Centre announces new guidelines for buying and selling second-hand cars; details here

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• Dec 29, 2022 | Dhupali Das

To protect consumers from being duped, a certificate will be issued to authenticate the legitimacy of the car dealer...

Digital Desk: Stealing automobiles is on the rise around the country. The thieves can easily and conveniently sell the car by driving it to the other end of the country. Due to a lack of knowledge, individuals pay more than they should for stolen vehicles, despite the fact that these cars are offered at a discount. As a result, the Ministry of Road Transport has taken major steps to reduce the illegal purchase and sale of stolen vehicles.

The Ministry of Road Transport has issued a notification in an effort to reduce car theft. The new rule will make it easier to identify the right dealer and vehicle and will help to stop the fraudulent buying and selling of stolen vehicles. The Ministry of Road Transport released the new regulations in an effort to boost authenticity in the car sector.

The Ministry of Road Transport made changes to Chapter III of the Central Motor Vehicle Rules, 1989. The revised policies will become effective on April 1, 2023. The ecology of regulations governing the used-vehicle market has been improved as a result of this effort. According to claims, the new regulatory structure will benefit ordinary citizens in a variety of ways.

To protect consumers from being duped, a certificate will be issued to authenticate the legitimacy of the car dealer involved in the sale of a pre-owned vehicle. The dealer and the car owner will have a more structured interaction. The dealer's rights and obligations will become clear after he takes control of the vehicle.

The dealer may now apply for a new registration certificate, certificate of fitness, NOC, or change of ownership for the car that was brought in. The use of an electronic trip register for autos may soon become mandatory.

This allows for a thorough examination of the vehicle's miles, drives, and usage. Any loss or damage to the vehicle's paperwork must be reported by the owner to the relevant authorities.