Don’t Have a Licence but Want to Buy a Car - Can You Do It?
Believe it or not, you actually can! Although you are not legally allowed to drive the car yourself on a public road, you are able to own one. This is great news for learner drivers who wish to purchase a vehicle in the meantime while they wait to pass their tests. It’s also great for people who don’t have licences but have the finances to purchase a vehicle for a loved one.
Can you register a car without a driver’s licence?
Yes, you can. You are legally allowed to own a vehicle in your name, as long as you have a valid ID.
Can you insure a car in your name without a driver’s licence?
The short answer, is no. Because it is illegal to actually drive the vehicle yourself if you don’t have a licence, the logic is that you would not be driving the car, and therefore will not need insurance. Insurance providers also take the length you’ve had a driver’s licence into consideration when quoting on premiums, as this is one of the key risk factors in your personal assessment. If the car is for someone else who does have a valid driver’s licence, you can insure the car in their name, which is important to note if you are going to require financing for the vehicle.
Can you finance a car without a driver’s licence?
Unfortunately, not. Banks require all vehicles under financing to be insured with a legitimate service provider for the whole period they are financing it. This is so that they can be sure that, in the event of an accident, they are able to retrieve the money they’ve spent. Once again, if you are buying the car for someone else, who does have a valid driver’s licence and can be insured, then they would be able to get financing if cash is not an option.
Can you buy a car that doesn’t have a valid licence disc?
You can, but why would you? If you’re looking to purchase a second-hand car and come across one that does not have a valid licence disc, the first thing you need to ask, is why? The Seller will need to have a very good reason for this. It could mean many things – that they didn’t have the money to do so (but then have they been maintaining the car properly?); it could mean the car is stolen or that it’s from over the border and not registered (major alarm bells here); or it could be a Frankenstein car – re-built after a very serious crash with all sorts of other parts.
If the car is unlicensed for a long time, it may actually have been deregistered, which means you could also have endless issues trying to get it registered with NATIS again. This means you will need to put it through roadworthy, a new microdot application and you’ll need to get a police clearance before you can register it. Keep in mind as well, that even if the car has not been deregistered, you may have to back-pay all the outstanding fees, along with a penalty. All of this aside, the simple fact is that it is illegal to drive an unlicensed vehicle on a public road, so you wouldn’t be able to drive it anyway! It is a very risky choice to buy an unlicensed vehicle.
We hope you found this article useful! Before you purchase a car without a valid driver’s licence, make sure that you consider all the facts.