psychopomp1
Prominent Member
- Joined
- Nov 19, 2007
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Hi,
I will be travelling abroad next Sunday (28/2) as I’m starting a new job in the Middle East. I pay my car’s VED by monthly direct debit and next payment is due on Mon 1st March. I will be keeping the car off road in my garage whilst I’m away. I could continue paying the VED but it’s money down the drain since car won’t be used at all so planning to SORN it. Currently paying around £40 each month as car has a list value of > £40k.
Couple of questions:
1) If I declare SORN on Friday 26th online I guess the DVLA won’t be able to stop the direct debit due to come out on the 1st? In which case I’ll ask my bank to cancel the DD as in the past they’ve managed to cancel a DD 1 day before it’s due (BT). I don’t want to declare SORN on my car until I’ve got a negative PCR COVID test result (required to travel abroad) and the earliest this can be done is on Friday 26th. Otherwise I’m assuming if I was to declare SORN any sooner then it would take effect from that date despite having paid VED up until 28th Feb?
2) The car is currently on PCP but planning to pay off the outstanding finance a few months later (whilst still abroad) and then on my next return to UK (around 6 months) sell the car to a local showroom for cash. So I will need to tax it again in order to drive it to the dealer and for them to test drive it. So if I was to tax the car online on the 15th of the month (for example) and chose the monthly DD option, would the first payment be taken almost immediately or on the 1st of the following month? I’m guessing it would be immediately in order to cover the VED for that month and future payments ( if applicable)would then be on 1st of each month?
thanks!
I will be travelling abroad next Sunday (28/2) as I’m starting a new job in the Middle East. I pay my car’s VED by monthly direct debit and next payment is due on Mon 1st March. I will be keeping the car off road in my garage whilst I’m away. I could continue paying the VED but it’s money down the drain since car won’t be used at all so planning to SORN it. Currently paying around £40 each month as car has a list value of > £40k.
Couple of questions:
1) If I declare SORN on Friday 26th online I guess the DVLA won’t be able to stop the direct debit due to come out on the 1st? In which case I’ll ask my bank to cancel the DD as in the past they’ve managed to cancel a DD 1 day before it’s due (BT). I don’t want to declare SORN on my car until I’ve got a negative PCR COVID test result (required to travel abroad) and the earliest this can be done is on Friday 26th. Otherwise I’m assuming if I was to declare SORN any sooner then it would take effect from that date despite having paid VED up until 28th Feb?
2) The car is currently on PCP but planning to pay off the outstanding finance a few months later (whilst still abroad) and then on my next return to UK (around 6 months) sell the car to a local showroom for cash. So I will need to tax it again in order to drive it to the dealer and for them to test drive it. So if I was to tax the car online on the 15th of the month (for example) and chose the monthly DD option, would the first payment be taken almost immediately or on the 1st of the following month? I’m guessing it would be immediately in order to cover the VED for that month and future payments ( if applicable)would then be on 1st of each month?
thanks!