How Long Does It Take to Transfer a Company-Owned Vehicle to an Individual?

[LawsonDella]

Company license plates cannot be transferred. If the vehicle owner has held the vehicle for at least 3 years, they can apply to retain the license plate for 6 months when transferring or scrapping the vehicle. During this period, the owner can purchase a new vehicle and apply to use the previous license plate. According to traffic regulations, license plates cannot be transferred as they are considered national public property and do not belong to any individual or group. Vehicle owners only have the right to use the license plates, not ownership, hence they cannot be transferred with the vehicle. Additional information: Required documents for vehicle management office transfer: 1. Original copy of the "Motor Vehicle Registration, Transfer, Cancellation/Import Application Form." 2. Original and photocopy of the current vehicle owner's identity proof. 3. Original or photocopy of proof of motor vehicle ownership transfer. Among these, the used car sales invoice, "Notice of Assistance in Execution," and allocation certificates issued by state organs, enterprises, institutions, and social organizations must be original. 4. Original copy of the "Certificate of Release from Supervision of Customs-Regulated Vehicles" or customs-approved transfer certificate (for customs-regulated motor vehicles). 5. Original vehicle registration certificate. 6. Original motor vehicle inspection record form (with standard vehicle photo and chassis number rubbing attached). 7. Original motor vehicle registration certificate. 8. One standard vehicle photo. 9. "Power of Attorney" and agent's identity proof (for motor vehicle registration and related business handled by an agent).

[CameronRose]

As someone who frequently deals with used cars, I think transferring a company-owned vehicle to an individual doesn’t take too long—the key is having all the paperwork in order. Generally, if the company cooperates by providing a stamped copy of the business license, a letter of authorization, the vehicle registration certificate, ID card, and other required documents, both parties can go to the local DMV to complete the process. If the queue moves smoothly, the transfer registration can be done on the spot, taking about half an hour to an hour. However, if there’s a crowd or missing documents, it might take a few days. Remember to clear all traffic violations and outstanding fees before the transfer and also transfer the insurance to the individual’s name to avoid future hassles. Overall, from preparation to completion, three to five days is common, provided everything goes smoothly—don’t take it lightly.

[BriannaRose]

I once helped a colleague transfer a company car to personal ownership, and the entire process actually took three days. On the first day, the company issued proof and authorization documents. On the second day, I went to the tax bureau to verify tax records and ensure there were no unpaid taxes. On the third day, I queued up at the vehicle management office in the morning to submit materials, including both parties' ID cards and vehicle documents. After the staff checked and confirmed everything was correct, the transfer was completed immediately. The cost was around 400-500 RMB. With all materials ready, it can be done the same day at the fastest, but company-owned vehicles often have additional verification details, such as verifying the authenticity of the company's seal, so it's safer to allow some extra time. After the transfer, don't forget to update the insurance and compulsory traffic insurance under the personal name, as this affects future claims. In short, the time required depends on the efficiency of the process and regional conditions.

[Willa]

Transferring a company-owned vehicle to an individual usually takes just a few days, so don't worry too much. The company needs to provide necessary documents like a stamped copy of the business license and a power of attorney. You'll bring your ID card and vehicle registration to the DMV for submission. If all materials are complete, the staff will review and approve them immediately, and the process can be done in as little as half an hour. If there's a long queue or issues with the documents on the day, it might take until the next day. Remember to clear any traffic violations beforehand, as unresolved violations can delay the process. The transfer fees are reasonable, and the procedure is straightforward—don't overcomplicate it. Just take action as soon as possible.