new rule for used car business

new rule for used car business | According to proposed regulations released by the Union road ministry on Thursday,

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new rule for used car business

used car dealers must get an authorization certificate from the relevant state transport authority and transfer vehicle ownership to their names in order to conduct business.

According to the ministry, the Central Motor Vehicle Rules, 1989 revisions aim to increase transparency and provide a thorough regulatory environment for the used automobile industry.

The sale of the vehicle will be carried out in accordance with the new regulations through a dealer; the previous owner and the new purchaser will not be connected in any way. The new owner’s information in the state transport office must be updated by the dealer.

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