- Sep 17, 2008
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Dear Bros and Sisters of ZTH. This thread was created for the purpose to know the right Procedures ,Processes and HOW in Selling Our Cars, Buying Used Cars and Trading in our cars for a 2nd hand cars.
We all know and some are concern like me which we may end up in a scam deal when selling or buying a used car. So, I just hope everyone here can help to share what you know or based on your experiences on what procedures, processes and things to take note when dealing with used car dealers. I realised is not really lots of info that we can find online. So, while I keep finding for more info. Maybe some of us could share whatever info necessary or precautions that we should take in selling or buying a car and even trading our cars.
(1) & (2) PROCEDURES OF SELLING / BUYING A 2nd Hand Car In Malaysia.
1. Document preparation (ALL JPJ FORMS CAN BE DOWNLOADED from JPJ website)
i. Get a set of transfer forms needed in the nearest J.P.J. branch.
a) Borang Semak (TM3).
b) Transfer of ownership form (JPJK3). (JPJK3A is for deceased owner)
c) Form to certify new ownership (TM-AB). (It is needed only if the new owner does not able present to JPJ)
ii. Fill up the form and sign it wherever necessary.
iii. The new owner’s identification card or MyKad have to be certified by:
a) An officer of the Transport Department.
b) A Commissioner of Oaths.
c) A Justice of Peace of J.P.
d) A Judge from the Session Court.
(If you wish to save some money, you could go to J.P.J. office. An officer there will help you certify the above documents.)
2. Puspakom - Car checking
Find the nearest Puspakom center to do this checking.
(please check it at http://www.puspakom.com.my/html/inspection_branches.aspx). Although your car should be in a good condition to pass the test, it is good idea to send it for servicing before sending it for inspection purposes. After that, Puspakom authorities will supply a K5 certificate which is required in the car transferring by the J.P.J. authorities.In my case (private car), it took me about one hour and the cost is just RM30.
3. New insurance purchasing
The new owner is required to buy a new insurance (under his/her name).
4. Submitting all the documents and the transfer form to the J.P.J. for transfer.
Another cost is a transfer fee of RM100. That's all for today. More fascinating articles and sharing will be updated from time to time in Xaivier Blog. Therefore, you are welcome to subscribe our feed, look at our sitemap or simply visit our Homepage.
Written by: Xaivier Chia
----------------------------------------------------------------------------
Other Useful Links:
-For more information about No Claims Discoun (NCD), Excess, Own Damage Claims, Theft and Windscreen Claims etc.
Roadtax.com.my
-JPJ forms and Q&A-
http://portal.jpj.gov.my/index.php?...-sukarela&catid=6:kenderaan&Itemid=42&lang=en
-"I wish to inform you that “middle men” demand as much as RM450 – RM500 for such a transfer. So, do you think the amount is worth paying for such a job done, by all means, you could engage their services."
How To Transfer Vehicle Ownership In Malaysia
P/S: I paid RM250 for so-called "middle man" (Motor Insurance Agent) for processing step 1, 3 and 4 after I settle Puspakom myself. In fact, it was a not bad experience for me in Puspakom. Just drive my car to Puspakom and then wait for checking. That's all. Simple and save money.
P/S: For latest information about "Procedure of Selling / Buying a Second-Hand Car in Malaysia", please consult J.P.J. officer in your nearest J.P.J. branch or log on Portal Rasmi Jabatan Pengangkutan Jalan Malaysia.
//==============================================//
Updated: 2013 Oct
About sell your car during the existing Hire Purchase (HP) term:
"When you sell your car during the existing Hire Purchase (HP) term, ensure the outstanding loan is fully settled with your financier before you transfer the ownership. You will be liable for any unpaid installments as long as the HP loan is still under your name" - AKPK
Source: Procedure of Selling / Buying a Second-Hand Car in Malaysia
--------------------------------------------------------------------------------------------------------------------
3) Trading in Your Car, For Another 2nd Hand Car from Used Car Dealers.
This is the one that I can find minimal info on how to go about it and what are
the procedures in Malaysia.
Say, I trade in my Car at RM23K and interested in a RM13K 2nd Hand Car.
Say Full Settlement for my car that I'm going to trade in is RM19K and I'm trading at RM23K.
So what are the procedures and ways to do it? Anything to take note? I'm not quite clear with
trading cars to get another used car procedures. Hope anyone here care to share.
We all know and some are concern like me which we may end up in a scam deal when selling or buying a used car. So, I just hope everyone here can help to share what you know or based on your experiences on what procedures, processes and things to take note when dealing with used car dealers. I realised is not really lots of info that we can find online. So, while I keep finding for more info. Maybe some of us could share whatever info necessary or precautions that we should take in selling or buying a car and even trading our cars.
These is what I found that I can share in this Thread. Anyone is welcome to input more info and I shall amend/add in into the 1st Page.3 Questions:
1) Procedures in Selling Your Car to Used Car Dealers.
2) Procedures in Buying a Car from Used Car Dealers.
3) Procedures in Trading Your Own Car to Get Another 2nd Hand Car from Used Car Dealers.
(1) & (2) PROCEDURES OF SELLING / BUYING A 2nd Hand Car In Malaysia.
1. Document preparation (ALL JPJ FORMS CAN BE DOWNLOADED from JPJ website)
i. Get a set of transfer forms needed in the nearest J.P.J. branch.
a) Borang Semak (TM3).
b) Transfer of ownership form (JPJK3). (JPJK3A is for deceased owner)
c) Form to certify new ownership (TM-AB). (It is needed only if the new owner does not able present to JPJ)
ii. Fill up the form and sign it wherever necessary.
iii. The new owner’s identification card or MyKad have to be certified by:
a) An officer of the Transport Department.
b) A Commissioner of Oaths.
c) A Justice of Peace of J.P.
d) A Judge from the Session Court.
(If you wish to save some money, you could go to J.P.J. office. An officer there will help you certify the above documents.)
2. Puspakom - Car checking
Find the nearest Puspakom center to do this checking.
(please check it at http://www.puspakom.com.my/html/inspection_branches.aspx). Although your car should be in a good condition to pass the test, it is good idea to send it for servicing before sending it for inspection purposes. After that, Puspakom authorities will supply a K5 certificate which is required in the car transferring by the J.P.J. authorities.In my case (private car), it took me about one hour and the cost is just RM30.
3. New insurance purchasing
The new owner is required to buy a new insurance (under his/her name).
4. Submitting all the documents and the transfer form to the J.P.J. for transfer.
Another cost is a transfer fee of RM100. That's all for today. More fascinating articles and sharing will be updated from time to time in Xaivier Blog. Therefore, you are welcome to subscribe our feed, look at our sitemap or simply visit our Homepage.
Written by: Xaivier Chia
----------------------------------------------------------------------------
Other Useful Links:
-For more information about No Claims Discoun (NCD), Excess, Own Damage Claims, Theft and Windscreen Claims etc.
Roadtax.com.my
-JPJ forms and Q&A-
http://portal.jpj.gov.my/index.php?...-sukarela&catid=6:kenderaan&Itemid=42&lang=en
-"I wish to inform you that “middle men” demand as much as RM450 – RM500 for such a transfer. So, do you think the amount is worth paying for such a job done, by all means, you could engage their services."
How To Transfer Vehicle Ownership In Malaysia
P/S: I paid RM250 for so-called "middle man" (Motor Insurance Agent) for processing step 1, 3 and 4 after I settle Puspakom myself. In fact, it was a not bad experience for me in Puspakom. Just drive my car to Puspakom and then wait for checking. That's all. Simple and save money.
P/S: For latest information about "Procedure of Selling / Buying a Second-Hand Car in Malaysia", please consult J.P.J. officer in your nearest J.P.J. branch or log on Portal Rasmi Jabatan Pengangkutan Jalan Malaysia.
//==============================================//
Updated: 2013 Oct
About sell your car during the existing Hire Purchase (HP) term:
"When you sell your car during the existing Hire Purchase (HP) term, ensure the outstanding loan is fully settled with your financier before you transfer the ownership. You will be liable for any unpaid installments as long as the HP loan is still under your name" - AKPK
Source: Procedure of Selling / Buying a Second-Hand Car in Malaysia
--------------------------------------------------------------------------------------------------------------------
3) Trading in Your Car, For Another 2nd Hand Car from Used Car Dealers.
This is the one that I can find minimal info on how to go about it and what are
the procedures in Malaysia.
Say, I trade in my Car at RM23K and interested in a RM13K 2nd Hand Car.
Say Full Settlement for my car that I'm going to trade in is RM19K and I'm trading at RM23K.
So what are the procedures and ways to do it? Anything to take note? I'm not quite clear with
trading cars to get another used car procedures. Hope anyone here care to share.
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