You’ve decided to sell your car and upgrade to a better one. When you sell your car to Carro, everything will be taken care of. But if you want to do it yourself, all you have to do is follow these 3 easy steps:
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If there’s an outstanding loan, there are two ways to sell your car. First, you pay it off before the car is transferred to the buyer. The buyer then can take a loan to pay for the car if they cannot pay for it upfront. Another option is to have the buyer apply for a loan and have the respective banks deal with the loans. If the new owner’s loan does not pay off your loan, you will have to pay the difference.
A used car can only be sold with certified Puspakom inspection forms. You will need to b ring your MyKad and original vehicle ownership certificate (VOC) aka car grant. You will also need to fill in several forms. These are:
To finalise the transfer, you need:
You will then need to fill in the JPJK3 form. Together with your other documents, submit this form at the counter and complete a biometric authentication (thumbprint scan) to complete the process. The JPJ officer will provide you with a confirmation slip. The new owner will use this confirmation slip to complete the car ownership transfer. If you cannot physically pass the confirmation slip to the new owner, a clear digital copy is accepted.
The new owner can then go to a JPJ branch with his MyKad and the confirmation slip. There the new owner can complete the JPJK3 form the biometric authentication to finalise the car ownership transfer!
If you do not fancy a long wait at the JPJ office, you could do the transfer online. But first, you need to get a reference number from a JPJ branch. Once you have that, you can visit the MySikap portal to begin the transfer.
And that is it! The car is transferred!
If your car has one or more of the below conditions, there are several differences in the transfer process.
For foreigners who wish to sell used cars in Malaysia, the car’s loan must be completely paid off prior to sale. The car can then be inspected by Puspakom. In this case, the B5 form will be used.
To sell your e-hailing used car, you must first inform your e-hailing company. The company then notifies the Land Public Transport Agency to cancel your permit. Only then can the car be brought to Puspakom for the usual inspections.
For company cars, the process is the same as the private seller’s requirement. However, there are more documents required when it comes to selling a company car. The forms required consist of company registration forms 9 or 13, as well as form 49. You will also need to prepare:
And that is how you get a car’s ownership transferred. If you want a hassle-free process instead, you can choose Carro and get:
What are you waiting for? Book a free inspection with Carro today!