How to Handle Vehicle Ownership Transfer Procedures?
3 Answers
Below is the process for handling vehicle ownership transfer: 1. Issue a transaction: Pay the used car transaction tax, with 1% charged for private accounts and 4% for corporate accounts; 2. Vehicle inspection: Drive the vehicle to the inspection station for external inspection, tracing the vehicle identification number, removing the license plate, and taking photos. Collect the vehicle photos and attach them to the inspection record form, then proceed to the transfer hall to complete the filing procedures; 3. License plate selection; 4. Transfer and relocation. After gathering the materials, both parties can proceed to the used car transaction hall to complete the transaction. Additional information: After the transaction is completed, the transaction market will provide a nationally unified used car transaction invoice (this invoice will be needed during the transfer process). Generally, the used car transaction hall will have agents for insurance transfer. The process is: Prepare the insurance policy, ID cards of both the old and new owners, vehicle registration certificate, etc., and follow the procedures at the original insurance company.
I just helped my cousin complete the vehicle transfer process, and everything went relatively smoothly. First, you need to check the vehicle's condition. Take it to a 4S shop or repair shop for a basic inspection to ensure there are no serious issues or outstanding violations, as these could cause delays during the transfer. Next, prepare the required documents: both the buyer and seller must bring their ID cards, the vehicle registration certificate (commonly known as the 'green book'), and the original vehicle license. It's also good to have copies on hand. Draft a simple sales contract stating the price and transfer date—don’t rely on verbal agreements. Then, drive together to the local traffic management department to fill out the application form and pay the fees, which are usually a few hundred yuan. Once you get the new vehicle license, the process is complete. Remember to update the insurance beneficiary’s name immediately after the transfer to avoid complications in case of an accident claim. The whole process takes about half a day, so it’s best to go early to avoid long queues.
As a car owner who frequently deals with such matters, I emphasize carefully verifying all documents before the transfer. Both the buyer and seller should ensure that the ID cards are within the validity period, the vehicle registration certificate is not lost or altered, and the information on the driving license is consistent. It's best to back up the contract with detailed price notes to avoid disputes. When going to the DMV, bring the car keys as they may need to inspect and photograph the vehicle. The costs include transfer fees and administrative fees, with little variation between cities. A crucial step is clearing all traffic violation tickets, otherwise the process cannot be completed. After finishing, don't forget to notify the insurance company to change the policyholder, ensuring safety and peace of mind without unnecessary hassle.
