Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 How to safely buy used car in cash?, Direct owner cases

views
     
TSsfl
post Sep 15 2018, 03:56 PM, updated 8y ago

Getting Started
**
Junior Member
93 posts

Joined: Jan 2008
From: JB


Planning to buy a direct owner used mercedes e200 2008 from a indian guy,the car alrdy full settlement long time ago.he told me to give him cash n next day together go jpj transfer name but i worry after paid cash he disappear.need help,thanks

This post has been edited by sfl: Sep 15 2018, 04:00 PM
ahfox
post Sep 15 2018, 04:18 PM

Getting Started
**
Junior Member
70 posts

Joined: Oct 2010
QUOTE(sfl @ Sep 15 2018, 03:56 PM)
Planning to buy a direct owner used mercedes e200 2008 from a indian guy,the car alrdy full settlement long time ago.he told me to give him cash n next day together go jpj transfer name but i worry after paid cash he disappear.need help,thanks
*
u make bank draft,
gv seller some money to prepare all the puspakom inspection..go to JPJ,tumb print,then gv the bank draft
TSsfl
post Sep 15 2018, 07:11 PM

Getting Started
**
Junior Member
93 posts

Joined: Jan 2008
From: JB


QUOTE(ahfox @ Sep 15 2018, 04:18 PM)
u make bank draft,
gv seller some money to prepare all the puspakom inspection..go to JPJ,tumb print,then gv the bank draft
*
Thanks for the feedback,u mean make a bank draft under seller name n both go to jpj for name transfer n after success transfer just give the bank draft to seller izit?
6UE5T
post Sep 15 2018, 11:49 PM

Regular
******
Senior Member
1,704 posts

Joined: Sep 2012
QUOTE(sfl @ Sep 15 2018, 07:11 PM)
Thanks for the feedback,u mean make a bank draft under seller name n both go to jpj for name transfer n after success transfer just give the bank draft to seller izit?
*
Yes coz if you just give him money first, then he can just run away with it and refuse to transfer the title. I also just bought a car for my son which I paid cash in full. My process was as follows:
1. After cross checking the car and the title, I bargain until we agree on the price.
2. I checked on any outstanding summons and inform the owner that she needs to settle those.
3. I paid a deposit of rm500 and get a receipt. I also asked for a copy of the owner IC, name card, and can also ask for full address if you did not go to the owner house when checking the car.
4. The owner arranged to pass puspakom inspection and settle all summons on her own cost. Puspakom inspection MUST be the seller responsibility because that is to ensure that the car is road worthy and sellable to begin with! So it's the seller responsibility to get it up to road worthy condition so it can be sold otherwise they cannot sell the car to begin with.
5. I checked online to ensure all summons settled.
6. I went to my bank to prepare a bank draft for the remaining balance of the price.
7. We met up around 8am at JPJ Wangsa Maju to do title transfer which she paid as well (around rm200 if not mistaken). So once I got the title, I gave her the bank draft and I took the car immediately, finish. This last step was done in less than 30 mins.
WaCKy-Angel
post Sep 15 2018, 11:58 PM

PeACe~~
*********
All Stars
21,963 posts

Joined: Dec 2004
From: KL



QUOTE(6UE5T @ Sep 15 2018, 11:49 PM)
Yes coz if you just give him money first, then he can just run away with it and refuse to transfer the title. I also just bought a car for my son which I paid cash in full. My process was as follows:
1. After cross checking the car and the title, I bargain until we agree on the price.
2. I checked on any outstanding summons and inform the owner that she needs to settle those.
3. I paid a deposit of rm500 and get a receipt. I also asked for a copy of the owner IC, name card, and can also ask for full address if you did not go to the owner house when checking the car.
4. The owner arranged to pass puspakom inspection and settle all summons on her own cost. Puspakom inspection MUST be the seller responsibility because that is to ensure that the car is road worthy and sellable to begin with! So it's the seller responsibility to get it up to road worthy condition so it can be sold otherwise they cannot sell the car to begin with.
5. I checked online to ensure all summons settled.
6. I went to my bank to prepare a bank draft for the remaining balance of the price.
7. We met up around 8am at JPJ Wangsa Maju to do title transfer which she paid as well (around rm200 if not mistaken). So once I got the title, I gave her the bank draft and I took the car immediately, finish. This last step was done in less than 30 mins.
*
I sold my car previously i didnt even pay a single cent for inspection and transfer.
I just get the cash and pass the geran on the spot, with a black & white letter stating I sold the car to who who who on this date and etc etc..
Buyer later settle everything and even come to my house to get my fingerprint for transfer name.
6UE5T
post Sep 16 2018, 12:07 AM

Regular
******
Senior Member
1,704 posts

Joined: Sep 2012
QUOTE(WaCKy-Angel @ Sep 15 2018, 11:58 PM)
I sold my car previously i didnt even pay a single cent for inspection and transfer.
I just get the cash and pass the geran on the spot, with a black & white letter stating I sold the car to who who who on this date and etc etc..
Buyer later settle everything and even come to my house to get my fingerprint for transfer name.
*
Well lucky you then. Maybe buyer felt very comfortable with your selling price already so don't mind settling everything else. Or maybe buyer is actually a used car dealer/agent? For me, at least the puspakom should be seller's responsibility because without it by right seller cannot sell the car. Title transfer fee can be negotiable.
mushigen
post Sep 16 2018, 12:24 PM

Look at all my stars!!
*******
Senior Member
4,954 posts

Joined: Jul 2010


Need inspection. Who should pay is up to negotiation, but as a buyer, I won't pay him any money for inspection. If inspection fails, do I get my money back? If seller decides not to sell the car after inspection, do I get my money back?
It's not a big amount of money, but there is a hassle to make appointment and spend time to send the car for the inspection.

Need to buy insurance. Need to agree who pays the transfer fee.

Need to ensure the car can be transferred - no outstanding loans, etc.

You are scared the owner will run away once he gets your money. He will also be worried that you don't pay him after transferring name. Dilemma... No wonder used car dealers can still survive in this internet age.
6UE5T
post Sep 16 2018, 11:21 PM

Regular
******
Senior Member
1,704 posts

Joined: Sep 2012
QUOTE(DM54 @ Sep 16 2018, 11:13 PM)
Any implication if got outstanding summon?.
*
Well technically or legally the summons are for the previous owner and not the new owner and I know there are a lot of people who just buy car with still outstanding summons and have no issues yet with them, BUT you still would like to have a clean car right? If somehow suddenly the car got blacklisted, you don't want the hassle to clear it up right? So IMHO you should insist to the seller to clean up the outstanding summons attached to that car/license plate just to be on the safe side.
6UE5T
post Sep 17 2018, 12:23 PM

Regular
******
Senior Member
1,704 posts

Joined: Sep 2012
QUOTE(DM54 @ Sep 16 2018, 11:34 PM)
Summon been issued to current car owner based on ic number. Not on car plate number. To check online summon u not also need to type number plate but also ic number. Example, previous owner got summon then, it will display online while new owner with same plate number will display nothing.

But no harm try to be caution. Very good behavior tbh.
*
With things that may involve money and police, better be safe than sorry. biggrin.gif

 

Change to:
| Lo-Fi Version
0.0160sec    0.75    5 queries    GZIP Disabled
Time is now: 17th December 2025 - 01:12 PM