Just curious

[Jojo1]

when selling car, dealer offers to help settle on behalf for u on ur loan, norm? In case, that dealer delay the settlement, what can u do?

 

[Jeffang]

you cannot do anything... so you will need to find a trusted company to do this...

 

everytime i trade in my car... after they call up to check the loan & stuff... then exchange chq with me & AD then they will give you a receipt, ask them to write down the time also... as if anything happen to the car as it still under my name...

 

they normally will do in same day or the next... if not they may need to pay extra... so call up your loan company to check if is settle... then check lta that your road tax, insu is cancel... then u are save...

[Jojo1]

you cannot do anything... so you will need to find a trusted company to do this...

 

everytime i trade in my car... after they call up to check the loan & stuff... then exchange chq with me & AD then they will give you a receipt, ask them to write down the time also... as if anything happen to the car as it still under my name...

 

they normally will do in same day or the next... if not they may need to pay extra... so call up your loan company to check if is settle... then check lta that your road tax, insu is cancel... then u are save...

 

what you mean cxl road tax? coz when i call LTA, sell car is tgt w the road tax and every, no such thing as cxl or rebate road... insurance is cxl

[Jeffang]

so must ask them what they going to do with your car... normally they base on your paper value... is scarp then u will get road tax and insu rebate...

but if they going to sell then they will need the road tax & insu...

 

[Jojo1]

so must ask them what they going to do with your car... normally they base on your paper value... is scarp then u will get road tax and insu rebate...

but if they going to sell then they will need the road tax & insu...

 

y need insurance? as in, find insurance is their problem liao... for me i just cxl since I nt the owner liao.

[SGCMmaomao]

selling car body or the whole thing including paper?

[Jeffang]

if they want to sell your car... then they will do a transfer only... everything transfer...

so their salesman can drive your car as transport... and for customer to test drive....

 

u got to check with them when u trade in your car... if they scrap then u get back some moneyfrom road tax & insu... if they wanna sell then only transfer...