Transfer of car ownership

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Transfer of car ownership


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  #1 (permalink)  
Old 30th May 2010, 02:18 PM
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Default Transfer of car ownership

Can any members give me step by step advice on the procedure to be carried out when you buy a car from a private individual in Greece please....

I know I will have to go to the vehicle registration office but....

1) Do I need the current owners with me?
2) Must I tell my accountant I have bought a car for tax reasons?
3) Should the car be registered jointly between my wife and I for tax reasons?
etc..

thanks

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Old 3rd June 2010, 01:50 PM
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Default Buying / selling a used car

As I did not receive any replies, I guess no one knew the answer to my question.....(or could not be bothered to reply)
So in hope of helping someone else out in the future these are the actions you need to take from my experience today........

1) Both the party selling and the party purchasing the car need to attend the Ministry of Transport Office. If the car has been / or is going to be registered in joint names (ie husband & wife for tax purposes), then all need to attend.
2) Only one form needs to be completed, and is quite basic...name, address etc.
The party buying the car will need to produce...
a) Passport
b) Greek residency permit
c) Transfer fee receipt. (You pay this BEFORE you go to the Ministry at Millennium / Agriculture Bank)
The party selling the car will need to produce:-
a) Car registration document
b) Valid KTEO certificate
c) Passport
d) Greek residency certificate (you "may" get away without this)

All parties sign the old registration document and a new document is issued in the buyers name.
It is then important to go to either the sellers or buyers accountant and complete a formal declaration of sale. This both parties will require for the completion of the annual tax return

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Old 4th July 2010, 01:04 PM
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Smile Timely advice

Thanks Grocer, we are just about to do this and are very grateful for the advice.

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Old 6th July 2010, 08:11 AM
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Quote:
Originally Posted by jang View Post
Thanks Grocer, we are just about to do this and are very grateful for the advice.
Your welcome, Good luck.................

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Old 7th July 2010, 06:50 AM
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I have only bought from a dealer - you pay more but they handle all the paperwork for you.

You should notify your accountant that you have bought the car and it will be included on your tax return each year.

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Old 3rd January 2011, 02:46 PM
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Default good info

Quote:
Originally Posted by The Grocer View Post
As I did not receive any replies, I guess no one knew the answer to my question.....(or could not be bothered to reply)
So in hope of helping someone else out in the future these are the actions you need to take from my experience today........

1) Both the party selling and the party purchasing the car need to attend the Ministry of Transport Office. If the car has been / or is going to be registered in joint names (ie husband & wife for tax purposes), then all need to attend.
2) Only one form needs to be completed, and is quite basic...name, address etc.
The party buying the car will need to produce...
a) Passport
b) Greek residency permit
c) Transfer fee receipt. (You pay this BEFORE you go to the Ministry at Millennium / Agriculture Bank)
The party selling the car will need to produce:-
a) Car registration document
b) Valid KTEO certificate
c) Passport
d) Greek residency certificate (you "may" get away without this)

All parties sign the old registration document and a new document is issued in the buyers name.
It is then important to go to either the sellers or buyers accountant and complete a formal declaration of sale. This both parties will require for the completion of the annual tax return
great to find some usefull info,do you know the total costs of transfering car documents please.

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Old 4th January 2011, 08:12 AM
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Hi Cymru raki,

The seller will pay their accountant for the transfer declaration, I can't recall the payment I witnessed but it was about 40 Euro.
As a buyer the payment (done in advance) at a bank is based on c.c. of the car, unfortunately I can not recall what I paid sorry. It was not great amount though.

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Old 4th January 2011, 08:08 PM
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Default vehicle transfer

Quote:
Originally Posted by The Grocer View Post
Hi Cymru raki,

The seller will pay their accountant for the transfer declaration, I can't recall the payment I witnessed but it was about 40 Euro.
As a buyer the payment (done in advance) at a bank is based on c.c. of the car, unfortunately I can not recall what I paid sorry. It was not great amount though.
thanks for your reply "grocer" much appreciated, however here's my experience today for anyone who's interested.
i was told to go to the PANCRETAN BANK and ask for "PARAVOLA" (not sure if this is spelt correctly but thats how its pronounced in english) this is the form to apply for vehicle exchange,you get 2 at a total cost of 135euros. from what i can gather this is a set fee for cars regardless of engine size etc, because the assistant at the bank did not ask me for details of the car, only for my autograph twice and 135 euros.
then i had to take these forms and my passport, residents permit and tax number to the ministry of transport office where i met the seller of the vehicle and we proceeded to the relevent department.
we both filled in our personal details- address/contacts etc and then i asked the question about a reciept for tax declaration. the assistant produced 2 forms, one each for us to fill in our personal details again, also the fee for sale/purchase of the car.
i was given a temporary "cover note/registration document" for the car i had just purchased and the kteo ( mot ) document. i was asked to telephone that assistant on the following friday to see if the official registration document is ready for me to pick up, im not sure if this is the usual process because it was explained to me that the office i attended today was in the process of a big change in procedures due to other regional districts merging with the one i had attended.
all in all i was resonably happy with the whole experience which probably took about 1 hour from the time i entered the bank and left the ministry of transport building.
it is a more expensive event to transfer vehicle documents here in greece, so i would suggest to anyone else who is thinking of buying a second hand car in greece to take into account the fee etc when you are setting your budget to purchase a vehicle, also check the vehicle for tax and kteo (mot) as these can soon eat into your set budget.
beware these official goverment buildings are not very often signed up from the outside and when you get inside dont expect any signs to be duplicated in english. its a big help if you can get a local greek person/friend to go along with you, otherwise the whole process could take you much longer and they can also asked questions for you that your not sure how to explain.
happy days its taken 3 years but i finally have a greek registered car, i can relax now and mothball my old renault espace until im ready to drive it back to the uk, if i do,i might decide to sell it.

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Old 5th January 2011, 08:12 AM
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Glad you got it sorted. I did think (incorrectly) the fee was based on engine c.c., but by your experience I guess its a fixed fee. Makes changing ownership of a car in the UK so easy be comparison.
Take care with the Espace if you re-enter the UK without road tax & MOT I am told the boarder controls are having a major purge at present.

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Old 5th January 2011, 01:10 PM
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Default border controls

Quote:
Originally Posted by The Grocer View Post
Glad you got it sorted. I did think (incorrectly) the fee was based on engine c.c., but by your experience I guess its a fixed fee. Makes changing ownership of a car in the UK so easy be comparison.
Take care with the Espace if you re-enter the UK without road tax & MOT I am told the boarder controls are having a major purge at present.
thanks for the advice, now we have a greek registered car we may decide to sell it to someone else whos going back rather than take it back ourselves,we dont need this type of vehicle out here in crete. it was basicly bought for the purpose to gradually bring things over from the uk in the winter which we have done over the last three. when you take the 5 back seats out its like a van inside as ive made a partition which fits behind the driver and passengers seats and all this area is 95% blacked out, so no one can nose inside.

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