G
goz83
Guest
Hi. I'm buying a 06 scooter (suzuki katana) for a very good price from a friend today. It is a great buy with less than 700klm on the clock and has not been used for the best part of a year.
The problem is this: My friend bought the bike brand new from well known dealer in 2006 and never received the log book. He also never tried to get it due to lazyness. He was insured for a year and NEVER TAXED the bike! So i'm about to buy it but it hasn't been taxed at all. I would like to rectify this and was wondering how to go about it. Is it best to sort out the tax first and then transfer ownership. Or should i first track down the log book, transfer the ownership and then deal with the tax? What way will it work? Will arrears need to be paid?
The bike is only really being bought as a run around. I have the car for the rainy days. As i'm only paying 500 for the bike i'll be left with any other expenses so i'd like to avoid this.
The problem is this: My friend bought the bike brand new from well known dealer in 2006 and never received the log book. He also never tried to get it due to lazyness. He was insured for a year and NEVER TAXED the bike! So i'm about to buy it but it hasn't been taxed at all. I would like to rectify this and was wondering how to go about it. Is it best to sort out the tax first and then transfer ownership. Or should i first track down the log book, transfer the ownership and then deal with the tax? What way will it work? Will arrears need to be paid?
The bike is only really being bought as a run around. I have the car for the rainy days. As i'm only paying 500 for the bike i'll be left with any other expenses so i'd like to avoid this.
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