Is private vehicle buying and selling between individuals allowed?
1 Answers
Private vehicle buying and selling between individuals is allowed. Here is relevant information about private transactions: 1. Required documents: Direct transactions between buyers and sellers are also a form of used car trading, which is protected by Chinese law and can be fully conducted. If selling a car, you need to prepare the vehicle's registration certificate, driving license, purchase invoice, purchase tax certificate, valid road maintenance fee receipt, vehicle and vessel tax receipt, and your ID card. 2. Valid annual inspection period: The vehicle must also be within its valid annual inspection period and have no outstanding traffic violations. One important thing to note is that after completing the registration certificate transfer, you must personally witness the road maintenance fee transfer, otherwise it may cause trouble.