What procedures are required for vehicle replacement?
2 Answers
Procedures required for vehicle replacement include: 1. The owner needs to prepare their ID card; 2. For company vehicles, a legal entity code certificate, letter of introduction, vehicle registration certificate, vehicle license, original purchase invoice or previous transfer invoice, and proof of additional tax payment should be provided; 3. If the replacement is handled by someone else, the original owner's ID card and a legally valid power of attorney are required. Vehicle replacement is a service where consumers use the assessed value of their old car plus additional payment to purchase a new car from a brand dealer. According to regulations, owners can apply for an update indicator directly without going through a lottery by scrapping or selling their old car.
I've traded in my car several times, and the key is to prepare all the required documents: the vehicle registration certificate, driving license, original and photocopies of ID card, and the insurance policy. First, drive to a 4S dealership or used car dealer for an appraisal of your old car. They'll inspect the vehicle's condition, mileage, and accident history. After agreeing on the trade-in terms, sign the agreement and pay the price difference. For the ownership transfer, you must personally visit the DMV. The process includes registration transfer and payment of relevant fees, ensuring the vehicle has no outstanding violations, loans, or accident disputes to complete smoothly. For the new car, you'll need to handle license plate registration, insurance, and purchase tax. The entire process takes one or two days, and calling the DMV in advance for details can save a lot of hassle. I recommend starting early to avoid peak hours and bringing water and snacks in case of long queues.
