1. Buyer and seller to discuss who will pay for inspection and change of ownership fees.
-Change Name - Rm150
2.Seller to bring the vehicle to puspakom for inspection with geran/registration card. Request for a form at the counter. Complete inspection and collect the slip/result.
B5 - if new owner buys with cash
B5/B7 - if new owner is using hire purchase/car loan, once done provide approval slip to bank and bank will do name transfer on their side, you pay the bank rm300-400 depends on the banks...they call this transfer fee if I'm not mistaken.
-please remove your tint if it's too dark yourself by going over to an accesory shop, they can charge between rm30-60 depends on car/place etc.. if not puspakom guys will just tear it off and leave the gum all there or just fail you.
-some are even open on saturdays for those who are busy working during weekdays. can check out their site
Puspakom Branches and Opening Hours
3.Proceed to JPJ for change of name request with geran and all the documents above., request change of ownership(tukar nama) document at front desk. Fill form of new and old owners details. Obtain que number from front desk and proceed to counter for IC and thumbrpint verification for both new and old vehicle owner.
4.If one party is out of state, they can go to their respective JPJ branch and complete the procedure seperately.
For those who cant go to jpj directly:
Runner fees for inspection can range from rm80-rm150, and change name rm300. for those who dont have time, can use this services. For those who needs special request due to punched engine number, mounting modification, no approvla for sunroof etc or aka special case, you have no choice but to bare the fee's of a runner which is going to cost definitely more than Rm150 for special case. I even heard of Rm1k for this kind of situations.
Prepare your geran, photocopy of IC buyer and seller and hand over to runner. He will also need the original signed copy of the forms mentioned above.
For those who want, can aslo call puspakom 03-20527474 and schedule an appointment 3 days in advance to come over to your house and perform the inspection Rm100 service fee+rm30. However only certain branches can offer this services, so check at the link above or contact them.
ADDED - Hire Purchase
So the banks, will willingly approve loans without advising the buyer that the sellers car must be fully settled, so when the seller says he cant fully pay the loan, the buyer needs to pay a cancellation fee with the bank... So its a win win situation.
Because you only have these options.
Seller hires service of a used car dealer to do invoicing and used car will settle the bank loan for you.. Then process the sale, then the buyer's bank releases the money to used car... any excess or shortage can be retrieved or paid to the used car dealer. This fee can range between 2k-5k , depending on the loan outstanding amount.
Buyer cancels the loan due to seller unable to settle the car loan. But buyer will be charged with cancellation fee by the bank who approved his/her loan, this can be argued i believe if the bank approved the loan without asking/advising that the car must be cleared of any hire purchase. It will be a long and annoying fight
Buyer and seller work out a deal to payoff the amount charged by used car for their fees. Maybe 50/50 etc.
Seller clears the loan him/herself and wait for the disbursement by the buyers bank, you'll get back the cash
I hope this message reaches out to all sellers and buyers, because i feel this is really absurd. the way banks and the dealerships is playing around with the people. So before you get stuck in this cycle, PLEASE let your friends and family know.... if you are buying or selling a car, ALWAYS check if it has an existing loan, then advise the seller that it must be cleared before you apply for a new loan. Once you apply and approved, they win.