Does a New Car Transfer Count as a Used Car?
1 Answers
There are two scenarios for new car transfers, detailed as follows: 1. No change in vehicle owner: If a brand-new car is transferred under the same name without a change in ownership, it remains a first-hand car. This is because if the owner remains the same but the vehicle is deregistered due to relocation out of the jurisdiction of the vehicle management office, it is considered a transfer rather than a legal ownership change, so the car is still classified as first-hand. 2. Change in vehicle owner: A used car refers to a vehicle that has been sold and transferred from one owner to another. As long as there is a change in ownership, even if the new owner has the same name, the car is considered used.