Buying a brand-new car from a showroom is easy. But selling the same after years of using it is difficult. Transferring your used car to a buyer is lengthy as it requires a lot of paperwork.
One of the main headaches of transferring your used car is to transfer the title to the buyer. It means the new owner of your car will replace your name. This process is complicated and takes time. So, in this article, we shall provide you with every small detail regarding how to transfer the name of your used car to a new buyer.
When Should The Name of The Car Be Transferred?
Usually, we think the car’s name should be transferred while selling the vehicle. But when the car owner dies, or someone purchases the car in an auction, the owner’s name should be transferred to the new owner.
If you decide to sell a used car to someone for any of these reasons, you need to transfer the ownership name to the new buyer.
Important Documents to Transfer The Car’s Ownership Name to The New Buyer
Various documents can be submitted to the local RTO to get the new registration certificate. Here are all the documents required for ownership transfer:
Registration Certificate:
The first and most important thing you will need to transfer the car’s name is a registration certificate. The RC can also be a smart card or a piece of paper. During the transfer of the used car’s title, this registration certificate needs to be shown to the nearest RTO or any verified government authority.
PAN Card:
PAN card of both the seller and the buyer is mandatory for transferring the car’s title.
Address Proof:
Your permanent address proof, like the water and gas bill, telephone, and electricity bill, should also be submitted to the RTO before transferring the title to the new owner.
PUC Certificate:
PUC, or pollution under control certificate, is another important document to show to the RTO.
Form 28: Form 28 is one of the most important forms to fill up before transferring the used car’s title. It is necessary to obtain a no-objection certificate from the RTO.
Form 29: This form is necessary for transferring a motor vehicle’s title to the new buyer.
Form 30: Form 30 is important for making an application for information on a motor vehicle’s ownership transfer.
Form 31: This form is required to apply for transferring the sold car’s name to the new buyer who has just bought the vehicle.
Form 32: Form 32 is only required if the vehicle has been bought at auction. When private sellers sell used cars filling up this form is unnecessary.
Form 35: Form 35 is essential if the sold car is hypothecated to a bank.
Cost of A Used Car’s Title Ownership Transfer
Knowing how much the entire ownership transfer process costs automatically becomes important if you want to know the process of transferring a used vehicle’s title. So, here is a list of fees you must pay to transfer the name of your current vehicle to the new buyer.
- You need to pay 300/- to transfer the name of a non-transport light motor vehicle.
- The fee for transferring a medium-sized vehicle for goods is 500/-.
- You must pay 750/- to transfer a heavy goods vehicle’s ownership to a new buyer.
- You can pay 750/- to transfer a passenger vehicle’s name to a buyer.
- You must pay 500/- to transfer a light motor vehicle’s name to a new buyer.
How to Transfer A Used Car’s Name to A New Buyer
Transferring a used car’s name to a new buyer is divided into two processes: Offline and online. You can use any process for your car’s title transfer you want.
Now, let’s check the offline process of transferring a used car’s name to a new buyer:
Offline Process
The offline process of transferring a car’s title follows some steps. Those are as follows:
Step 1:
The first step to transfer a used car’s title to the new buyer is to create an agreement sale, where you, as a seller, need to mention the insurance, mode of payment, condition of the sold car and the details of the registration certificate.
Step 2:
Once the sale agreement is created, it is time to fill up the necessary documents for transferring the car’s title to the new buyer. Both the seller and buyer must fill up Form 29 and Form 30 and submit the same to the local RTO.
Step 3:
Now, you can give the buyer the sold car’s insurance certificate, PUC certificate, and registration certificate. But you do not need to hand over the vehicle’s invoice.
Step 4:
The buyer must apply for a clearance certificate by writing a requisition letter. It can only be submitted to the local RTO.
Step 5:
The buyer needs to pay the required fees to the RTO for transferring the vehicle’s title. The buyer also needs to provide the below-mentioned documents:
- Insurance certificate
- Valid PAN card
- Any valid address proof document.
- Registration certificate
- Pollution Under Control certificate
- Clearance certificate
- Photograph (passport-sized)
- Form 29
- Form 30
- Self-addressed envelope with stamp
Step 6:
After submitting the documents and the fees to the RTO, the buyer will receive the new registration certificate via post or mail.
Online Process
If you want to sell used cars but you do not have time to go to the local RTO now and then to submit the required documents, then we suggest you go for the online process. You can apply for the car’s title transfer through the ParivahanSewa website, and by following a few steps, you can transfer your old vehicle’s ownership to the new buyer:
Step 1:
Go to the Google Chrome browser and type ‘Parivahan Sewa official website.
Step 2:
Once you go to the official Parivahan Sewa website, navigate to the ‘online services’ option.
Step 3:
Now, click on the ‘vehicle-related services’ option.
Step 4:
Enter the registration number of the vehicle you are about to sell.
Step 5:
Tab on the ‘proceed’ button.
Step 6:
Tab the misc (To/CoA/HPA/HPS/HPT/DupRC).
Step 7:
Once you tap on the misc, you will be asked to provide your phone number. Provide your mobile number to the right box.
Step 8:
Now, press the generate OTP button.
Step 9:
When you get the OTP in your number, enter the same and click on ‘show details’.
Step 10:
Click on the ‘transfer of ownership’ option and provide the required details like your address, new owner’s details, insurance and permanent address.
Step 11:
Choose the ‘payment’ option and pay the required fee.
Step 12:
Forms 29 and 30 will be generated after payment. Sign the hard copies of both documents.
Step 13:
Now, submit the required documents (RC, insurance certificate, PUC, etc) to the RTO.
Step 14:
Few days after the submission, the registration certificate will be provided to the new owner.
Conclusion
Transferring the title of a used car is a lengthy and tiring process. However, knowing everything about the transfer can simplify the process for novice car sellers and buyers. If you are a little tense about selling your used car to a potential buyer, follow the information provided above to get a clear perspective on how to transfer the car’s title to a new owner.
