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WHAT TO CONSIDER WHEN SELLING A CAR IN SPAIN?

Before you initiate the work, prepare yourself about how to sell an automobile to escape penalties and other regulatory matters. So, how can you avoid getting into trouble? First of all, visit OpinionesEspana to read some reviews and make up your mind about the platforms where you can sell cars in Spain. 

You must ensure that you have the legal authority to conduct automotive transactions in that place. Whether you are selling a Spanish brand new car or a used car, both the buyer and the seller have basic conditions that must be met.

  1. Resident Requirements

In order to purchase an automobile in Spain, the customer must have a valid residency card. As the actual owner of the vehicle, your main task is to obtain permission to view this card. Ever since you consent to an agreement, make sure everything is completed. A potential customer can use the ownership rights to their Spain-based house if they don’t have an approved residency card.

Members of the association that have registered are given evidence of their membership. They will use this documentation to complete the transaction if they got these documents within the last three months. Even if they don’t own a house, they will benefit from this. Finally, a one-year leasing agreement is the only viable option for purchasing a car in Spain.

  1. Official Documentation

Each side should review the vehicle’s paperwork to ensure that they are genuine versions. If the dealer does not have the legal authority to conduct the payment, anything else is invalid. The buyer is responsible for verifying that the seller’s identity matches the details on the original vehicle records. You’ll want to look at the following documents: 

  • Proof that the car is safe to drive 
  • Personal identity card (NIE/NIF) 
  • Receipt for car registration and local vehicle tax 
  • As a migrant or long-term resident, individual accountability plays a big role in these transactions.
  1. Contract to Sell a Car

To finalize the agreement, the two parties must establish a selling agreement, which they will both sign. The seller, on the other hand, has the option of simply issuing a receipt to the purchaser. 

Both parties must sign a transferring of ownership form, which must then be verified with the Traffic Agency. All parties should retain a print of this report for their records.

  1. Acceptable Vehicle Payments

Keep in mind that in Spain, massive transactions like this are usually paid for with a bank check. Since specific checks do not come with assurances, this adds another layer of protection for the dealer. If the buyer chooses to retain the offer, a newly insured car may be sold with the same policy.

The customer may also cancel their current policy and replace it with a new one in their description, indicating which policy package they choose. Of course, the customer would not be able to drive the car unless it is protected by some kind of insurance.

  1. Registration of the car Sale

Using a prescribed gestoria is the simplest way to ensure a successful transition. The purchaser must ensure that all necessary follow-up documentation is completed and registered with the local Traffic Office. If the dealer fails to do so during the standard 15-day span, the purchaser may use their copies as proof that the automobile was sold.

The seller then exonerates himself of all possible taxes, penalties, or charges that might be levied against the vehicle. When the buyer arrives at the Traffic Office, they must bring copies of the above-mentioned reviews. 

If the buyer is from another country, they must show that they are currently residing in Spain.