Why Doesn't the 4S Shop Transfer Ownership for Used Car Replacement?
2 Answers
Generally, the 4S shop keeps the old car first, prices the new replacement car based on the old car's value, and the owner drives the new car home. The 4S shop will then sell the old car and transfer ownership when someone purchases it. Here is some relevant information: 1. Used car: A used car refers to a motor vehicle that has been registered with the public security traffic management authorities, is still in service before reaching the national scrapping standards or within its economic service life, and can continue to be used. 2. Vehicle ownership transfer: Vehicle ownership transfer means changing the name of the vehicle's owner. Completing the transfer of a used car legally ensures the transfer of vehicle ownership, guarantees the legality of the vehicle's source (such as avoiding buying smuggled or stolen cars), clarifies the division of responsibilities related to the vehicle between the buyer and seller (such as debt disputes or traffic violations), and protects the legitimate rights and interests of both parties.
Hey, I work in car trade-ins, and this situation comes up a lot. To put it bluntly, when a 4S shop doesn't transfer ownership during a used car trade-in, it's usually because the process isn't complete yet. We first need to assess if the old car has any issues, like accident history or hidden problems, and then prepare all the documents for submission to the DMV. The whole process can take a few weeks, and during this time, keeping the car under your name is simpler—if any issues pop up during inspection, it's easier to handle without souring the relationship. Plus, the shop avoids the rush to add it to inventory or pay transfer taxes, allowing for more flexible resale. For customers, it's also more convenient—they just wait for notification to complete the paperwork. But a heads-up: make sure the trade-in contract clearly states the transfer timeline to prevent the shop from dragging it out too long and avoid disputes. It's kind of an industry norm, but overall, it's a win-win arrangement.