Dear all sifus,

I recently booked a new car. Paid for full insurance for the new car. My current ride NCD is 25%. Insurance expiring August 2018. My SA told me to let the insurance expires on it own and then they will refund me the balance 5% (30%-5%) after the insurance expires. My current ride, there is a buyer already. I read that in order to transfer name I need to cancel my insurance? Can I dont cancel, let it expires naturally and transfer name at the same time? Number plate will be different as I am taking my plate to the new car. Thanks for advise.

Dear all, advice needed. I am buying a 47 yrs old classic car from a private seller. The car does not have loan anymore. I am paying by cash. I have paid the seller RM1K as deposit. The Puspakom is arranged to be on this Thurs. Seller is at Melaka. I am at Selangor. Puspakom Thurs at Melaka. Seller said if Puspakom lulus, before he thumbprint to transfer, I should settle the balance 100% but me as buyer also cautious. I suggested to pay 70% then he does the thumbprint, I do the thumbprint. Then balance 30% given on the spot once transfer is done.

He countered with:

1. Puspakom passes
2. I pay 70%
3. Car will be send to restoration workshop at Selangor via towing
5. Once we confirm car is at the workshop, we pay balance 30%
6. Seller to do thumbprint at Melaka
7. I do thumbprint at Selangor

I am a bit worried of doing it separately haha I am thinking, we should do together at JPJ Melaka. After I read many pages, I would propose this to seller:

1. Puspakom passes this thurs
2. 1-2 days before the meet up at JPJ Melaka, buy car insurance
3. both meet at JPJ Melaka
4. Seller to cancel his road tax and insurance
5. Pay 70% instant transfer
6. Both to do thumbprint
7. Buy a new roadtax with the insurance we have so the dates match
8. Car arrange to be delivered to Selangor
9. Both to sign a vehicle purchase agreement, simple only, two copies
10. Pay remaining 30% instant transfer

What do you think? Sorry first time buying 2nd hand car. Thank you.

I feel that i have already express my trust by giving 70% without anything in return. I just hope he trust me with the 30%. If he cant then might as well call off the deal. Tq for feedback!

Oh sorry I missed your question. It was not successful because of disagreement on the payment method. Guess we both did not trust each other. I managed to get another one. In the process of transferring name. Pending Puspakom inspection

it is a VW Kombi T2

VW Kombi. Not Nissan hehe