How to buy (and sell) used bike in Pakistan

[hasan.zaheer.me]

Hey guys,

I will be traveling to Pakistan and I am planning to get a bike for my general commute instead of the car because of traffic problems.

I can not buy a new bike because I can't be bothered with the running period and the waiting period after booking. I want to be able to ride it from the get go. So my options are limited to used bikes, and I have my sights on YBR.

So let's say I find a bike on OLX/Pakwheels, and I contact the the seller and I like the bike. What is the next step? Where to get all the paperwork/transfer of ownership/etc etc. Any tips or ideas to look out for? Payment to be done in cheque or cash? This might be a very naive question but since I have never dealt in any such business before, I can really use some guidance.

I might be selling it again after a couple of months, so would need the same guidance for that procedure also.

Also, how much extra would it cost me to buy (and then sell) the bike apart from the listed price on the website.

[asjdsm]

Select bike that you like in olx.
Ask seller to give you its engine number, bike number chassis number, owner name, and year of registration. Go to mtmis site verify that the number s so given to you are correct.and check original id card and original registration paper, sale receipt from seller telly with mtmis.

Now that you are sure that you are buying from legal buyer. You need to sign a deed with him using Stamp paper. Kisi bhi kachari chala jaya they will make our floor you after filling buyer and seller details.

That stamp is a legal statement stating you agree to buy it and from this date onwards you are responsible for it and the seller is responsible for it before that date. It mentions that you paid and are happy with it.

Pay as you both like. If paying in cash then withdraw in front of seller so both are assured of genuine currency.

Now you take from him registration papers, ownership transfer letter signed from him, sale receipt and original of the deed document and his cnic or passport copy, Give him the copy of the deed document.

Now you can change the ownership in papers or use it with open letter. You should have signed an owner transfer letter from him using which you can make it in yours are pass it on incase you don't want to update ownership.

Vrom Vrom and enjoy and always use safety gears.

Ybr in used is good option.

You will find plenty of these in good conditions.

Watch team horse power reviews on YouTube for view reviews.

@hidalgo

Good topic for your next video segment. What say?

[hasan.zaheer.me]

This is super awesome and very helpful. Thank you.

A few ambiguities though.

1. We go to kachehri together or is it reponsibility of buyer/seller to get the stamp paper deed?
2. What is ownership transfer letter and where to get it?
3. Sale reciept will be a hand written reciept with both buyer/seller details?
4. To change the ownership in papers where do we go? and why would we want to not update the ownership under our own name?

[asjdsm]

Making stamp paper is the mutual agreement so presence of both in katcheri or stamp faroosh office /shop is must. They already have the sample they just enter your specific details. And prints it on stamp paper. Total cost 100-150rs should be beard by seller.

Sales receipt is the one when the bike was first bought from the seller/dealer/shopkeeper so it's made only once. Just like the receipt for anything you buy.

Owner transfer letter is a simple letter that is available in I think excise office which issues All the registration numbers for specific province.

And to update ownership I think you need to go to excise office in the city which issued the number some say it can be any excise office in issuing province.

People who intend to sale it quickly do not bother to update it in their name and spend money and time on it.

Since you will leave back to other country so better not name it. So you just pass on above document to next seller.

[pwuser151059531843]

Aoa bro main na apni 70 mughalpura market ma sell ki ha banda na mugha aik delievery latter fill kar ka dia ha only aur kuch sign krain han plus thumb impresion lia ha is it ok koi problem toh nahi stamp nahi bnwaia usna on spot

[pwuser162304071748]

Aoa. I also sold bike at lahore hotel and they also handed me the delivery letter only. Aap ka masla hal hogya?

[mirali01]

Your detailed answer to Hasan Zaheer is very good. Thanks you. Now please guide me on buying a NEW motorcycle in Pakistan.

What is the procedure to buy new motorcycles in Pakistan? How long does it take to register in your name? Who does the registration the dealer or the buyer? What documents does the buyer have to provide for registrations? How much does it cost to register? Suppose the price of the motorcycle is Rupees 197,000 (2021 Yamaha YBR 125 G). What will be the total cost, including registration, license plates, any sales tax etc etc.

Is it better to have a friend buy it, register it in his name and then sell it after a month when I am done with the tour?

Can I ride the motorcycle to Northern Areas while the registration is in process?

What documents do you need to ride a motorcycle in Pakistan? Will a USA driver's License with International Driver's Permit work?