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Old 15th July 2022, 10:11   #676
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Re: ARTICLE: How to sell a *USED* car in India

Quote:
Originally Posted by hserus View Post
Spinny is professional about a sale and does transfer the RC once sold. But the car may lie in their inventory for a few months before being sold.

You need to periodically check if they still list your car for sale and can then after a few days download the updated RC in the parivahan app.

I sold my last car (scorpio) through Spinny. .
I have not contacted either Cars24 or Spinny as I am scared reading about the delays in RC transfer. However H Promise informed they will transfer the ownership to themselves and make payment in a week or so.

How is H Promise in terms of RC transfer and payment? Anyone has any experience dealing with them?
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Old 26th July 2022, 19:02   #677
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Re: ARTICLE: How to sell a *USED* car in India

Folks, just wanted advice on how to sell a 2012+ registration (10 years crossed) diesel vehicle in Delhi NCR. As you're all probably aware, Delhi/NCR rules are that any diesel vehicle above 10 years needs to be scrapped (regardless of condition).

Leaving aside how blatantly absurd this law is, it's leaving me in a bit of a spot. I have a Feb/2012 Ford Endevour 4x4 which is in perfect working condition and is very close to my heart. Having run into the cops a few times, it's with a heavy heart that I now realise it's time to part ways with this beauty who has served me well and faithfully over the years.

There is absolutely no need for her to be scrapped. Does anyone have suggestions on what to do? Spinny/Cars24 in Delhi are not interested / not reverting.

Does anyone have any contacts for how to have it sold in adjoining states like Punjab, Himachal etc. where it can comfortably run until 2027. Any help or suggestions welcome!
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Old 19th August 2022, 19:29   #678
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Re: ARTICLE: How to sell a *USED* car in India

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Originally Posted by monkey_wrench View Post
I have a Feb/2012 Ford Endevour 4x4 which is in perfect working condition and is very close to my heart. Having run into the cops a few times, it's with a heavy heart that I now realise it's time to part ways with this beauty who has served me well and faithfully over the years.
You cannot legally sell a DL registered car if its crossed the 10 yr limit, it has to be scrapped. If you have a run in with tough cops then they may simply take it off your hands there and then so be very careful about taking it out now.

Its as good as driving an unregistered vehicle, be very careful!
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Old 17th September 2022, 11:20   #679
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Re: ARTICLE: How to sell a *USED* car in India

Guys, I recently sold my HR registered car to an acquaintance. The opening post of this thread mentions the following documents to be retained by the seller:

1. Form 28 29 30 (copy)
2. Delivery note (original)
3. Buyer's ID proof (copy)

I have requested these documents from the RTO agent. Do these documents still hold true today or I need anything else as a seller for future reference?
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Old 12th October 2022, 00:59   #680
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Re: ARTICLE: How to sell a *USED* car in India

Sold my Punto a day back and received full amount. Now the buyer is in another district in Karnataka and his nephew is going to receive the car on behalf of him. His nephew even had come with a mechanic and checked the vehicle. I have asked the buyer to fill up all forms duly signed and then courier to his nephew so that I don’t sign any blank forms when I handover the car keys. Should I also make his nephew sign some documents? The buyer has shared his bank passbook,Aadhar and PAN with me. What else should I be careful of to protect my interest?

Last edited by ChetanM6 : 12th October 2022 at 01:00.
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Old 29th October 2022, 15:58   #681
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Re: ARTICLE: How to sell a *USED* car in India

Hi everyone, I plan to sell my car through VW Das WeltAuto. I did not see too many posts in this forum on Volkswagen's used car division. Are they reliable and is it safe to go with them? Any pointers will help.
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Old 16th November 2022, 20:55   #682
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Re: ARTICLE: How to sell a *USED* car in India

Based on my experience of selling my Maruti and my friend's experience in selling his Hyundai vehicle, looks like the respective used car business is giving good offer (TrueValue in case of Maruti and H Promise in case of Hyundai). Strongly recommend to try this option if you are planning to sell your car.
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Old 25th November 2022, 08:14   #683
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Re: ARTICLE: How to sell a *USED* car in India

Case: I have sold my Wagon R to True-Value by closing the outstanding auto loan with a bank; now True-Value is asking to submit original NOC?

Need Advice: Is it required to submit original NOC to True Value, which they will in turn submit to RTO?
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Old 25th November 2022, 17:51   #684
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Re: ARTICLE: How to sell a *USED* car in India

Quote:
Originally Posted by drivingyogi View Post
Case: I have sold my Wagon R to True-Value by closing the outstanding auto loan with a bank; now True-Value is asking to submit original NOC?

Need Advice: Is it required to submit original NOC to True Value, which they will in turn submit to RTO?
When you closed the loan, did you remove the hypothecation on the RC? If not, yes you have to submit the bank NOC and the bank will have no problem in issuing that.

If you have already removed the hypothecation in the RC, then there is no reason why bank NOC is required.

Not an expert on this but as per my understanding this is how it works.
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Old 26th January 2023, 01:28   #685
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Re: ARTICLE: How to sell a *USED* car in India

During a sale in Bengaluru RTO NOC is needed only when it's goes to KA-06 RTOs and above ?

No such formality when it's sold among KA-01 to KA-05. I'm in 05 circle and buyer is in 03 circle.

Please advice.
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Old 30th January 2023, 00:10   #686
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Re: ARTICLE: How to sell a *USED* car in India

Our Eon (800cc) is 10 years old with dents and scratches all over the body. I am planning to sell it this year. Should I get it fully dented-painted or not, which option makes more economical sense?
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Old 14th February 2023, 16:57   #687
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Re: ARTICLE: How to sell a *USED* car in India

Quote:
Originally Posted by monkey_wrench View Post
Folks, just wanted advice on how to sell a 2012+ registration (10 years crossed) diesel vehicle in Delhi NCR. As you're all probably aware, Delhi/NCR rules are that any diesel vehicle above 10 years needs to be scrapped (regardless of condition).

Leaving aside how blatantly absurd this law is, it's leaving me in a bit of a spot. I have a Feb/2012 Ford Endevour 4x4 which is in perfect working condition and is very close to my heart. Having run into the cops a few times, it's with a heavy heart that I now realise it's time to part ways with this beauty who has served me well and faithfully over the years.

There is absolutely no need for her to be scrapped. Does anyone have suggestions on what to do? Spinny/Cars24 in Delhi are not interested / not reverting.

Does anyone have any contacts for how to have it sold in adjoining states like Punjab, Himachal etc. where it can comfortably run until 2027. Any help or suggestions welcome!
Did you by any chance apply for an NOC to any other location before the 10 years expired?
If yes, you may still get an NOC and the buyer can potentially register at the new jurisdiction.
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Old 22nd March 2023, 19:27   #688
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Re: ARTICLE: How to sell a *USED* car in India

[quote=GTO;1411828]
FINAL Step : After the sale

Notify the RTO (from where your car was registered) within 14 days of sale. Send a copy of all the 8 categories of documents that you were asked to retain (in the previous post). Include a covering letter and send the package via Regd. Post. Remember, the law states, until the car is in your name, you are responsible for it (even if the car is used for criminal activities or involved in a hit & run accident). Maintain the postal confirmation in your records. Once you receive delivery acknowledgement, you are indemnified of any liability related to the sold car./QUOTE]

This query is based on the statement from GTO'S post, that once we intimate the RTO about the sale of our vehicle and receive delivery acknowledgement, one is indemnified of any liability related to the sold car. Is this correct?

In our forum I remember seeing an extract of a SC judgement that held that unless RTO records show the new buyer, liability still falls on the previous owner.

Can someone clarify please?
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Old 1st May 2023, 12:01   #689
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Re: ARTICLE: How to sell a *USED* car in India

Hi Team-BHPians,

I'm thinking of exchanging my Activa (2013 model) with a new bike. The Activa will be taken by used bike dealer which the showroom have tie up. It will remain unsold unless & until they find a potential buyer.
Upon asking who will sign on the "Buyer's" section in RTO forms, they say it will remain blank & the potential buyer's signature will be put on it whenever Activa gets sold in future.

My 1st query: Shouldn't the used bike dealer put their signature in buyer's section in RTO forms till it is unsold? If the buyer's signature remains blank, will there be any problem?

2nd query: I have insurance valid for another year as I just renewed it. Will the insurance transfer be taken care of by the used bike dealer & buyer?

I'll try to get delivery note on a stamped paper in front of a notary.

Will the copies of RTO forms & delivery note be enough for me to show as proof that I have sold the scooty & I shouldn't be held accountable if something happens even if it's unsold.

Any other points/precautions I should take care of other than the above.

Thanks.

Last edited by Bhupesh_2628 : 1st May 2023 at 12:11.
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Old 5th May 2023, 01:10   #690
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Re: ARTICLE: How to sell a *USED* car in India

Just writing a follow-up post here in relation to the above post to bring attention and seek responses to my queries from Team-BHPians.

Note to Support/Moderator team: Please delete this post if it brings little to no value to forum readers.

Thanks!
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