With the development of the economy in the 21st century, cars are becoming more and more popular, and the frequency of people changing cars is getting higher and higher. This has caused the growth of the used car market. With the development of the used car market, people’s demand for used cars is also increasing. Increasingly, when consumers buy used cars, they need to go through certain procedures to transfer ownership. Therefore, the transfer of used cars has become a question of many consumers. The following details the process of transferring used cars.

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The first is to prepare the materials needed for the transfer of used cars. The two parties are ready for vehicle driving permits, vehicle registration certificates, vehicle purchase fees, identity cards and copies of these permits. And both parties fill out the registration form for the transfer, cancellation or transfer of motor vehicles.

Secondly, the two parties must sign an agreement for the sale of old motor vehicles supervised by the industrial and commercial departments, and each party holds one. After passing the record of the industry and commerce department, the vehicle can handle the change or transfer procedures. The documents of both parties must be fully prepared in order to ease the cumbersome procedures.

Third, the two parties must negotiate the transaction invoice cost of the old motor vehicle signed after the signing of the contract. The cost is based on the year and volume of the motor vehicle. The shorter those years, the smaller the displacement, and the greater the decline in transaction costs.

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Fourth, the two parties should hold the old motor vehicle transaction invoice and the old motor vehicle sales contract and go to the vehicle management office to handle the change of the vehicle's travel, registration certificate, or transfer. Particular attention should be paid to finding out if the car is in violation of the regulations or if there are any unhandled accidents.

Finally, the two parties must take the changed registration certificate and vehicle driving permit to the insurance company for insurance changes.

It should be reminded that after the second-hand car is transferred, in order to avoid future troubles, the owner must timely transfer the car insurance. After the insurance transfer is completed, if he is not satisfied with the original car insurance, he can withdraw his insurance and re-insure.

In summary, the transfer of used cars is not complicated, but consumers must implement them as required. This can avoid a lot of unnecessary troubles and give them multiple protections in the future.


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