The National Association of Motor Auctions (NAMA) has written to the Department for Transport and the Home Office urging the Driver and Vehicle Licensing Agency (DVLA) to modernise the vehicle registration system within auction houses.
NAMA’s letter outlined how delays of up to six months in processing registrations for vehicles sold at auction is creating a costly loophold.
With between 250,000 and 500,000 vehicles in ‘limbo’ at any given time, NAMA suggests this gap hampers...
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