Friday, 16 February 2024

Exchanging old automobiles in lieu of a new one needs careful documentation so as not to repent later


Exchanging car/ two-wheeler in lieu of a spanking new or more advanced brand/ model/ variant is not as easy as two friends exchanging chocolates in lieu of yummy tiffin in school. Nor is it as easy as exchanging a 10 years old fridge in lieu of a more technologically advanced brand of fridge at any brown goods outlet. 

Did you 'exchange' your old car in lieu of a brand new one at a car manufacturing company authorised branded pre-owned outlet, viz. True Value, Das Auto, Toyota Trust, etc? 

The sale of your old vehicle is NOT over till such time mParivahan continues to show your name as the legal owner of your old vehicle. 

You will be held responsible for all deeds and misdeeds pertaining to vehicles which figure in your name in mParivahan. 

Caution: Remember the American consulate shootout in Kolkata where a blue Maruti 800 was used? 
Remember the ki*lling of a coal mafia in Shaktigarh by hired shoo*ters? 
In both the cases, the cars used were bought by criminals from pre-owned car dealers. The registered owners were innocent common citizens who were just happy to hand over their pre-worshipped cars to a pre-owned car dealer without caring to ensure if their own name has  been deleted from the records. 

Don't believe in the verbal 'HUM TOH HAI NA' assurances by pre-owned car dealers! 

P.S: We do not have details of a proposed rule where the pre-owned dealer or the buyer will be accountable once the original owner hands over the vehicle after the delivery note is exchanged. 
* Transfer Of Ownership 
* Indian Roadie Safety Tips 
* Used Cars Buying And Selling 
* Pre Owned Car Market Reality 
* Indian Roadie Pre Owned Car Buying Hacks

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