My company is selling the van to me. What do I do?
The question
My company is selling the company van to me as a private individual. What are the steps?
1. Do I send the logbook to Dept of Transport as normal just stating company name as seller and my name as buyer?
2. Do I have to change the van tax from commercial to private?
3. I call insurance to change company insurance to private?
Anything else I have to do?
Asked by Dan Gallagher ·
Expert answer
Hi Dan,
Looks like you’re on the right track, yes. The change of ownership may be possible online if the van has the newer digital VRC (vehicle registration certificate - i.e. the logbook) and needs to be done by the company.
If you plan on using the van for any private use whatsoever then yes, you will need to change the motor tax, which is done at your local motor tax office. Note that the rate depends on the engine size of the van and that you’ll need insurance before you can do that.
I’d suggest looking into the insurance before you do anything else, as it can sometimes be tricky finding private insurance on a commercial vehicle.
Answered by Shane O' Donoghue