If I want to buy a used car from an individual, how to knoe that he have fully settle his loan from any bank ?

But it seem that the practice now is that most banks & finance will auto link that Full settlement with JPJ & no stamp will be required on the registration card.

Some registration card will be stamp with " DiBatalkan oleh System "

Puspakom DIY for Borang B5 [ mean cash sale no loan ] = rm31.80 inclusive of GST and if Borang B7 is rm70 or rm90 [ mean need apply loan & finance hse need it ]

JPJ DIY = rm100.00 , duno GST applies or not.

Why pay more ?

1) If your buyer need to take out a loan to buy it, go for B7, it have a validity of 30days from the day it is approve, but do so only when your buyer agrees to buy by giving you a rm1000 deposit first.

2) The buyer need to buy his own insurance & pay the new roadtax cause once ownership is transferred , the current RT will be cancelled. You can get refunds of the Insurance & RT of the car from the respective offices.

3) refer to answer in 2)

4) Refer to Mudah for the pricing as its very subjective

You won the UM car promo ?

Hope the above helps.

Puapakom's Tinting standard is far more strict than JPJ's, I was told la..............

I seen a few cars Q in front of me have their driver's side film peel off by their respective owners. As for mine, I only applied a layer of anti smash film on the side windscreens. Other than that I am using factory grade glass.

And yes, they did a test on my front & driver side windscreen.

When I received my B5, it was printed there I have 69% of light penetration on the front & side windscreens. The rule states that the front need 70% light penetration & side windows need 50%, and I guess I was lucky that they let my pass with a tolerance of 1% less for the front windscreen.

Go Puspakom to get B5 or B7 > buy Moto Insurance dated to your ownership transfer date > go JPJ > do thumb print scanning [ biometrics to verify yourself that you are not an Alien ] > pay the new roadtax & rm100 for OT.

The former owner can also apply for rebates for his cancel roadtax on the spot by providing his/her Banking Details if the Roadtax is not tranferred to the new owner. Usually the new owner will opt for a new RT to coincide with his new Insurance purchase date for 1 year.

I just did an OT this morning & I am the buyer of a used car via Mudah

Yes, some finance hse will "force" you to buy insurance product from them.

Normal la.......try nego but if its a must , you have no choice , else they wont approve the loan.

Btw, how much they charge you interest for the loan ? any "football money" or admin fee needed ?

This post has been edited by digilife: Jul 12 2016, 08:50 PM

Btw, how much they charge you interest for the loan ? any "football money" or admin fee needed ?

The 4% is simple interest ? mean (4 x 7 ) x 40 k ?

RM455 is okay compared to some used car agent that charges abt rm2000

Simple, this was what I did.

My "old" car have NCB of 55% , when I bought the new insurance for this "new" car, I withdrew my 55% NCB to be used in this new car insurance purchase.

So you may ask me how abt the "old" car's insurance & NCB ?

In my case , I will still keep my "old" car, and I just need to repay the balance of my old car insurance tenure [ which is abt 2mths ] of the difference of the NCB being withdrew. eg if the NCB when I bought the insurance of this "old" car was rm1000, I need to refund them the 3 mths of the rm1000. I duno how they calculate but they will knoe how to do it eventually.

If you decides to sell your old car, just cancel that insurance & you dun have to refund the NCB back to them and the new buyer of your old ar will need to purchase a new insurance premium then.


Can understand ?

Withdraw is the easiest, mine withdraw & buy new Insurance with the 55% NCB & refund the difference of the old car NCB , less than 30mins can do at the insurance ofis cause the NCB status can be seen online by them.

Ownership transfer at JPJ via biometric [ thumb print scanning ] takes less than 15mins if you early at 8.30 at JPJ if seller & buyer go together [ my case ]

Usually you can see on the bottom part of the current Car Registration Card [ not a card actually, its a 90g paper actually ] the Finance company name printed there.

And if its fully settle by the current registered owner, it will either stamped with " Hakmilik Dibatalkan " or " Dibatalkan oleh System "

But then again, in my case it was not even stamp with either of the chop as stated above although my previous owner have fully settled his pymt 2 years ago.

The finance co that he took out the finance have already link the status with JPJ system & it was automatically " BiBatalkan oleh System " when he settled the loan.

Anyway, if the loan is not settled, ownership transfer cannot be performed.

This post has been edited by digilife: Jul 19 2016, 08:14 PM

Sorry for my late reply cause too busy & neglected this thread........

Anyway these is wat I am aware of as at now

1) Usually you need to purchase the insurance before you go for OT, else JPJ will not process the OT. Roadtax , you might be able to use back the seller's RT if he agrees but in my case I opt not to use the seller's existing valid RT cause I want the RT start date same with my Insurance date, if not I will have problem when his RT expires & I need purchase extension of my Insurance when his RT expires & that would be messy in calculation & I might need to pay more cause for extension insurance coverage calculation are always higher in pro rated calculation.......

2) Just withdraw the NCB from the old car to be used on the new car insurance purchase when you purchase the new car insurance but take note that you need to refund the old car NCB too. This is only worthwhile if the difference on savings is big. My case ~ the refund for the withdraw on the old car insurance is rm70 [ 2 mths bal of the insurance tenure of a third party fire & theft policy ] & NCB deduction for the new car is rm600 [ Comprehensive policy ]

3) My case, after the OT in front of the JPJ officer, I pay the seller the Cashiers Order [ bank draft ] on the spot. { prior purchase of the CO for the balance of the agreed sale price minus the deposit }

4) I am not too sure on this , however I was told any summon will follow the registered owner during the saman was issued not the car, meaning any summon unpaid, the owner will have to be responsible because the saman date will determine who is the ownership of the said vehicle. But usually if you have unpaid outstanding saman, JPJ will block the OT. Just do a simple sale purchase letter to be signed by yourself, seller & a witness on the purchase date just incase this might prove to be useful incase needed.



Usually a runner does this, but if you want to save cost, enquire from JPJ or a Runner [ usually a Runner work for a used car co but some Runner can help you do it and you pay them personally ]

Much of it already covered by you, abt the loan approval once you submitted the B5 & B7 you need ask your loan provider & I believe it should be fast [ nowadays loan approval is very fast if you are qualified ~ you get wat I mean ? ] but some loan provider insist you to use their runner to do the JPJ part which would be around rm200 for runner fee on top of the rm150 JPJ ownership transfer fee. Nego with them for the arrangemnent.......

That would be troublesome, get advice from a Runner Service Provider.


Inspection is fast, can be done within a few hours , mine was done in less than 2 hrs, no runner, self drive.

It depends on who is the buyer of your car cause even though they give you a cheque, its not necessary that that cheque will not bounce, I am talking about the precautions & worst case scenario.

For my case, I bought the car from a private seller, I prepare a Cashier's Order from my bank one day before the ownership transfer, buy the required vehicle insurance from my insurer and on the OT day, once the OT was done over the JPJ counter [ rm100.00 fee to JPJ ] I gave the CO to the seller & we shake hands. The CO is as good as Cash just that its a more secure way of handling money.

1) rm52k-rm49k = rm3k ~ standard fee when you buy from a used car company, if not their Salesman eat grass ?

2) Those are "admin & runner fee"

Unless you buy from a "private seller" , else most used car co will charge you Item 1 + Item 2 or either 1.

Its a standard industry practice.

Just transfer the NCD to the new car & refund that balance of 2 mths of the NCD to to the insurer & you would have saved much.

The Ownership Transfer can actually be done, First you need to get the Dead Cert of your Grandfather and then do the OT to the closest next of kind, I believe its best you go enquire from JPJ the complete procedure..........

If you ask Runner to do it, they will quote you a bomb of a price.............

Yes, agreed.

Btw, what car is that ? care to share some details or via PM

If you are a current car owner, just go to your current insurer and they can help you out, if not just contact any online Motor Vehicle Insurer , google pls.