Exchanging or selling old car is not like selling or exchanging old newspaper

Have you ever handed over (tantamounting to sale) your old car or bike to a new car/ bike dealer for exchange and bought a new ride?

Were you paid the value of the old car/ bike in cheque/ draft or was the amount deducted from the invoice value of the new vehicle as exchange bonus or value?

Have you preserved copies of those cheques/ drafts, bank statements, Form 29 and 30, delivery note, a copy of the money receipt with all details, copies of proof of address, proof of identity, PAN card, etc, etc?

Does the invoice of the new car bought by you mention the discount you got for exchanging your old car with mention of registration number + engine number + chasis number of the earlier vehicle?

If your answer to the question in the proceeding paragraph is NO, you are possibly staring at a lot of heartburns!
If yes, then you have a 'somewhat' logical & favorable case in your hand.

What if after 3 or 5 or 8 or even 12 years you realize that your old vehicle is still running around in some unknown location in India and the #vahan records say that the vehicle is still in your name?

According to a Supreme Court ruling, you will be fully responsible for all acts and omissions.

Don't even contemplate filing a false FIR that your old vehicle was stolen. You will be as good as a dead duck then.
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# Indian Roadie Safety Tips