Selling a car in New Zealand can often be a headache not knowing where to sell and to who deal with. New Zealand consists of thousands car dealers each company have got their own policy and process when buying vehicles. it is beneficial to contact your car dealer and ask them about the process and how they buy cars. Some times car owners are left with no option but to sell car for quick cash which often end up getting a small amount. We have come up with some main points to help you get better idea how it works!
Your first step after selling your car is to inform NZ transport agency you can do it in person or online. You have to fill up a form that requires details of buyer and your detail. Ask the buyer to provide you a sale receipt when dealing with a car dealer make sure the receipt by the company with letter head.
Main Points
- Double check you’ve paid all licence fees and charges
- RUC is up to date and no pending payments outstanding
- The vehicle should have a current warrant of fitness (WOF) nad it shouldn’t be less then 1 month
There are consequences if you do not advise NZ Transport agency about the sale of your car.
For example: if the new owner incurs speed camera fines, parking fine, not paid licence fees and not displaying WoF, All the charges will be under your name and often you may have to pay for it.
Hassle free sale
One of the important step often car owners take it make sure the new owner has notified NZ transport that they’ve purchased the car before handing it over to them. The quickest way is to get them do it online which take couple of minutes.
There are fine included if you don’t advise NZ transport you’ve sold your vehicle to the nominated person. For individual you may be charged up to $1000 and up to $5000 for businesses. One advantage of selling a car to a car removal company such as Kiwi cash for cars is that they complete all the required forms and notify NZ Transport immediately.
Can I Sell Unlicensed Car?
You can sell an unlicensed vehicle as long as there are no outstanding fees. It is your responsibility to advise the owner to get the vehicle registered before driving. Want info about getting cash for your car with free car removals in Christchurch ? Click here