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Selling a car with no mot or tax

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I've just sold a car that had no mot and hasn't been driver for over 12 months. The buyer has arranged for a local man to collect and drive it 100+ miles to his address ( not on a trailer) he says the man can do this as he has traders insurance but I am concerned on two points.

1 the car has two bald tyres as well as other mot failure points.
2 what do I do with the V5 as the new owner won't be here to sign it therefore I guess I'll have to send it with the car and hope he sends it off to DVLA.

Would really apreciate someone putting my mind at rest.

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