Why Doesn't the 4S Store Transfer Ownership During Used Car Replacement?
1 Answers
Under normal circumstances, the 4S store first keeps the old car, prices the new replacement car based on the value of the old car, and the owner drives the new car home. The 4S store will then sell the old car and complete the ownership transfer when a buyer is found. Here is some relevant information: Used Car: A used car refers to a motor vehicle that has been registered with the public traffic management authority, is still in service before reaching the national scrapping standard or within its economic service life, and can continue to be used. Vehicle Ownership Transfer: Vehicle ownership transfer refers to 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 (e.g., avoiding purchasing smuggled or stolen vehicles), and clarifies the division of responsibilities related to the vehicle between the buyer and seller, such as debt disputes and traffic violations, thereby protecting the legal rights of both parties.