What does it mean to sell a car with license plate under someone else's name?
1 Answers
Selling under someone else's name means the seller provides their own ID card for use by non-locals to achieve the purpose of selling. Violation of regulations: A 'name lender' refers to a local who professionally leases out their ID card to non-locals for a fee. Nowadays, some of the country's purchase restriction policies leave many people without the qualification to buy certain goods, leading to the practice of selling under someone else's name. This means the seller provides their own ID card for use by non-locals to complete the sale. This practice does not comply with national regulations and carries significant risks. License plate under someone else's name: Since the vehicle cannot be transferred to the buyer's name, the price of such cars tends to be lower. Generally, if the car comes with a complete set of documents including insurance, vehicle license, registration certificate, and a copy of the owner's ID card, there should be no financial disputes. Therefore, when purchasing a vehicle, it's advisable to check the current vehicle records (only the license plate number is needed).