What Documents Are Needed to Sell Used Trucks? A Complete Checklist

How Can a Used Truck Be Sold in India?

Selling or purchasing a used truck is a tedious procedure and requires a lot of effort. Finding genuine buyers and sellers is critical to the whole transaction. There are two ways of doing it – the traditional way and the latest online procedure.

Earlier, posting an advertisement and finding the buyer used to be the only way people sold and bought things and vehicles. However, things have changed, and everyone started purchasing things and vehicles online. Buying and selling big commercial vehicles is also possible today online.

All that needs to be done is promote or post on vehicle dealing portals like Gaadi Bazaar and find genuine buyers and sellers according to their needs.

The procedure is more convenient, hassle-free, and time-saving than finding buyers online.

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How to Prepare a Used Truck for Sale?

Buying a used commercial vehicle has several advantages over purchasing a new one, from insurance to registration. This is one reason why selling a pre-owned truck is a great idea if not in much use. Many buyers are available in the market looking to purchase a used vehicle for a lesser price than a brand-new one.

Here are a few tips to follow when selling a used truck for the maximum price.

Understand the truck's market value -every product depletes once used. The same goes for commercial vehicles, too. Analyzing the market value of the truck is the first step to preparing a truck for sale. The vehicle's value can be determined, keeping in mind the age and condition of the vehicle. The demand for the make and model also plays a role in determining the vehicle's value.

Keep the paperwork handy- documents are crucial during the sale of a used vehicle. Documents related to the truck, like the pollution certificate and registration certificate, are necessary during the truck's sale. Keeping a copy of these relevant and required documents can be helpful.

Clean the truck well- maintaining the cleanliness of the vehicle is very important when planning to put it up for sale. Potential buyers will want the truck to look nice and clean when inspecting it for purchase.

Fix any damages - it is also important to fix whatever minor or significant damages or repair work is needed in the truck. This way, it is easier to negotiate for a better price.

Promote in the right places- printing leaflets and going the traditional way to sell the truck is more than acceptable. However, we are in a digital era, and everything is online today. It will be beneficial if the truck is listed in any online vehicle buying and selling platform for better reach and faster selling process.

What Paperwork Must be Kept Handy When Selling Used Trucks?

Several steps and paperwork are involved in selling pre-owned vehicles, including commercial vehicles like trucks. Several personal and vehicle papers are to be kept handy during the procedure. These documents must be submitted to the regional transport office during the transaction.

What are the Personal Documents Required?

• Two passport-size photographs
• Self-attested copy of PAN card
• Address proof like an Aadhaar Card, driver's license, or voter's ID

What are the documents to be submitted to the RTO?

• Three copies of Form 28
• Two copies of Form 29
• Two copies of Form 30
• A copy of the NOC
• A copy of the sales affidavit
• A copy of the clearance certificate
• One copy of Form 35 with a bank stamp
• Imprint of chassis number

What are the Vehicle Documents Required?

• Registration certificate
• Pollution under control certificate
• Commercial vehicle insurance policy

Conclusion

India is a populous country with thousands of transactions going live daily. In such a rapidly progressing country, buying and selling commercial vehicles is not a cakewalk but not too difficult. Analyzing and using the right platform to buy and sell vehicles makes all the difference. Online portals like Gaadi Bazaar help find genuine buyers and sellers online without the hassle of finding them the old-school way.

Online methods have become more accessible and less time-consuming.

Whatever method is used to sell the used trucks, keeping the documents handy and submitting them promptly to the regional transportation office completes the legal procedure.