What are the pros and cons of buying a car under parents' names?
1 Answers
Purchasing a car this way is feasible, as only an ID card is required during the purchase without needing a household registration. Below are relevant details about car purchasing: 1. Considerations: The purchase invoice is the most important document when buying a car and serves as one of the credentials for vehicle registration. Therefore, it's essential to obtain the purchase invoice from the dealer and verify its validity. 2. Vehicle Inspection: For vehicles eligible for the six-year exemption from inspection, the vehicle does not need to be physically present. Simply bring the vehicle license, the ID card of the person named on the license, and a copy of the valid compulsory insurance policy. Check for any traffic violation records on the traffic management website and proceed to the nearest inspection station to complete the process.