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Selling car within different state

#1 10-Oct, 2009 05:40 PM
Sudhir Patil
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Joined Date: 10 Oct 2009
Location: Kolhapur
Posts: 4
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I purchased car on loan from Jamnagar, Gujarat, now loan was foreclosed n had NOC from bank. Now I am living in Satara, Maharashtra.

My question is can I remove HP line from RC book from Satara RTO and after that can I sell my car in Maharashtra with Gujarat passing. Can anybody answer this with details.

Thanks in Advance.



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#2 10-Oct, 2009 09:57 PM
Pankaj Prasad
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Joined Date: 29 Sep 2007
Location: Vadodara
Posts: 13628
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HP cancellation can only be effected by the RTO concerned (Jamanagar).  Thereafter, you can sell the car - in Maharashtra.  It will fetch lesser resale value (it is always so in such cases), as the buyer will have to get the car re-registered & pay life-time tax as applicable to old cars on depreciated value.  You will have to sign/endorse the TTO form in favour of the buyer & get him an NOC for Satara.  All this will have to be initiated/done from Jamanagar RTO.




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#3 11-Oct, 2009 10:38 AM
Sudhir Patil
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Joined Date: 10 Oct 2009
Location: Kolhapur
Posts: 4
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Thanks Prasadbhai



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