How to Transfer Ownership When Giving a Car to a Friend for Free?
2 Answers
Notary office to process a gift notarization, the notarized document must clearly state the gift declaration. Below is the relevant information regarding vehicle ownership transfer: 1. Concept of Vehicle Ownership Transfer: Every car has a fixed registration, much like a person. The car's registration primarily records the owner and address, along with some relevant car parameters. Vehicle ownership transfer refers to changing the name of the vehicle's owner, which is the most crucial step in buying a used car apart from checking the car's condition. 2. Documents Required for Vehicle Ownership Transfer: Original owner's ID card, new owner's ID card, original and copy of the vehicle license, purchase tax certificate, vehicle and vessel tax payment receipt, vehicle registration certificate, vehicle inspection report from the criminal investigation department, insurance policy/card/invoice. All of the above must be provided in original.
I just went through the process of transferring my car to a friend for free. First, you need to visit a used car market to issue a transaction invoice—even for free transfers, you must get this invoice, just fill in zero for the amount. Then, both parties should bring their original ID cards, the vehicle registration certificate, and the driving license, and drive to the DMV. During the vehicle inspection, make sure the VIN and engine number are clearly visible. If there are any modifications, it's best to restore them to the original condition beforehand. After filling out the transfer application form, pay the processing fee of around 50 yuan. Also, remind your friend to settle any traffic violations, or else the process will get stuck at the final step, wasting all your effort. The whole process can be completed in half a day if everything goes smoothly. The key is to call the local DMV in advance to check if there are any special requirements, as policies may vary slightly by region. Finally, remember to keep the gift agreement to avoid future disputes.
