Will Selling a Car to Others Without Transferring Ownership Cause Trouble?

[JeffreyAnn]

Selling a car to others without transferring ownership may bring the following troubles: Introduction 1: Selling a car without transferring ownership may mean that the buyer does not obtain full ownership of the vehicle, and the car's ownership remains under the seller's name. If the vehicle is involved in illegal activities, the responsibility will still fall on the original owner, and any fines will be borne by the original owner. Introduction 2: Secondly, if the car is sold without transferring ownership, in case of an accident that injures a third party, the original owner will be fully liable for compensation without any room for negotiation. Additionally, since the vehicle has not undergone the proper transfer procedures, insurance cannot be obtained. Introduction 3: Finally, purchasing a car that cannot be transferred means the buyer cannot prove the legality of the vehicle's source. For such vehicles with an illegal source, they may face heavy penalties if discovered by relevant authorities, making it highly disadvantageous for the owner.