Company Car Sale Authorization: Process and Key Considerations

Anh Tuan, the owner of a transportation company on Nguyen Trai Street, Hanoi, visited the Hyundai Giai Phong Truck showroom hoping to trade in his old truck for a brand new Hyundai HD240. However, the process of selling his company’s old vehicle hit a snag due to the lack of a “Company Car Sale Authorization.” Recognizing the challenges faced by many business owners when selling vehicles, this article provides comprehensive information about this crucial document.

Example of a car sale authorization form

What is a Company Car Sale Authorization?

A Company Car Sale Authorization is a crucial legal document that formalizes a company’s decision to sell a vehicle.

Content of the Authorization:

Typically, this document includes the following information:

• Seller Information: Company name, address, tax identification number, legal representative.
• Vehicle Information: License plate number, chassis number, engine number, make, model year, color.
• Sale Price: Clearly state the selling price, specifying whether it includes VAT.
• Payment Method: Cash, bank transfer, etc.
• Responsibilities of Each Party: The seller is responsible for delivering the vehicle and complete, legal documentation. The buyer is responsible for timely payment and receiving the vehicle as agreed.

Why is a Company Car Sale Authorization Necessary?

• Legality: Ensures the legality of the vehicle sale transaction.
• Dispute Prevention: Helps parties avoid potential disputes in the future.
• Facilitates Ownership Transfer: Complete documentation expedites the vehicle registration transfer process.

Important Considerations When Preparing a Company Car Sale Authorization:

• Accuracy: Information about the seller, buyer, and the vehicle must be accurate and clear.
• Company Seal: The authorization must bear the company’s official seal to be valid.
• Legal Counsel: For maximum legal compliance, consult with a lawyer before signing.

Feng Shui Tips for Selling a Used Truck

Mr. Nguyen Van A, a Feng Shui expert in Hanoi, shares: “Vietnamese people value spiritual elements, including when selling a vehicle. Choose an auspicious date, clean the vehicle thoroughly, and consider hanging a herbal sachet in the car to enhance positive energy and pray for a smooth transaction.”

Frequently Asked Questions About Company Car Sale Authorizations

Can I draft a Company Car Sale Authorization myself?

Answer: You can draft it yourself. However, to ensure legal validity, consult with a lawyer or use a readily available template.

What is the vehicle ownership transfer procedure after the sale?

Answer: You need to prepare all vehicle documents, personal identification, the sale authorization, and visit the competent traffic police office to complete the transfer procedures.

Vehicle ownership transfer documents

Reliable Truck Buying and Selling at Xe Tai Ha Noi

If you are looking for a trustworthy place to buy or sell trucks, come to Xe Tai Ha Noi. We offer a wide range of trucks from renowned brands like Hyundai, Hino, Isuzu, etc., with competitive prices and top-notch service.

Popular Truck Models at Xe Tai Ha Noi:

• Light Trucks: Hyundai Porter H150, Suzuki Carry Truck, etc.
• Medium Trucks: Hino XZU720, Isuzu QKR77HE4, etc.
• Heavy Trucks: Hyundai HD320, Hino 700 series, etc.

Contact Xe Tai Ha Noi for consultation and support:

• Showroom 1: No. 1 Nguyen Van Linh, Long Bien, Hanoi
• Showroom 2: No. 10 Pham Hung, Cau Giay, Hanoi
• Hotline: 098.XXX.XXXX
• Website: https://xetaihanoi.edu.vn/

Conclusion

A Company Car Sale Authorization is an indispensable document for safe and legal vehicle transactions. We hope this article has provided you with useful information. Don’t forget to visit the Xe Tai Ha Noi website for more informative articles about trucks!