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What procedures are required for transferring a company vehicle to an individual?

4 Answers
LeMarcus
07/29/25 4:15am

To transfer a company vehicle to an individual, the following documents must be brought to the local public traffic police office for processing. The company's organization code certificate (original or copy) and IC card; the original vehicle license; the original vehicle registration certificate; the vehicle supplementary form; the vehicle and vessel tax certificate; the individual's original ID card and household register. First, the vehicle must be evaluated for the transfer process. The evaluation fee is generally 1%-2% of the assessed vehicle value, and other costs include license plates, vehicle license, etc. The original commercial insurance for the vehicle can be canceled (compulsory insurance cannot be canceled), or the insurance can be transferred to the buyer at the insurance company. Precautions for buying a used car: Incomplete documentation. Complete documentation for a used car includes: the vehicle registration certificate (or original purchase invoice), vehicle license, vehicle purchase tax payment certificate, road maintenance fee documentation, and compulsory insurance. If the vehicle registration certificate or vehicle license is missing, or if there are arrears in compulsory insurance or road maintenance fees, it can cause endless trouble for the buyer. Therefore, when purchasing a car, if the seller cannot provide complete documentation, the buyer should be particularly cautious. Tampering with the odometer. Most consumers prefer to judge a vehicle's condition based on the odometer, and sellers often take advantage of this by tampering with the odometer. In fact, the odometer is not just an indicator of usage intensity but also a record for the maintenance and replacement of other vehicle components. If the buyer follows the tampered odometer readings for maintenance, it can lead to a series of potential safety hazards. New paint covering "external injuries." When purchasing a used car, if the car has been repainted and there are signs of repairs around the front, rear, and A, B, C pillars, the vehicle may have been involved in a major accident. "Tuning the heart" to raise the price. Many consumers focus too much on the car's "heart" (engine) and overlook the health of the car body. Used car sellers take advantage of this by replacing engine components to make the vehicle's "heart" appear younger, thereby inflating the price.

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TheoFitz
08/12/25 4:15pm

I previously helped my company handle the transfer of a vehicle to an individual, and the entire process wasn't too complicated. The company needs to prepare copies of the business license, proof of legal representative, and a power of attorney, while the individual buyer just needs to bring their original ID card. The vehicle itself requires the vehicle license and the motor vehicle registration certificate, ensuring there are no traffic violation records. Before the transfer, both parties should sign a simple contract or sales agreement to agree on the price. Then, go together to the vehicle management office to complete the transfer application form. After the staff inspect the vehicle and confirm there are no issues, pay the fees (such as transfer fees and vehicle tax). It usually takes half a day to complete. However, it's important to note the transfer of insurance—after the transfer, contact the insurance company to update the policy under the new owner's name. Common issues include incomplete company documents or forgetting to schedule a vehicle inspection. It's recommended to print a checklist in advance to avoid multiple trips and save time.

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Megan
10/03/25 2:22am

I just transferred the company car to a friend, and the process was pretty straightforward. The company needs to provide a stamped copy of the business license and a photocopy of the legal representative's ID card, while the individual needs to bring their original ID card. The car's documents are essential—both the vehicle license and the registration certificate must be on hand. At the DMV, start by filling out an application form with details of both the buyer and seller, then queue for a vehicle inspection to check the exterior and engine. The payment step includes transfer fees and taxes, so remember to bring some cash or a card. The whole process takes about two to three hours, but it might take longer if it's crowded. After the transfer, don’t forget to update the insurance by calling the insurer to change the owner’s details. It’s advisable to bring a familiar friend along to minimize the risk of mistakes.

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PenelopeAnn
11/16/25 4:02am

As an experienced driver, I've gone through several vehicle transfers. For transferring a company car to an individual, the key documents are: the company's business license and legal person certificate, plus the individual's ID card. Bring the vehicle's license and registration certificate to the DMV to fill out the application form. The vehicle inspection step is crucial to confirm the car is in good condition. Pay attention to settling the transfer fees and taxes. Remember to change the insurance policy to the new owner's name. The entire process takes about half a day, so preparing in advance saves time.

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