Buying a used car? Know all about transferring ownership and insurance documents

Mar 15, 2022, at 05:58 pm

Going the pre-owned way has become the popular choice among car buyers over the past few years. While new-car owners usually have to take a massive hit in terms of depreciation, going the pre-owned way reduces the impact substantially. While finding a used vehicle is easy, transferring its ownership and insurance documents can be an arduous task. This essentially entails ownership amendments to the registration certificate of the vehicle. To complete the process of transfer of ownership, the car must at least have a valid third-party car insurance policy, like an ACKO car insurance plan. You can go through the following insights to better understand the nitty-gritties of this process.