How do you drive a car you just bought home?

As the new owner, you’ll need a transit permit to drive the car home. This will be in the form of a paper plate in place of the permanent plate or a sticker often affixed to one of the lower corners of the windshield. It will be valid ranging from a few days to several weeks.

How long should I wait to buy a car after buying a house?

Wait until the mortgage has been repaid for 5 years, then you will have a bit of cash for a car. If you must have a car now, them buy a 2 year old car. Cars depreciate while houses appreciate, so cars are an absolute waste of money from a logical point.

Can you drive a car after you just bought it?

Can you drive home a car you just bought? Yes, but only if you have insurance. It is a legal requirement that you are insured to drive your new car at any time, even just to bring it home.

How long does the home buying process take?

It takes four to eight weeks from exchange of contracts until settlement. During this time, enquiries and searches are made and documents prepared by your solicitor or conveyancer.

Can I drive a new car home on my old insurance?

If you buy a secondhand car you will need to take out your new insurance policy (or amend your existing policy) before you can drive the car home. Alternatively, you may have minimal insurance cover to drive the vehicle home if you have ‘driving other cars’ permission on your current insurance policy.

Can I drive my car home without tax?

Yes. The law states that a registered vehicle being kept or used on public roads must be both taxed and insured. You don’t need to tax your car if you’re not driving or parking it on a public highway. If it’s kept off road in a garage, on a drive or on private land, it must be declared SORN.

Is a car insured when you first buy it?

Yes. Most insurance companies provide automatic coverage for new purchases equal to the broadest coverage you have on your current or other cars. In other words, if you already have a car insurance policy in effect and you purchase a new vehicle, that policy will cover you for up to 4 days.

Can I drive a car I’ve just bought without insurance?

It’s illegal to drive without car insurance – even if you’re driving your car home having just bought it. Like car tax, dealerships will sort out your insurance before they let you drive your new car home. Most likely, they’ll get you some temporary insurance to cover your journey home. NEVER drive uninsured!