What is the difference between vehicle transfer and ownership transfer?
1 Answers
There are several differences between vehicle transfer and ownership transfer: 1. Ownership aspect: Vehicle transfer refers to changing the registration location of the vehicle to another registration location while keeping the ownership unchanged. Ownership transfer means changing the name of the vehicle's owner. For vehicle registration transfer, you first need to complete the motor vehicle registration transfer (outbound) procedure at the original registration vehicle management department, obtain the vehicle file bag, and then return to the new registration location to complete the motor vehicle registration transfer (inbound) procedure. 2. Registration location aspect: Ownership transfer means the car changes owners and will be considered a second-hand vehicle thereafter. Registration transfer means the vehicle changes its registration location, for example, if a car is registered locally but you want to use it in another location, you can complete the registration transfer procedure for easier annual inspection. The owner remains the same, only the license plate changes.