What are the Precautions for Buying and Transferring Used Cars?

[Helen]

Precautions for buying and transferring used cars include: 1. Annual inspection: Check the supplementary page of the vehicle license (driving license) to confirm whether the vehicle has undergone normal annual inspection. If it hasn't, the transfer procedure cannot be processed. 2. Exhaust emission certificate: Verify if there is an exhaust emission certificate. If not, not only will it need to be reissued during the next inspection, but there may also be fines, causing losses to the buyer. 3. Name change: After the vehicle is transferred, promptly update the insurance policy with the new owner's name. Otherwise, disputes with the insurance company may arise in case of an accident. 4. Sales contract: Sign a standardized sales contract during the transaction. Since there are many details to consider in used car transactions and transfers, and many aspects are easily overlooked, it is recommended that both parties sign a standardized sales contract issued by the industrial and commercial administration department to protect the legitimate rights and interests of both the buyer and the seller.