What is the use of the vehicle green book?
2 Answers
The 'Motor Vehicle Registration Certificate' is essentially the household registration booklet for the vehicle, commonly referred to as the 'green book' because of its green color. If you need to buy a car with installment loans, you will need to mortgage the Motor Vehicle Registration Certificate, also known as the green book. Small green book: In addition to the big green book, there is also the small green book, which generally refers to the tax payment certificate. After purchasing the car and paying taxes, including the vehicle and vessel tax, the tax authority will issue a tax payment certificate that includes information such as the license plate number and taxable quantity. You can declare and pay the tax yourself, or it can be paid by the insurance company when purchasing compulsory traffic insurance. The vehicle license is equivalent to the vehicle's ID card: Many people confuse the 'Motor Vehicle Registration Certificate' with the vehicle license. It's important to know that the 'Motor Vehicle Registration Certificate' is equivalent to the household registration booklet for the vehicle, while the vehicle license is equivalent to the vehicle's ID card. Therefore, when transferring vehicle ownership, the original owner (or the 4S shop) should proactively hand over the 'Motor Vehicle Registration Certificate' to the new owner. This certificate generally follows the actual owner.
As a long-term car owner, the green book is like the ID card of my car. It's required every time I sell or transfer the car because it serves as proof of ownership. Without the green book, the transfer procedures at the DMV can't be completed, which can easily lead to disputes. I also used it as collateral when applying for a bank loan, as the bank required the green book to confirm that the car is my property. After a minor accident, the police checked the green book to verify the vehicle's information. Keeping it safe is crucial—I have a friend who lost theirs, and the replacement process was time-consuming and frustrating, so I keep mine in a home safe. The green book also records the vehicle's history, such as when it was purchased and how many times it's changed hands, which is valuable for buyers to assess the car's condition. I recommend car owners regularly check the completeness of their green book to avoid losing it and affecting transaction security. Overall, it's a key document for the car—don't underestimate a piece of paper.
