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Old 5th May 2023, 06:39   #691
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Re: ARTICLE: How to sell a *USED* car in India

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Originally Posted by Bhupesh_2628 View Post
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.
I think it is a standard process. No one will mention buyer's name on the forms, however the delivery note should be between the dealer and you, which is a proof that you have handed over the possession of the vehicle.

There is a risk, which you have to live with. There are people who have done this with big portals and the vehicle was not transferred even after an year, but that is very rare.
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Old 27th May 2023, 19:24   #692
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Re: ARTICLE: How to sell a *USED* car in India

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Originally Posted by AltoLXI View Post
I have decided to part ways with my Elite i20 (2018 model). The reason being very low usage - 11K in four years. Car was serviced only at ASS and barring a couple of small mishaps where front bumper was changed, the car is in perfect condition.

Talked to Hyundai dealer last week and they are quoting 6 lakhs for the car. I was told I will be paid in 5-7 working days and the car will be registered in Hyundai's name.

Iím in a similar boat here - can you please let me know how this went for you?
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Old 30th May 2023, 21:49   #693
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Re: ARTICLE: How to sell a *USED* car in India

seeking advice from experts
What are the forms to be signed? I was told as per new rules (after 01 April 2023), The handing over of the vehicle has to be recorded in form 29C and both the dealer and seller have to intimate the RTO authority online and get a digital acknowledgement number. I would be grateful to know the experience of those who have sold post 01April 2023 how it was done. Also what is the procedure for retaining the NCB on the existing Insurance policy. Do we intimate the Insurance co immideately on handing over the existing policy to the dealer or wait for transfer to take place?
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Old 23rd August 2023, 18:20   #694
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Re: ARTICLE: How to sell a *USED* car in India

Hi folks,
I am planning to sell my 2013 Maruti Swift Zxi Petrol.
However there are a few scratches & dents on the body that I want to repair before selling. I checked with Maruti service centre but their default response is change the part, so I want to check with outside places. Is there any good place that is recommended to get such things fixed at a reasonable price? I am based in Bangalore (near Koramangala/HSR)
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Old 8th October 2023, 20:36   #695
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Re: ARTICLE: How to sell a *USED* car in India

Hello Guys,
I am selling a Motorbike I registered in Delhi DL7 RTO. At the time of purchase my address proof was that of a place of residence in Laxmi Nagar, Delhi.
Now it's been almost 7 years and my address proof on Aadhar, etc. have changed. I was wondering if the LAW requires me to submit Active/Valid Address Proof of that particular address which is present on the RC ? What If I can't arrange that, is there any alternative/process ?

If yes, One of things I was thinking is to apply for Address Transfer of the Vehicle first. However, I'm unsure if that would still require original address proof.

Last edited by rishi.roger : 8th October 2023 at 20:39.
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Old 21st November 2023, 14:19   #696
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Re: ARTICLE: How to sell a *USED* car in India

Folks, thinking of performing my car sale in the following manner:
- Accept a token advance from the buyer
- Hand over RC and insurance for transfer of ownership
- Once transfer is complete, accept remaining payment and hand-over the car.

Questions-
- What's a reasonable token amount to accept that ensures safety for both parties?
- Should I instead take full payment, sign all papers ensuring buyer details are on it, and then give away the car?

Last edited by automowheels : 21st November 2023 at 14:36.
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Old 22nd November 2023, 16:28   #697
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Re: ARTICLE: How to sell a *USED* car in India

Folks,

Any ideas on how to sell my Black, KA51 registered Mahindra-Renault Logan (2009 model, 1-Jan-2010 registered) which is a pretty good condition and very drivable. The Spinny website doesn't even list this model as sellable and the bad experience I read about Cars24 makes we want to stay away from them. Any suggestions ?

Thanks,
BD
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Old 22nd November 2023, 21:46   #698
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Re: ARTICLE: How to sell a *USED* car in India

Quote:
Originally Posted by automowheels View Post
Folks, thinking of performing my car sale in the following manner:
- Accept a token advance from the buyer
- Hand over RC and insurance for transfer of ownership
- Once transfer is complete, accept remaining payment and hand-over the car.

Questions-
- What's a reasonable token amount to accept that ensures safety for both parties?
- Should I instead take full payment, sign all papers ensuring buyer details are on it, and then give away the car?
I highly recommend you DO NOT do this method. Once the RC transfer is complete, there is nothing to hold the buyer to pay you the remaining amount, as the car will now legally belong to him. YOU MUST take full payment upfront before the RC transfer.

What you could do to ensure the RC transfer is done, is during the handover to hold on to the spare key (after full payment), until the RC is issued in the new buyers name. However the buyer may not always agree to this and plus it could cause logistical issues if the buyer lives in another city.

Easiest option is once you have received the full amount, get all the RC transfer forms signed by the buyer and a copy of their required ID documents (or even easier is to initiate the sale process online on the Vahan website), and then give it to an agent for processing or submit at the RTO yourself. I did this when I was selling my car and it was a no hassle, stress free process. This ensured I got the full funds and the RC was transferred over to the buyer with no hiccups.
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