Selling a car could be stressful at times, but what if I told you to sell your car in 30 minutes? Now that sounds almost too good, right? That’s possible to do if everything is ready at hand.
However, to hasten the sales process and smoothen up the transaction of selling your vehicle, you might need to produce some documents or papers. Have you ever pondered what a seller needs at the time of selling a vehicle? Let us see the list below!
Why Do You Need Documents When Selling Your Car?
When you sell a car, the buyer and the government want to prove that the transfer of ownership is done legally. It is then essential to provide all the required documents so you won’t run into problems down the line like outstanding fines, ownership disputes, or even law issues.
So, let’s talk about what are the mandatory documents you would require when you are selling your car.
1. Original RC (Registration Certificate)
RC is one of the vital documents required to sell your car. It shows that the vehicle has been registered in your name. Without an RC, the owner will not be able to transfer the car under his name.
What to check?
- Ensure that it is an original copy and its photocopy.
- It must be produced with correct information. This includes your name, model of your car, chassis number, and engine no.
- You must get a duplicate RC from the RTO before you can sell your car if the RC is lost.
2. Valid Insurance Certificate
Another important document required while selling your car is a valid car insurance policy. Most buyers prefer to purchase a car that has active insurance because it offers them protection in case of any accidents.
What to check?
- If your insurance is expired, it’s best to renew it before selling.
- If the new owner wants to transfer the policy, you should contact your insurance provider and initiate the transfer.
- If the buyer prefers their own insurance, you can cancel your policy after the sale is completed.
3. Pollution Under Control (PUC) Certificate
The PUC certificate is a confirmation that your car meets the standards of emission. It is a legal requirement for all vehicles on the road.
What to check?
- It should be valid at the time of sale.
- If it expires, you can collect a new PUC certificate from any authorized emission testing center.
- It should match the car’s details- registration number and emission readings.
4. Car’s Service History (Optional but Recommended)
Though not optional, possessing a service history record fetches you a better selling price for your car.
Why?
- It indicates that the car has been properly taken care of.
- It gives you an air of credibility to your asking price.
- If you don’t have full service history, even a few service records are useful.
5. Duplicate Car Keys
It is always handy to have a spare key. Most buyers would expect to receive both original and duplicate keys in the sale of a car.
What to look for?
- Both keys should be in good working condition.
- If you have lost the duplicate key, inform the buyer about it.
6. RTO Forms for Ownership Transfer
For a successful transfer of ownership, you need to fill out certain RTO forms. These forms ensure that the vehicle is legally transferred to the new owner.
Important RTO Forms:
- Form 28: No Objection Certificate (NOC) – Required if you are selling the car outside your state.
- Form 29: Notice of Transfer – It declares that you have sold the car.
- Form 30: Application for Ownership Transfer – The buyer submits this to the RTO to transfer the vehicle to his name.
These forms are available at your local RTO or can be downloaded online.
7. Sale Agreement & Delivery Note
It’s always a good idea to have a written agreement when selling your car to avoid any confusion later.
What should be included?
- Buyer and seller details.
- Car details (model, registration number, chassis number, engine number, etc.).
- Sale price and payment method.
- Date and time of delivery.
- A signed declaration that the car is sold as-is.
- This protects both you and the buyer in case of any disputes in the future.
8. Road Tax Payment Receipts
When you sell a vehicle, for example, the buyer will ask for the receipt of payment of road tax to ascertain whether all the taxes have been paid.
What to check?
- Make sure you have received all road tax receipts.
- If you are unable to find it, you can get a copy from RTO.
Sell Your Car in 30 Minutes Hassle-Free!
Having all the documents ready will make the selling process of your car quick and easy. Whether you are upgrading to a new car or just want to get instant cash, a well-prepared sale means no last-minute hurdles.