So it is no news that the prices of new cars in India are rising incessantly. And since owning a car is slowly but surely becoming a necessity, not a luxury, buyers are now opening up to the idea of buying pre-owned cars.

Buying a pre-owned car is a smart financial move as you would own a swanky new ride without draining your savings or selling an arm or leg to the banks for a loan.

However, buying a pre-owned car should be followed with diligence as without that, you might neglect taking the right steps such as gathering all the right documents beforehand so that re-registering your preferred pre-owned car concludes seamlessly.

Why You Need To Re-register A Pre-Owned Car?

The answer to the above question is simple. You bought a pre-owned car which is still registered in the name of the previous owner. The insurance of the vehicle still flies the name of the previous owner. The vehicle meets with an accident and the legal liabilities and repair costs that ensue after the incident would hound the previous owner and not you.

Additionally, if somehow this vehicle is stolen and used to commit a crime, you will have a hard time proving to the lawmakers and enforcers that you own the vehicle and not the previous owner.

In a nutshell, re-registering your pre-owned vehicle ensures that all ownership rights and legal responsibilities that entail the vehicle are transferred to you. After this process is completed, you will be able to renew the car’s insurance, pay its road tax, or go ahead and sell the car in the future, if you want to!

The Documents Required!

During the re-registration process of a pre-owned vehicle, you would need to gather these documents and keep them ready.

• Form 29 & Form 30 – these would transfer the ownership of the pre-owned vehicle from its last owner to you!
• Original Registration Certificate (RC) – to prove that the vehicle history is clean.
• Pollution Under Control (PUC) Certificate – to prove that the vehicle’s emission standards meet the current environmental norms.
• Valid Insurance Certificate – where the details contain your name instead of the previous owner’s details.
• Address Proof – either your utility bills, Aadhar card, or passport.
• Identity Proof – your Aadhaar card, PAN card, or passport should suffice.
• PAN Card/Form 60 – of you and the previous owner.
• Chassis & Engine Pencil Print – these are impressions taken from the car.
• NOC (No Objection Certificate) from the RTO (in case the car was registered at a different RTO) and from the financier (to prove that the car has no pending EMIs).
• Buyer and seller signatures as well as recent passport-sized photos of the new owner. Then submit the above documents to the RTO nearest to you and fulfill the processes asked of you by the officials over there!

Get a Vehicle History Report Before Re-registering The Pre-Owned Car

Before finalizing the deal for a pre-owned car, make sure that you take the time to do a bit of RTO vehicle history check by investing in an AutoHealth vehicle history report. The outcome is that you will be taking home a pre-owned car with a clean history and no pending financial liabilities thereby securing your ownership experience all the while leaving you with peace of mind.