What is the procedure for transferring ownership of a used car?
2 Answers
Go to the vehicle management office to collect the vehicle transfer application form and agreement. Fill out the transfer application form and agreement. For company-owned vehicles, the company seal is required. Both the buyer and seller need to provide proof, and the new owner must submit a copy of their business license. For passenger cars, a copy of the quota certificate is also required. Clear any outstanding traffic violation records of the vehicle to ensure the vehicle is within its annual inspection validity period. Submit the completed transfer application form, agreement, relevant copies, and the original vehicle license to the used car trading point to obtain an appraisal form. Then, use the relevant transfer documents to complete the transfer procedure at the traffic police department.
I just went through the process of buying a used car last year, and it went pretty smoothly. First step is to sign a formal sales contract with the original owner, clearly stating the car price and condition in black and white. Then both parties need to bring their original ID cards and the vehicle registration certificate to the DMV - remember to check beforehand if there are any outstanding traffic violations. The DMV staff will verify the VIN and engine number, then you'll fill out the transfer application and pay the fee (around 300-500 yuan). You'll get the new vehicle license the same day, and can choose a new plate number if you don't like the old one. Finally, contact your insurance company immediately to transfer the policy to your name - don't risk having a coverage gap. The whole process takes about half a day, but I recommend going to the DMV first thing in the morning to avoid wasting time in queues.