16-05-13, 09:49 AM
:agree
If you want to keep the tax disc, you'll have to insure the bike.
If you want to SORN it, you have to surrender the tax disc. This would give you 11 months refund (approx £43), then when you sell the bike, retax it for the buyer using their insurance and the new keeper section of the V5. That way the buyer get a full years tax and it's only cost you about £4 instead of however much it would be to insure it.
If you want to keep the tax disc, you'll have to insure the bike.
If you want to SORN it, you have to surrender the tax disc. This would give you 11 months refund (approx £43), then when you sell the bike, retax it for the buyer using their insurance and the new keeper section of the V5. That way the buyer get a full years tax and it's only cost you about £4 instead of however much it would be to insure it.