Do You Get a Green Book When Buying a Car?
1 Answers
When you purchase a car with full payment, you will receive a green book. However, the green book can only be obtained after purchasing insurance, paying all taxes such as vehicle purchase tax and vehicle and vessel tax, and completing the license plate registration. Therefore, if you have bought a car with full payment but haven't received the green book, you should check which part of the vehicle's formalities has not been completed. Below is some relevant information: 1. Release of Mortgage: If you used a loan to buy the car, you won't get the green book until the loan is fully repaid and the vehicle's mortgage release is processed. 2. Important Notes: Detailed Vehicle Information. When signing the car purchase contract, clearly specify the car's brand, identification number, engine number, vehicle code (chassis number), and other essential elements of the car itself. Especially, make sure both the vehicle code and identification number are clearly stated to prevent the car dealer from switching the vehicle.