How to Transfer Ownership of a Used Car?
3 Answers
Pay the used car transaction tax. Private accounts are charged 1%, while corporate accounts are charged 4%. Drive the car to the inspection area for external inspection, tracing the vehicle identification number, removing the license plate, and taking photos. Obtain the vehicle photos and attach them to the inspection record form, then complete the filing procedures. After obtaining a number from the ticket machine, queue up with the relevant materials to pay the transfer fees. Required materials include the Motor Vehicle Registration, Transfer, Cancellation Registration/Transfer Application Form, inspection record form, original vehicle ownership registration certificate, original vehicle license, etc.
I just helped a friend with a used car transfer a couple of days ago. First, both the buyer and seller need to bring their original ID cards, the vehicle registration certificate, the driving license, and the compulsory traffic insurance policy to the vehicle management office. Upon arrival, start by obtaining the transaction invoice, which can be done at the used car trading market. Remember to drive the car to the inspection area to queue up, where the staff will verify the VIN and engine number. Then, fill out a transfer registration application form and remove the old license plate to hand it in. After paying a little over 100 yuan in processing fees, you can select a new license plate number. Nowadays, it's quite convenient as you can even pre-select the number online. Finally, wait to receive the new driving license and temporary license plate. The whole process takes about two hours. The key is to ensure the original owner has settled any traffic violations and completed the annual inspection, otherwise, getting stuck at this step can cause the most delay.
The vehicle transfer process involves several mandatory steps: First, obtain a transaction invoice from a legitimate used car market; Second, both parties must bring all required documents to the DMV—including ID cards, the vehicle's green title, and the registration certificate; Third, the vehicle must be physically present for inspection; Fourth, surrender the old license plates and receive temporary ones; Fifth, select a new number and wait for the production of new documents. Pay special attention to checking whether the vehicle has any outstanding loans—I once encountered a situation where the buyer discovered the car was mortgaged after payment. Under current policies, you can retain the original license plate, provided it has been held for over three years. The main costs are the transaction tax and administrative fees, which vary by region.
