What are the precautions for vehicle transfer?
4 Answers
Precautions for vehicle transfer are as follows: 1. Be sure to check the original vehicle's purchase tax receipt. Some vehicles may not have paid purchase tax before, and after transfer, these unpaid or tax-exempt vehicles will be required to pay the purchase tax. 2. Insurance transfer should be completed in time to avoid unnecessary trouble during claims. 3. Mortgaged vehicles and vehicles under supervision are prohibited from being traded. Vehicle information can be checked through the vehicle management office. 4. When purchasing a used car, relevant policies and regulations should be reviewed. Some vehicles are not allowed to be traded or transferred, and corresponding change procedures need to be completed after the used car transfer.
I just helped a friend with a car ownership transfer, which seems simple but involves many considerations. Having all documents prepared is the most crucial part. I always remind them to bring the original ID cards of both parties, the vehicle registration certificate (green book), the original driving license, and the insurance policy, along with several copies as backups. It's important to agree in advance on who will cover the transfer fees and transaction taxes to avoid disputes later. Make sure to check and clear any traffic violation records, as the DMV won't process the transfer if there are outstanding tickets—I once saw someone waste a trip due to a minor violation. Transparency about the vehicle's condition is also key, such as whether it has any accident history, as hiding such details can lead to disputes. It's advisable to inspect the car and confirm the VIN matches. Don’t forget to transfer the insurance and sign a contract to protect your rights. The whole process is tedious, but being meticulous can save a lot of trouble.
The vehicle transfer process is not difficult but involves many steps. Follow the sequence to avoid mistakes. First, discuss all details with the other party and prepare all required documents before going to the DMV, including copies of both parties' ID cards, the vehicle's green book, and the vehicle registration certificate. When submitting the application form, carefully verify that all information is accurate and avoid filling in incorrect details. The vehicle inspection is a necessary step—check for obvious damage to the body and ensure the VIN matches the records. After completing the process and waiting for the new license and documents to be issued, don’t forget to promptly transfer the insurance, as failing to do so carries significant risks. The total cost typically ranges from a few hundred to a thousand yuan, and both parties should negotiate how to share the expenses. The key is to stay vigilant throughout the process to avoid major delays due to minor oversights.
As someone frequently involved in this matter, I prioritize legal security aspects. Before transferring ownership, ensure the vehicle has no traffic violation records or financial disputes, otherwise the new owner might be held accountable. The transaction contract should clearly delineate responsibility divisions to avoid future troubles. Complete documentation including identification and vehicle certificates is essential, otherwise you might get stuck at the DMV. Transparent fees can save headaches, so inquire about quotes in advance. The entire process should foremost protect the interests of both parties.
