Steps to follow when buying a car locally using the NTSA TIMS system

Steps to follow when buying a car locally using the NTSA TIMS system

How safely to buy a locally used car in Kenya:

Step 1: Inspection

Ask to inspect the car. Be sure to involve a mechanic and/or valuer. Do not pay anything. Hata ya mafuta.

Step 2: Verify ownership

Get a copy of the original logbook and perform an online logbook search through TIMS. Ensure that the engine and chassis number have not been tampered with.

Step 3: Write an agreement of sale

Ensure key terms and conditions of the sale are captured.(Download an Agreement Form here)

Step 4: Payment

Standard practice is to make payment or a deposit before transfer of ownership is initiated.

A safer alternative is to deposit funds with a trusted third party, pending transfer of ownership. This protects both you and the seller from potential fraud associated with counter-party risk.

Step 5: Transfer of ownership

Get the owner’s copy of ID and KRA pin and ask them to initiate transfer of ownership through TIMS and then accept the transfer on your end.

Step 6: Taxes and fees

Pay the government its dues. The taxes and transfer fees are quoted on TIMS.

Step 7: The car is now yours 

Purchase insurance and be on your way.

 

Courtesy of https://m.facebook.com/royalveracity/

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