1. Is the V5 registration the same as a "title" AND "registration" in the US, or does the UK have a title document as well as the V5 registration?
>>>It's V5 only.
2. It is my understanding that the MOT and taxes can be transferred to the new owner of a vehicle, so if I find something that is current on both....I only need to change the registration?
>>>Correct.
3. Are number plates transferrable to a new owner, or do I have to get those made too?
>>>The registration number / plate goes with the vehicle.
4. How long...really...does it take to get the updated registration docs (and/or title) once you buy a used vehicle....and do I need a local (UK) address?
>>>Takes up to a couple of weeks to get an updated V5. But you will need a local (UK) address.
5. It's my understanding that to permanently export a vehicle, all I have to do is notify the DVLA by sending in the V5C/4 section of the V5 document....?
>>>As I understand it, yes correct. I'm about to export mine to France and that's what I will be doing. Probably need to check on the country you are exporting to as in France for example grey imports would not be allowed and over 100 bhp will also be tricky to re-register there.
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