Can Rego and Insurance Be Put on Hold Due to Car Not in Use Due to Lockdown [VIC]

Wombatt on 09/09/2021 - 09:29
Last edited 09/09/2021 - 10:02 by 1 other user

Hey folks,

I've got a car in Melbourne that is not being used at all due to lockdown, it's being kept in a locked garage but its rego and insurance is due this month. The car is probably worth less than $5,000 and just has third party insurance, I will probably try and sell it once lockdown ends to be honest.

Just wondering if there is any way to put the insurance and rego on hold at all?

To my knowledge the rego is not really possible without getting a RWC afterwards but I could be wrong.

I have access to another car to go to shops etc. so don't need to move or use this car at all.

Thanks

Automotive

Comments

  • jjjaar on 09/09/2021 - 09:33
    +3

    Not sure about putting it on hold but can you switch to quarterly payments for the rego so you’re not paying the whole year up front?

  • urahara on 09/09/2021 - 09:48
    +4

    Sell it . Sold mine too.

  • notJV on 09/09/2021 - 09:53
    +1

    I stopped my car's insurance last but kept up with quarterly Rego payments.

  • jimbobaus on 09/09/2021 - 09:56
    +3

    Rego: Can not be put on hold but you can switch to 3 or 6 month rego (need to do it at least 7 days before its due though)

    If you let the rego lapse by more than 30 days you will need a RWC to re-register it when you decide too.

    Insurance: Call them and tell them its not being used, they might offer to reduce your premium

    • Typical16-bitEnjoyer on 09/09/2021 - 11:54
      +1

      30 days? I thought it was 3 months. Can't seem to find the answer on VicRoads website either.

      • bdl on 09/09/2021 - 12:02

        I think it's more than to re-register it, you need to have a current RWC.

        Given that RWCs only last a maximum of 30 days (see: https://www.vicroads.vic.gov.au/registration/roadworthiness/… under "Getting a Certificate of Roadworthiness"), that's where the 30 day requirement may come in?

      • hellobargain21 on 09/09/2021 - 15:39

        yeah use to be 3 months, not sure if its still the same.

        • jimbobaus on 09/09/2021 - 22:27

          You are right.
          After 3 months rego is “cancelled” and then a RWC is needed. Sorry for my confusion.

          • hellobargain21 on 09/09/2021 - 22:50

            @jimbobaus: Yeah and the registration is still dated the same not when you paid for it. So really no point your still paying for a service you didn't use.

  • oscargamer on 09/09/2021 - 10:17
    +1

    Sell now

  • Euphemistic on 09/09/2021 - 11:02

    You can stop insurance any time, but it won’t be covered at all. TPP is really only effective if you drive it unless it has theft cover. Are you willing to risk losing $5k if someone steals it?

    Rego, you can choose not to pay it, but it will become unroadworthy at sale time.

    Make your choice. Pay rego and insurance now or spend more time and effort later to register.

  • wallet72 on 09/09/2021 - 11:33

    In NSW you need a roadworthy to register it (over 3 year old cars) - is that the same inspection you would do if you were trying to register an unregistered car?

    • Euphemistic on 09/09/2021 - 11:56
      +1

      No, but basically yes.

      Out of rego cars get a blue slip which includes a vehicle identity check and possibly slightly more stringent inspection.

      • wallet72 on 09/09/2021 - 12:40

        ah ok, but basically in Covid times when I'm not driving I could just let the rego expire, then get a roadworthy and blue slip when I need the car again? It doesn't mean I have to take it to somewhere special and have them crawl all over it?

        If that's the case, I'd be inclined to do that if my rego was about to expire. Although there's probably some insurance gotcha about it being unregistered.

  • freefall101 on 09/09/2021 - 12:28
    +1

    Used car prices are ridiculous at the moment, I'd definitely sell it now.

    There's so many uber drivers around at the moment that when I need to go anywhere (it's rare) they're here in a couple of minutes.

    • notJV on 09/09/2021 - 12:59

      Whats the driver behind used car price jack ?

      • kathmandu-jeff on 09/09/2021 - 14:34

        New car sales not keeping up with demand due to COVID/computer chip shortage. This pushed up the cost of new cars which also raised the price of used cars.

      • Euphemistic on 09/09/2021 - 15:19

        I see what you did there. Called him jack to stop the freecall.

      • netjock on 09/09/2021 - 15:32

        In lock down people have no where to spend it.

        There is no demand for cars in lock down if you are not going anywhere.

  • MITM on 09/09/2021 - 12:45

    While you still have the car your rego gives you access to the road network - same as the other car you use. Which car you use to access the road network is your choice but you still have to pay for the access via your rego.
    Much like electricity or water, turning off (choosing not to use) the switch/tap doesn't mean you don't pay the daily access charge.
    Cancel your rego if you don't want to pay it anymore and put your car on blocks in your garage.
    And of course, you can cancel your insurance anytime as others have said.

  • Mechz on 09/09/2021 - 13:18
    +1

    There should be a pinned item in the forums covering this, has to be the 50th time someone has asked about it.

  • Trying2SaveABuck on 09/09/2021 - 17:31

    No neither can be put on hold

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