What are the rules for trade plates?
What are the rules? Trade plates must be used only for the particular business purposes for which they were issued. It is an offence to use more than one vehicle under a trade licence at any one time, and to keep a vehicle on a road when not in use except in certain emergency situations.
Do I need Traders insurance?
Even if you only sell a few cars each year to make a profit, you need a traders’ insurance policy to stay road legal. That’s because running a motor trade business requires the vehicles in your possession to be insured.
What does trade plates cover you for?
Motor trade plates show that a vehicle is being used temporarily for trade purposes. They are suitable for any vehicle that is temporarily in your possession; allowing you to drive without registering and taxing it first.
Should trade plates cover number plates?
trade plates should not cover the vehicle’s existing number plates as this could have a negative impact on road safety and enforcement.
Can I drive my own car on a traders policy?
The short answer to the question, can I drive a car on traders insurance, is no. Unless you have a motor trade business, you will not qualify for a traders insurance and cannot drive vehicles that are not registered in your name. However, having a traders insurance is not the same as your personal car insurance.
Does trade insurance cover uninsured cars?
To summarise, yes you can drive an uninsured vehicle that was uninsured prior to you driving the vehicle, which is now insured because your motor trade insurance policy details that it is.
Can a Sorn car be driven on trade plates?
SORN cars on trade plates do not require road tax and the insurance would be covered by your motor trade insurance policy. However, it is still illegal to drive a SORN vehicle unless you are driving it to or from a pre-booked MOT testing centre.
Can you carry passengers with trade plates?
Trade plates should not be used on a vehicle that is carrying passengers for hire and reward as the purposes for a trade licence being issued does not allow passengers to be carried on a commercial or personal basis.
Can I drive a car with no MoT on trade plates?
You shouldn’t test drive a car with no MoT because it’s on trade plates, the only reasons this vehicle can be driven are to/from an MoT or to test the condition of the car when it’s undergoing repair work. If caught by the police, you could get into trouble for driving it when you know it doesn’t have an MoT.
Do traders have to tax cars?
Trade plates should be used if the vehicle is used on the road for test drives, delivery etc. There is no requirement for a dealer to tax a vehicle in their stock unless they want to use it for example as a staff car.
Can anyone get a traders policy?
To be eligible for a motor trader policy, you must provide proof that you operate within the motor trade industry. So, if you run a business that is related to either cars, vans or motorbikes and involves servicing or even selling vehicles, you would qualify for a motor trader policy.