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

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inc.louis
post Oct 21 2017, 12:11 AM

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Joined: Feb 2009
Hi guys, I have a situation here :

I'm selling my car to a foreigner and he is cash buying the car and I do not owe bank any loan. May I know what are the exact procedure for now year 2017?

1. What are the different selling car to a foreigner and not Malaysian?

2. What are the documents for the foreign buyer required?

3. I will need to cancel the roadtax and insurance before he can purchase new insurance?

4. What happen if I cancel my insurance (55%) NCD in it and I havent buy my new car yet?

5. Will my NCD still available after I cancel it on existing car and transfer it to my new car month later? (Assuming I manage to find a new car after 1-2months later which I havent found any new car yet)

6. What are the procedures for buying/and selling process to a foreigner ? Should I collect full payment before transfer ownership?(Worry scam case)

Hope any master can help me out with this. Cheers




 

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