Condor's is a good suggestion; but go in for ethical financiers, like Sundaram. (at least, they have a reputation to maintain). You will not want to be hounded by the former owner(s).
One problem in this field is the practice of people buying vehicles and then operating them without getting the names of the registered owner transferred. While the procedure is simple, and non-complicated, since this involves transfer fo the permit too which requires a sanction at the meeting of the Roat Transport Authority, (a committee considting of the DGP, RTO and the district collector), it is time consuming, and you need to wait till the meeting convenes to get the papers moving.
You may want to take a power of attorney from the selling registered owner to avoid having to run to him for signatures in unexpected places.
There are two kinds of regulations applicable here - one is those applicable to all kinds of goods vehicles - permit forms part of that. I think you should talk to a regular RTO agent about this.
Fitness is applicable to the vehicle, so no need to take a fresh FC when you buy the vehicle. What is painted on teh side fo the vehicle is the registered owner's name, so do change it till the papers are fixed.
Also, do not operate the vehicle till you get the insurance transferred to your name. This will cost only less than Rs. 100/-. Insurance coverage has nothing to do with the registered owner, (who is shown as the registered owner). So, after purchase, first take delivery, (drive it to your place) and next get the insurance transferred to your name before taking it out on teh roads again.
For transfering registration at the RTO, all that is required is a valid insurance policy in respect of teh vehicle, and name of the insured is not relevant. So, a vehicle can be in name of X in RTO, but the insured person could be Y. Make sure that Y is you.
Also, ask the insurance company if they have any special coverages for moving LPG cylinders. Try to take out a third party damage coverage with unlimited cover. The incremental costs would be minimal. An accident can be very costly affair, especially on crowded city roads.
It is the next part of regulations applicable to the vehicle that I am not sure of - those applicable for transport of hazardous materials; all I can say is that moving LPG attracts these rules. The gas agency / the company officials oguht to be able to guide you here.
You also probably may require licence from the Explosives departemnt (a Central govt. department).
I believe the requirement to route exhaust through the front of the front tyres is imposed by the explosives department. Probably, it applies to tankers only. You also need to confirm if modifying a normal lorry to carry LPG cylinders is acceptable. Asking around with other owners may help. |