What is the Difference Between Vehicle Renaming and Transfer of Ownership?

[EstherMarie]

The differences between vehicle renaming between spouses and transfer of ownership are as follows: 1. Differences in license plates and fees: Vehicle renaming between spouses does not incur any fees, and the license plate generally remains unchanged, as the vehicle is legally considered joint property between spouses. On the other hand, vehicle transfer of ownership is a normal sales transaction that requires payment of certain fees, and the license plate usually changes. 2. Differences in procedures: The documentation submitted for renaming between spouses at the vehicle management office is relatively simple, whereas the transfer of ownership process is more complex. Therefore, if renaming between spouses is involved, it is recommended not to go through the vehicle transfer of ownership procedure.