What are the policies for transferring ownership of new energy vehicles?
2 Answers
Taking the relevant policies and regulations on new energy vehicle subsidies in Tianjin as an example, 4S shops selling new energy vehicles that have already been licensed cannot transfer ownership to the buyer within 2 years. The following is a detailed introduction to vehicle ownership transfer: Overview: Vehicle ownership transfer refers to changing the name of the vehicle owner, which is an essential procedure in the process of buying and selling used cars. When there are issues such as car accidents, failure to participate in annual inspections, stolen vehicles, or smuggled vehicles, the normal transfer procedures cannot be followed. Notes: When a vehicle is transferred from the local city to another location, the registration process to change the affiliated vehicle management authority is called transfer of registration. Vehicle transfer of registration requires changing the license plate and vehicle license, and the procedures should be handled at two vehicle management authorities respectively, including the procedures for transfer out and transfer in.
Last year, I handled the transfer of a new energy vehicle, and the process was quite straightforward. Typically, the buyer and seller need to bring their ID cards, vehicle registration certificate, and sales contract to the local DMV for registration, where staff will inspect the vehicle to confirm its condition. The green license plate of a new energy vehicle can usually be directly transferred to the new owner without needing a new plate, which avoids the hassle of a license lottery, especially in cities with license plate restrictions. The costs involved are just the transfer fee and possibly a small inspection fee, totaling a few hundred yuan. Policy-wise, tax exemptions like the purchase tax waiver are retained. It’s advisable to check the local DMV’s official website or app in advance to see if there are any purchase quota requirements. The whole process can be completed in half a day, but don’t forget to handle the insurance transfer to avoid any safety issues on the road.