Should the Money Be Paid Before or After the Transfer of Ownership for a Used Car?

[Bridget]

For used cars, it is common practice to pay the money first before completing the transfer of ownership. The payment is made to the used car dealer, and the money is temporarily held by them until the transfer is finalized. It is advisable to avoid transactions with unfamiliar private sellers, as such deals tend to be less secure for both parties. Once the transfer is complete, the payment is then handed over to the original owner. Below is an extended explanation: Introduction to the Vehicle License: The vehicle license serves as the car's ID card, recording details such as the engine number, chassis number, owner's name, emission information, and inspection records. Please note again that this document pertains to the vehicle itself, as the license plate number changes after the transfer of ownership. Since the car changes hands, the vehicle license must be updated, and the old one becomes invalid. Therefore, the new owner must obtain the updated vehicle license.