What are the key points to note when transferring a car title?
2 Answers
When transferring a car title, the following points should be noted: 1. Check for traffic violations: When handling a used car title transfer personally, it is essential to thoroughly check the vehicle's violation records. Verify if there are any outstanding traffic violations and ensure the compulsory traffic insurance is still valid. Only vehicles with valid compulsory insurance and no pending violation records can proceed with the transfer. 2. Verify payment status: Before initiating the title transfer process for a used car, always verify the original vehicle's purchase tax payment status. The purchase tax represents a significant expense, and some vehicles may not have paid this tax initially, requiring payment during the transfer. Confirming the purchase tax payment status beforehand can help avoid this additional and unnecessary cost. 3. Determine specific fees: During the transfer process, various fees such as transfer fees or refunds may arise. Both parties must agree in advance on who will cover these expenses. Additionally, both parties should be present when handling the transfer procedures and insurance cancellations to prevent disputes.
When I previously handled a car title transfer, experience taught me that the first step is to carefully verify the vehicle's ownership certificate and registration document to ensure their authenticity and validity, otherwise major troubles may arise later. The buyer needs to bring their ID card, the original owner's relevant documents, and go together to the DMV to complete the procedures. Don't forget to check the vehicle's history, such as whether it has been in any accidents or has outstanding loans, otherwise discovering a pile of debts after the transfer would be a huge loss. In terms of costs, the transfer fee and taxes amount to a few hundred yuan, varying by location, so budget accordingly to avoid overspending. I recommend bringing a reliable friend along to guard against unscrupulous sellers. From a safety perspective, it's also essential to update the insurance policy promptly under the new owner's name to facilitate claims in case of any incidents on the road. The whole process can be a bit tedious, but with patience, it can be completed quickly—protecting your rights is the key.
