Buying Second Hand Car Guide

Check Car History It's important to check the used car history record to protecting yourself against buying it with costly hidden problems. Give the seller a call. Prepare a list of questions to ask the seller, and make notes while speaking to them. 1. How long have they owned the car? 2. What condition is the car in? 3 .Why are they selling it? 4 .Has the car been involved in an accident? 5. Has the car got any outstanding finance? 5 .What features does the car have? 6 .Is it in full working order? Though you're not likely to get an honest answer to your questions, the manner in which your questions are answered should give you clues of the seller's honesty. Was he dodging questions? Did she hesitate uncomfortably when you question her on accidents? Contact JPJ and Polis Diraja Malaysia to find out important information like car severe accident, number of owners etc. JABATAN PENGANGKUTAN JALAN MALAYSIA (JPJ) HOTLINE : 03 88884244 Tel : 03 88866400 Faks : 03 88889645 www.jpj.gov.my Polis Diraja Malaysia Tel: 03-22626222 Fax: 03-2273 9602 www.rmp.gov.my
Get Loan & Finance Advice You can then use Payment Calculator to estimate what your monthly payment might be or to find a financing company through whom you can obtain an auto loan. Consider other potential costs such as registration, title transfer, and road tax. Click to calculate the car road tax. Another point to note is that any outstanding amount from the seller's loan must be settled in full first, before the bank would approve any loans for your used car. Banks are also less inclined to issue loans for used vehicles, with interest rates increase with age. As a rule, cars more than 10 years old do not get loans, and cars approaching that landmark will only get short tenure loans. With these difficulties in mind, the buyer is advised to apply for loans from multiple banks.
Insurance & Road Tax Get your insurance quotation from various agencies. You may also consider applying online. Remember that the insurance policy of a car is attached to the owner's name. An official transfer of ownership requires the buyer to purchase a new insurance policy to take over the car's coverage from the preceding one. For road tax, no such restrictions apply. If the previous owner had paid for the car's road tax, it remains valid until the stipulated expiry date.
Contact Seller for Checking & Test Drive Meet the seller to check the car thoroughly and take a test drive. Ensure you see the original Car Registration Card. Ask for any service/maintenance logbook and inspection record the seller may have one. Have a trusted mechanic to inspect the car, and note the contact details of the workshops listed in the car's service booklet. Speak to their representatives to find out more on the car's maintenance history. On another note, please arrange for viewing of the car in a safe public place. Exercise precaution as you do not know the seller. You may request the seller to have the car inspected by a third-party service. AAM (Automobile Association of Malaysia) offers such services. - Phone: 03-2162 5777 - Email: mru@aam.org.my - Website: http://www.aam.org.my However, current regulations mandate that any vehicle must be inspected by PUSPAKOM SDN BHD (Formerly known as Pusat Pemeriksaan Kenderaan Berkomputer) before JPJ would approve of the ownership transfer. Inspection fee is RM30 if you go personally. Expect dealers and runners to charge you more (you gotta let those guys make a living). - Phone: 1800 88 6927, 03-2052 7474 - Email: customerservice@puspakom.com.my - Website: www.puspakom.com.my
Ownership Transfer and Payment  Follow below procedure: General JPJ transfer car ownership. (both seller and buyer must be there) 1. Get the forms ready for transfer. You can download the forms from JPJ website. Forms you need are as follow: JPJK3, TM-1, TM-AB (photocopy both buyer/seller IC). 2. After completing, go to JPJ and submit all the forms together with the original Car Registration Card and also new buyer insurance cover note. 3. Pay RM100 (you can buy postal order from JPJ itself). 4. Wait for the transfer name to complete and collect back the transferred ownership of car registration card. *PUSPAKOM also offers car ownership transfer service, click to find out more. The Payment Bank Loan: 1. Buyer and seller need to be at the bank with the car registration document in order to apply the loan. If buyer is from outstation, then seller needs to fax over the car registration. 2. Upon approval, the bank will issue an undertaking letter and after that the seller need to transfer the car ownership to the buyer's name. 3. Upon completion, bank will release the fund to the seller. 4. Any additional fees in loan/transfer ownership shall be paid by buyer. Cash Deal: Ask the seller to write two receipts stating the date, amount paid, make, model and registration number, along with the names, addresses and signatures of both parties.