How do I buy a used car in the Philippines? What should I pay attention to? How to transfer ownership?

Chinese who often buy a car in the Philippines often suffer losses if they do not change the owner's information in time. For example, if they do not change the owner's information when buying a car of another person, they will not change the owner's information to handle the transfer of ownership. If the owner of the other person has any economic problems in the future, the government will freeze and seal up his property and naturally include the vehicle under his name. If he wants to change the ownership in the later period, he will often have to file a lawsuit and spend more money and time, there are also cases where there are problems with the annual inspection after buying a second-hand car and not using it for one year. During the annual inspection, the system showed that the vehicle was reported lost, and all the people who handled the annual inspection were arrested and went to the police station for investigation. There are also cases where the vehicle is reported after being lost, but because you are not the registered owner of the vehicle, you will not return it to you even if you find the vehicle. The accident insurance claim is also designated to remit the amount of compensation to the owner's bank account.

 

We suggest to ensure your legal rights and interests. After purchasing the vehicle, in addition to doing a comprehensive maintenance, it is also necessary to protect yourself from legal documents.

The required materials are as follows

1 The original vehicle attended once

2 Two copies of the front and back of the identity documents issued by different valid government departments of the original car owner and each signature three times

3 Two copies of the front and back of the identity documents issued by different valid government departments of the new car owner and each signature three times

4 The original purchase and sale contract The seller's buyer has signed it and made 4 copies of fair certification (all kinds can be obtained from us) and then printed it and brought it to the seller for signature. We can be a lawyer for justice.

5 The original OR of the vehicle OR CR is the OR of the latest annual inspection (usually new within one year). If there is no annual inspection for more than one year, there will be corresponding fines and annual inspection fees of about 5000 pesos a year.

6 Philippine Police Department Vehicle Information Legal Information List (this we provide)

7 insurance company policy (this we provide only for transfer documents)

8 vehicle exhaust test report (this we provide only for transfer documents)

9 Buyer and seller tax bureau registration information and tax certificate (the whole we can provide)

10 Other auxiliary materials (all provided by us)

For services such as transfer of ownership and annual inspection of Philippine cars, please consult online customer service.