There are many used cars in the market, which are sold and bought by Indian customers. There are so many potential buyers who love to buy a used car. There are a number of benefits that come with them like it’s very cheaper than original price of the car (almost half). Other than that, if the old customer has maintained that car properly, you will get great mileage as well as low maintenance cost. It is a vast market that is growing day by day.
There can be many procedures to be followed while buying a used car. The most important thing is registering the car from the old customer’s name to the new customer’s name. The documents required are mentioned below.
- No Objection Certificate (NOC) from the RTO in CMV Form 28.
- Application for Karnataka Registration
- Present Address Proof
- Change of Address (would cost around Rs 300)
- Intimation of Migration
- RC book
- Vehicle Insurance Certificate
- Purchase Bill
- Pollution Under Control (PUC) Certificate
- ID Proof of the buyer
- Demand Draft for tax amount for about Rs 3000 to be paid to the RTO officer.
These are some of the proofs and documents required while submitting your application to register the name of the new buyer’s name with the used car. This process is mandatory, without performing this process, whenever there is any problem with the vehicle, and police gets involved in any sort of case, then old user has to be in charge of the activities of vehicle, which is inappropriate for the old user.
The process of used Maruti Suzuki Wagon R registration bangalore will take around 15-20 days. In case of any delay in receiving the documents, the new buyer could go to RTO to find the status of their application for any mistakes that may have occurred during the process.