What is the process for private-party used car transactions?
2 Answers
Both parties' ID cards, vehicle license, vehicle registration certificate, vehicle tax payment certificate, purchase invoice, etc. Verify the authenticity and validity of the license plate number and engine serial number. Vehicles from state organs, state-owned enterprises, and institutions require a vehicle appraisal report issued by a used car appraisal agency. If the vehicle condition is satisfactory, a sales contract can be signed, and procedures can be arranged to schedule the transfer time. Documents required for the transfer: vehicle registration certificate, vehicle license, ID cards of both buyer and seller, etc., to complete the transfer and registration procedures.
When it comes to buying and selling used cars, I've learned from experience. Usually, it starts with the seller posting an ad on platforms like Xianyu or their social media circle, clearly stating the car's condition and price to attract potential buyers. Then, both parties chat a bit and arrange to meet in a safe location—I prefer bringing a friend along to avoid any unexpected situations. On-site, first check the car's exterior for scratches, the cleanliness of the interior, and whether the engine runs smoothly. It's also essential to take a test drive to assess acceleration, braking, and steering feel, ensuring it's not just a pretty facade. Once the price is agreed upon, sign a simple contract detailing the car model, price, and sale date, with both parties signing. Payment is best done via bank transfer to avoid the risks of cash. For the ownership transfer, visit the DMV with the vehicle registration certificate and ID card to complete the name change—that's when the deal is officially done. Remember to check the car's history report beforehand to avoid buying a lemon. The whole process isn't difficult; just be patient and you'll manage.