What does it mean when a used car is not transferred?
1 Answers
When a used car is not transferred, it means that after the vehicle transaction is completed between both parties, the change of ownership is not processed at the vehicle management office. However: 1. For the buyer: Not transferring ownership during a used car transaction can result in losses for the current vehicle owner. 2. For the seller: Not transferring ownership during a used car transaction can cause complications when handling other vehicle management services. Relevant information about used cars is as follows: 1. Used car: Refers to a vehicle (including three-wheeled vehicles, low-speed trucks, originally agricultural vehicles), trailers, and motorcycles that have been registered with the public traffic management authority before reaching the national scrapping standard and can be traded with ownership transfer. 2. Advantage: The biggest advantage of a used car is its affordable price. The same amount of money used to buy a new car can purchase a higher-grade used car.