removed from yourself.

VIA the post



Alternatively, you can do it via the post, complete the V5 manually and send back the yellow slip to the DVLA.



Please make sure, ONLY the yellow slip is completed and the rest of the document kept with the car, the part marked below is the ONLY part to go to the DVLA.







The DVLA will then process this once received and respond accordingly.



Thanks in advance.

[Streamliner]

Ps. I am taking the car to there designated garage Friday, they have told me they have cancelled the DD, can anyone please let me know about if the above is OK to do as I'm a bit concerned, I don't want them to give me a big bill as the car is low milage and in great condition for age.

[R0b]

I don't see it as an issue, all you are doing is changing the registered keeper from yourself to the auction house. If yon don't notify DVLA that you have got rid of the car you may be on the hook for speeding fines, parking tickets or other offences so I know what option I would choose.

[Streamliner]

Thanks Rob, that's that sorted then, the reason I asked is because I would have to say I sold it to an auction house and in my mind I thought this would admit that I wanted it to be auctioned and pay the shortfall... But you have put my mind at rest, thank you for replying Rob, your my hero, cheers.

[R0b]

Just make sure to keep a record of that email in case there is an issue, and don't delete it until this is resolved. Not suggesting there will be because Advantage have told you to do this but keep it as evidence of your instructions from them.

[Streamliner]

Dropped the car off today, they just asked for the keys, didn't look around the car or nothing?... Very strange lol.

[Streamliner]

Just a quick update, I have not heard nothing at all from finance company since I dropped car off on the 2nd, should I have?... Or am I the luckiest man alive lol