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Clarification of V5 details on HPI check

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Can someone tell me please, what is the difference between the date of first registration and the V5 registration document issue date?

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Date of first registration............when car was first registerd new

v5 issue date................................date v5 was issued to current owner

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Thanks, that helps. I was thinking it meant the date that the V5 was originally issued (when car was new) as opposed to current owner.

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