What are the procedures and how much does it cost to transfer the ownership of a car?A full guide to

Mondo Cars Updated on 2024-01-30

After buying a car, the change of ownership of the car is an essential step. For many car owners, the car transfer procedures and fees are often confusing.

Preparation before closing

Learn about the relevant laws and regulationsBefore proceeding with the transfer of ownership of the car, it is important to understand the local laws and regulations regarding the transfer of ownership of the vehicle to ensure that the transfer process is legal and compliant.

Prepare the necessary documents: The documents that usually need to be prepared include vehicle driving license, car purchase invoice, vehicle registration certificate, ID card, etc. Ensure the authenticity and integrity of these documents.

Dealing with vehicle violations: Before the transfer of ownership, ensure that all the violation records of the vehicle have been processed, otherwise it may affect the smooth process of the transfer.

Transfer procedures and procedures

Select the transfer method: Choose the appropriate transfer method according to the specific situation, such as the transfer between individuals, the transfer between units and individuals, etc.

Fill out the application form: Go to the local vehicle management office or designated location, fill in the vehicle ownership transfer application form, and submit the relevant documents.

Vehicle inspection and evaluation: Some areas require a vehicle inspection or evaluation of the transfer vehicle to ensure that the vehicle is in good condition.

Pay the fee: Pay the corresponding transfer fee according to the local policy, including transfer fee, appraisal fee, etc.

Pick up a new driving license: After completing the above steps, receive a new driving license and vehicle registration certificate to confirm that the ownership of the vehicle has been officially transferred.

Closing costs

Closing costs vary by region and vehicle type and typically include the following:

Transfer Fee: According to a certain percentage of the vehicle, generally ranging from a few hundred yuan to several thousand yuan.

Assessment Fee: If the value of the vehicle needs to be assessed, an appraisal fee will be charged, which varies depending on the appraisal agency and the vehicle model.

Other Fees: Such as car inspection fees, rubbing fees, etc., according to local policies and actual conditions.

Precautions

Make sure the formalities are complete: Be sure to confirm whether all the procedures are complete before the transfer to avoid delaying the transfer process due to incomplete procedures.

Choose a formal channelChoose formal transfer channels and institutions to avoid being deceived or generating unnecessary disputes.

Change your insurance in a timely mannerAfter completing the transfer, remember to notify the insurance company in time to go through the insurance change procedures to ensure the effective protection of the vehicle during the insurance period.

Keep an eye out for policy changes: Pay attention to local policy changes so that you can adjust your transfer plan and strategy in a timely manner.

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