TRADE IN YOUR CAR
Are you interested in replacing your old car with a new one? We completely provide you this service. We will try to provide you the most favorable price for your car. Trade in with us may be the best option if you do not have any direct buyers and we will rearrange everything for you. However, there are small portion of our customers who are interested in selling their car to other direct buyer or used car dealer. Here, we provide you essential information about the procedure that you have to go through.
Transferring Car Ownership with JPJ:
- Complete JPJK3, TM-1 and TM-AB forms which are available on JPJ's website.
- Bring with you a photocopy IC of both buyer and seller.
- Go to the nearest JPJ department and submit all of the forms together with your car's original registration card and the new buyer's insurance cover not.
- RM1xx fee will be charged.
Selling Car to A Direct Buyer:
- Buyer and seller must present at the bank.
- Car registration document is required to apply a newloan.
- Specific procedures will be explained at the bank but at the end, bank will pay the difference to the seller.
Selling Car to A Used Car Dealer:
- Negotiation on the selling price is encouraged.
- Make price comparisons by referring to different dealers.
- The dealer would pay you a down payment fee and critical information on selling price, down payment and balance.
- Both parties must be present at JPJ department to complete a process of verifying registered owner identity (Pengesahan identiti pemunya berdaftar) to certify the sales agreement.
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