What Are the Three Guarantees in the Used Car Three Guarantees Law?
1 Answers
Three guarantees mainly refer to guarantee for repair, guarantee for refund, and guarantee for replacement. Below are relevant introductions: 1. Risk of not transferring ownership: After purchasing a used car, it is essential to transfer the ownership. If the ownership is not transferred, the buyer only has the right to use the vehicle but not the ownership, because the name on the "Motor Vehicle Registration Certificate" is not the buyer's name, which poses a significant risk to the buyer. 2. Complete documentation required: When purchasing a used car, it is necessary to first check whether the vehicle's documentation is complete. If the documentation is incomplete and the ownership cannot be transferred, there is no need to continue inspecting the vehicle. If incomplete documentation prevents the vehicle from being legally driven on the road, there is also no need to continue inspecting the vehicle. After confirming the vehicle's documentation, the condition and price of the car should be evaluated.