Bryacar Posted October 30, 2016 Share Posted October 30, 2016 Who is responsible for paying the transfer fee, the buyer or the seller? How much is the transfer fee (excluding tax and insurance which is already paid)? Link to comment Share on other sites More sharing options...
petermik Posted October 30, 2016 Share Posted October 30, 2016 When I sold my car last month the buyer paid the transfer fee of around 1,900 baht for a 300,000 baht vehicle. As far as I,m aware no regulations are in force as to who pays,it is a private transaction so up to the seller/buyer as to who pays or shares..up to you. At one time the selling price of the vehicle determined the cost,but now I understand it is a fixed fee,what exactly I do not know all I can relay to you is what happened with my sale Link to comment Share on other sites More sharing options...
burgerking Posted October 30, 2016 Share Posted October 30, 2016 Transfer fee is 500 baht for every 100,000 baht value of the car. Most buyers will try it on for the seller to pay it, but 9 times out of 10 it's the buyer who pays.. Hope this has helped you. Link to comment Share on other sites More sharing options...
Johnniey Posted October 30, 2016 Share Posted October 30, 2016 Buyer pays, unless the seller is gullible. Link to comment Share on other sites More sharing options...
LukKrueng Posted October 31, 2016 Share Posted October 31, 2016 actually it's the seller's duty to make the transfer and pay the fee. But as mentioned above, in reality it's up to what you agree with the buyer Link to comment Share on other sites More sharing options...
Don Mega Posted October 31, 2016 Share Posted October 31, 2016 Person who is buying the vehicle pays for all associated costs. Link to comment Share on other sites More sharing options...
AlQaholic Posted October 31, 2016 Share Posted October 31, 2016 (edited) Who cares, it's pocket money.....If buyer pays the price of the car is lower, if seller pays the price of the car is higher Edited October 31, 2016 by AlQaholic Link to comment Share on other sites More sharing options...
bark Posted October 31, 2016 Share Posted October 31, 2016 36 minutes ago, AlQaholic said: Who cares, it's pocket money.....If buyer pays the price of the car is lower, if seller pays the price of the car is higher Yes, if I'm the buyer, I would just reduce my buying price to include this small amount. Then use the 2-3000 baht in Nana. Link to comment Share on other sites More sharing options...
soinowinbkk Posted October 31, 2016 Share Posted October 31, 2016 Related question: how can you be sure the buyer actually registers the car? I wonder if that's why it's the seller who would/should usually pay? It guarantees the transfer. I don't know the process for selling (but would like to) as when i bought my used car, it was handled by the agency but I paid the fees. Link to comment Share on other sites More sharing options...
Deepinthailand Posted October 31, 2016 Share Posted October 31, 2016 As the seller doesn't need to be there if he gives you power of attorney it's down to the buyer. Link to comment Share on other sites More sharing options...
LongTimeLurker Posted November 1, 2016 Share Posted November 1, 2016 On 10/31/2016 at 0:55 PM, Deepinthailand said: As the seller doesn't need to be there if he gives you power of attorney it's down to the buyer. The buyer doesn't have to be present when transferring ownership of the car. Link to comment Share on other sites More sharing options...
Deepinthailand Posted November 1, 2016 Share Posted November 1, 2016 (edited) 1 hour ago, LongTimeLurker said: The buyer doesn't have to be present when transferring ownership of the car. You are I presume talking 3rd party where buyer and seller give power of attorney to a third party which I agree is legal. But I as a buyer would want to be there in case of any problems arising. Edited November 1, 2016 by Deepinthailand Link to comment Share on other sites More sharing options...
scorecard Posted November 2, 2016 Share Posted November 2, 2016 On 10/31/2016 at 0:46 PM, soinowinbkk said: Related question: how can you be sure the buyer actually registers the car? I wonder if that's why it's the seller who would/should usually pay? It guarantees the transfer. I don't know the process for selling (but would like to) as when i bought my used car, it was handled by the agency but I paid the fees. Good point. Given that automatic summons' for traffic violations caught on camera has started and sent to the registered owner, and reports of this becoming more prevalent, If I sold a car I would insist on attending the transfer event and if necessary pay 50% or 100% of the fees to be sure it has been executed. Link to comment Share on other sites More sharing options...
petermik Posted November 2, 2016 Share Posted November 2, 2016 On 30/10/2016 at 0:39 PM, burgerking said: Transfer fee is 500 baht for every 100,000 baht value of the car. Most buyers will try it on for the seller to pay it, but 9 times out of 10 it's the buyer who pays.. Hope this has helped you. Not any more its not....fixed fee.....when I sold my car 2 months ago we agreed on a lower sale price in the transfer form but it didn,t help all cars up to 300,000 baht pay 1,900 baht transfer fee. Link to comment Share on other sites More sharing options...
gjoo888 Posted November 2, 2016 Share Posted November 2, 2016 My neighbor is a car dealer, and just last week he asked my wife and I to help translate a negotiation between him and a farang buyer who didn't speak Thai over the phone. The buyer tried to get the seller to pay the transfer fees, he refused and the buyer relented and paid the fee. Since he is a legitimate dealer, he does have an employee take care of the transfer for his clients at the Dept. of Land Transport, but the buyer pays the fees. Link to comment Share on other sites More sharing options...
Deepinthailand Posted November 2, 2016 Share Posted November 2, 2016 (edited) 17 minutes ago, gjoo888 said: My neighbor is a car dealer, and just last week he asked my wife and I to help translate a negotiation between him and a farang buyer who didn't speak Thai over the phone. The buyer tried to get the seller to pay the transfer fees, he refused and the buyer relented and paid the fee. Since he is a legitimate dealer, he does have an employee take care of the transfer for his clients at the Dept. of Land Transport, but the buyer pays the fees. So will he charge the seller his rates or the true cost???. I would never let a dealer sort out the transfer I would pay the DTO fees. seen this before where dealer pays fees then hikes them up. quoting time and all diffrent now. I would be there and when I have bought a car (always private no dealers ) I will not part with the full amount untill the car is in my or my wifes name (I give a token 500bht deposit only ) so the seller would have to be there to collect his money. that way there can be no problems. Edited November 2, 2016 by Deepinthailand To correct auto word placement Link to comment Share on other sites More sharing options...
LongTimeLurker Posted November 2, 2016 Share Posted November 2, 2016 On 11/1/2016 at 7:04 PM, Deepinthailand said: You are I presume talking 3rd party where buyer and seller give power of attorney to a third party which I agree is legal. But I as a buyer would want to be there in case of any problems arising. No, I mean it is a requirement that the seller be there (or their PoW) but it is not a requirement for the buyer to be present. Link to comment Share on other sites More sharing options...
Deepinthailand Posted November 2, 2016 Share Posted November 2, 2016 24 minutes ago, LongTimeLurker said: No, I mean it is a requirement that the seller be there (or their PoW) but it is not a requirement for the buyer to be present. I think not Link to comment Share on other sites More sharing options...
LongTimeLurker Posted November 2, 2016 Share Posted November 2, 2016 1 minute ago, Deepinthailand said: I think not You think wrong then. I sold 2 cars last year without the buyer present. Link to comment Share on other sites More sharing options...
Deepinthailand Posted November 2, 2016 Share Posted November 2, 2016 1 hour ago, LongTimeLurker said: You think wrong then. I sold 2 cars last year without the buyer present. I meant I think not in other words as a buyer I would be there no way would I give buyer poa and money for car. as I've said I pay a small deposit rest is paid at office after transfer Link to comment Share on other sites More sharing options...
Autonuaq Posted November 2, 2016 Share Posted November 2, 2016 Byt selling i always tell the price is excluding all cots and taxes. why so difficult. probably soon they want to pay the insurance too. ;-) Link to comment Share on other sites More sharing options...
performance Posted November 3, 2016 Share Posted November 3, 2016 Private sale always the buyer Link to comment Share on other sites More sharing options...
LongTimeLurker Posted November 3, 2016 Share Posted November 3, 2016 19 hours ago, Deepinthailand said: I meant I think not in other words as a buyer I would be there no way would I give buyer poa and money for car. as I've said I pay a small deposit rest is paid at office after transfer I think you mean you would not give seller POA? No problem as POA not required for the buyer, just signatures on the transfer form and residence certificate and passport copy. Link to comment Share on other sites More sharing options...
Deepinthailand Posted November 3, 2016 Share Posted November 3, 2016 3 hours ago, LongTimeLurker said: I think you mean you would not give seller POA? No problem as POA not required for the buyer, just signatures on the transfer form and residence certificate and passport copy. Goodbye. Link to comment Share on other sites More sharing options...
LongTimeLurker Posted November 3, 2016 Share Posted November 3, 2016 20 minutes ago, Deepinthailand said: Goodbye. Just posting actual real life experience from about 1 year ago. If that upsets you so much, goodbye to you too. Link to comment Share on other sites More sharing options...
Deepinthailand Posted November 3, 2016 Share Posted November 3, 2016 Remember your experiance at one office is or may not be the same as others at other LTO offices. hey if someone wants to trust you with there money whilst you still have the car and the book that's up to them my experiance is not the same as yours buyer has to be there seller can POA to buyer or both can POA to a third party but why they would want to I will never know. Cars can easily be registered 8n new name in origional LTO of car. CARS can be re registered into another area by first getting new plates then in a week change name on book a little more complicated but easily doable. I in my area need a cert of res or yellow book from both buyer and seller to complete the process. Me as buyer living in area no problem. last time I bought was from Korat my area accepted his cert of res from korat. Guess what I'm saying is check with you local office they will guide you. Link to comment Share on other sites More sharing options...
LongTimeLurker Posted November 3, 2016 Share Posted November 3, 2016 50 minutes ago, Deepinthailand said: Remember your experiance at one office is or may not be the same as others at other LTO offices. hey if someone wants to trust you with there money whilst you still have the car and the book that's up to them my experiance is not the same as yours buyer has to be there seller can POA to buyer or both can POA to a third party but why they would want to I will never know. Cars can easily be registered 8n new name in origional LTO of car. CARS can be re registered into another area by first getting new plates then in a week change name on book a little more complicated but easily doable. I in my area need a cert of res or yellow book from both buyer and seller to complete the process. Me as buyer living in area no problem. last time I bought was from Korat my area accepted his cert of res from korat. Guess what I'm saying is check with you local office they will guide you. As I said, I'm posting my personal experiences of transferring cars both as a buyer and seller. If different LTD offices follow different procedures there's nothing I can do about that. When I sold the vehicles I didn't take the money from the buyers until I gave them the blue books with their names in it, the reason why they couldn't accompany me was because they were working and couldn't spare the time off. No PoA was required from the buyer in either Chonburi or Rayong LTDs, they didn't want to see the buyer. In Nonthaburi LTD office they recommended that the quickest way to transfer a registration from Rayong to Chonburi was to first go to Rayong to get them to sign off on the transfer and then go to Chonburi to change the plates / registration. Maybe they don't know what they were talking about but they did say it would be quicker than going to Chonburi direct as Chonburi would have to contact Rayong LTD for paperwork. "Cars can easily be registered 8n new name in origional LTO of car" IF THE BUYER HAS A RESIDENCE CERTIFICATE FROM THE SAME AREA. Which in the OPs case is not applicable as I said before. Link to comment Share on other sites More sharing options...
.png.3b3332cc2256ad0edbc2fe9404feeef0.png)
.thumb.png.76be522b3b43e7458166b9dac9e422ed.png)
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now