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> Change Of Ownership Without Runner Procedure, D.I.Y / Runner / Home Appointment

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chinteck79
post Sep 28 2013, 05:04 PM

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hi Bros, i wantto ask about the procedure how u all sell the car yourself. it's regarding the payment part between the buyer n seller. when do you get the full payment from the buyer? before u go jpj transfer name or after? how about the buyer if he wants to take bank loan? how do we go about it? anyone have experience can shed some light?

last time my experience is cincai n based on trust.
1. i post on mudah, buyer come test drive.
2. buyer ok n pay the deposit. but i dont have any receipts or document. buyer is good n trust us with the deposit.(but if i am on buyer side i wont pay lo cause worried seller will disappear)
3. get all the jpj n puspakom forms let new buyer sign. ask for balance before tranfer name. this round buyer not willing to pay say after transfer only pay. (we understand their concern but we also worried after transfer they dont pay. we go ahead n transfer based on trust)
4. after transfer deliver car to buyer house. buyer pay full in cash. thank god whole process everyone is good ppl.

but this world is full of conman either seller or buyer. i am just wondering what is the correct procedure if we dont really trust each other n make sure this transaction safe for both party? what are the procedure if buyer is taking loan frm bank? really hope someone can clarify


 

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