What are the precautions for selling a car to a used car dealership?
1 Answers
Selling a car to a used car dealership requires attention to the following precautions: Check for traffic violations: It is recommended that both the buyer and seller check for any traffic violations before processing the transfer. The method is simple: log in to the local traffic management bureau website or related vehicle management office website, enter the license plate number, and if there are any violations, pay the fines promptly to avoid inconveniences for both parties. Special attention should be paid to violations recorded in other regions, as the processing time for out-of-town violations is longer than for local ones. Check if the vehicle has passed annual inspections: Review the supplementary page of the vehicle license (driving permit) to confirm whether the vehicle has undergone normal annual inspections. Without passing the annual inspection, the transfer process cannot proceed. Also, check if there is a valid exhaust emission certificate. If not, the buyer may face penalties and additional procedures during the next inspection, leading to potential losses. Update the insurance policy: After the vehicle transfer, promptly update the insurance policy under the new owner's name. Otherwise, disputes with the insurance company may arise in case of an accident. Sign a transaction contract: Given the numerous details involved in used car transactions, many aspects may be overlooked. To protect the legal rights of both parties, it is advisable to sign a standardized transaction contract issued by the industrial and commercial administration department during the transaction.
