Hi all,
I hope all are doing well under the current circumstances.
My car registration and insurance are about to expire and given the current situation where I am working from home for the foreseeable future, I am wondering if I can suspend my registration and insurance until I can drive to work again.
We have another family car which we can use for the next few months for shopping and other travel needs.
I am in Victoria.
Could use their partner/family members car for the grocery runs since I assume they would be working from home also. Not much point paying for 2 vehicles when you are only using one for foreseeable future right?
If you don't pay registration, you may have to put your car over the pits when you go to re-licence it. Different states are different, but might be more hassle than it's worth
If it stays in the same name and address, then a VicRoads inspection isn't required. Just a RWC if rego is expired more than 3 months.
Have a look at the VicRoads site.
You can certainly not renew the registration, but you need to be aware of what that means for when you want to re-register it.
You could sell the car.
Sure you can suspend your registration and insurance.
When you want to continue you will need a road worthy.
You'll have to register your car all over again
https://www.vicroads.vic.gov.au/registration/new-registratio…
If it's the cost of rego that's the issue consider short term registration.
One thing that hasn't been discussed anywhere that I'm aware of is that holders of a concession card get cheaper rego - worth looking into perhaps.
^ Correct.
OP I'm in the situtation as you, thought I could suspend my car rego when I'm not using it and renew when the virus is over. Nope. We gotta do a whole bunch of steps again.
You can have the car registered but not insured if you don't plan on driving it, just pay a 6 month rego so the fee is less upfront and cancel your insurance until you want to drive it again. Avoids having to get a roadworthy done again when re-registering which would eat up the cost saving of not paying rego.
How old is the car?
if its reasonably new should be easy to get a roadworthy for that without a large cost.
Cancel the rego and re-register it when you need…
For me, I'd sell it while its worth good money.
A roadworthy is $170-$200. Will it save that much in not registering?
Rego's 700ish
depends how long he is talking of keeping it off the road. <2yrs … not worth it, just register it.
car registered but not insured
In Victoria, where OP is located, it's against the law to drive a car unless you have paid for compulsory third party insurance.
Yeah but he said he's not going to be driving it at all as they have another car to use, I suggest paying the rego just to avoid having to pay for a roadworthy check which will eat the savings you would get from not paying rego for 6 months.
I've never heard of this rule and I live in Vic. My car is registered, but not insured and hasn't been for years.
Can you provide evidence to backup this claim?
In Vic it is called TAC and part of the rego fees isn’t it?. In NSW CTP is a separate insurance that must be paid before rego can be renewed. You can’t get rego in NsW without the CTP being paid first.
Yes, that's true. But your statement "it's against the law to drive a car unless you have paid for compulsory third party insurance" is irrelevant in Victoria because CTP is automatically included in rego. So Victorians do not ever think about CTP, it's a non-issue for us. We have to pay rego, that's all there is to it. We don't have to have insurance though. I can legally drive my car without full comp or third party insurance.
im going to wager that the minute you cancel your insurance, your car will get stolen
not going to be driving it at all
Compulsory Third Party insurance is a requirement for the registration of any vehicle in Victoria
Whenever you renew your registration in Victoria, you’re required by law to pay compulsory third party (CTP) insurance. This is automatically included in your registration fee.
If you wish to cover your car for fire, theft etc, while not being used, some companies, e.g. Shannons, offer laid up insurance. Covers your car at a much reduced cost. If the car you are wishing to take off the road is worth much, it may be worthwhile looking into this.
Is your car parked off the public road? An unregistered vehicle on a public road can be towed.
Thank you, everyone.
To answer a few questions:
The car is 5 years old.
Rego is around $820 and insurance is about $2,000.
It is parked in a secure garage in my place.
Seems the best option is to keep it registered and pay for the insurance.
insurance is about $2,000.
What is it a rolls royce?
That doesn't sound too bad for comprehensive insurance. I had a car with agreed value at $10,000 and it cost me $1,000 a year for insurance.
Couldn't you insure it for just third party, fire & theft to save on that. The $2k must be comprehensive yeah? Just do a 6mo insurance plan
Rent it out…
https://www.drivemycar.com.au/listyourcar
Your car must be:
Up to 15 years old car
Less than 150,000 kilometres
Pricing when new under $75,000
Well maintained with up-to-date servicing
Registered with appropriate CTP insurance
Vehicle must be available for rental periods of at least seven consecutive days
I look back at all rentals I've taken, I wouldn't let any random drive my vehicle. Even if more than 15 years and more than 150kkm.
Suspends/Cancels Rego
Suspends/Cancels Insurance
Car is stolen from Driveway…
Tree Falls on Car…
No Cover as car is uninsured and unregistered
OP you can let the rego expire and you still have 3 months to renew it. Maybe do that, then decide before the 3 month mark whether you want to keep or sell it. You could always renew the rego at that point if you want to sell it registered.
https://www.vicroads.vic.gov.au/registration/renew-update-or…
That's true, but if you renew your rego within the 3 months of expiration you basically lose that 3 months (i.e. your rego will still expire on the same day next year).
It just takes that "One time" and a spot of bad luck
don't you still need car to buy groceries, service car, etc?
we're still not under full lock down like Wuhan.