How to Transfer Ownership When Buying a Used Car from a Friend?
1 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. Then, collect the vehicle photos. 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, and Cancellation Form/Application for Transfer, Inspection Record Form, and the original Motor Vehicle Property Registration Certificate.