Jump to content
BANGKOK
cheeryble

Car title.....farang to farang

Recommended Posts

 

Just about to buy a car from a farang friend.

He seemed to think it was easier if it is transferred to my Thai missus.

Is this so?

Any probs to just go straight Into my name.?

 

BTW I’m told if I have two cars......I already have one.....There is a considerable difference in the insurance, a reduction from paying for two separate cars as One can only drive one car at a time.

I know idea of the discount?

 Presumably I’ll need them both in my name

 

 

 

Sent from my iPad using Thailand Forum - Thaivisa mobile app

 

Share this post


Link to post
Share on other sites

Everything in Thai wife name is preferable.

  • Like 1

Share this post


Link to post
Share on other sites

 

I have the car  in my name and have over the years heard it referred to as "Your car".     I'll live with that and if I'm not living it'll automatically be "HER CAR"  as  all my other assets will become.

 

Insurance  wise, I don't know about Thailand's policies but in my home country there is what's called a multi car discount.    

 

I'd only suggest to be careful to allow your cars to have the rider of allowing other drivers than the car's owner or the insured  to drive.     

  • Like 1

Share this post


Link to post
Share on other sites
5 minutes ago, cheeryble said:


Question is why?
.....and would I not be able to get a multi car discount..
 

I dunno and don't wanna know the trucks insured No.1 insurance the mrs gets the best deal because she is Thai.

  • Like 1

Share this post


Link to post
Share on other sites
Absolutely no reason not to place the vehicle in your own name. 

 

The process is a simple as transferring the vehicle into your Wife's name, you just need a little more documentation. 

 

- Passport Copy's

- Visa Copys (any type of visa is ok including Visa Exempt stamp)

- Poof of Residence (Affirmation of Residence document from your Embassy or Immigration, House book (with you in it) or Yellow ID card).

 

The transfer can either take place your local DLT, or with the signed power of attorney document to permit you to process the transfer in the absence of the original owner. 

 

 

 

Regarding another comment that Thai's get better deals on insurance etc absolute rubbish, you'll get the same rates on insurance as a Thai - use a broker and shop around with 1st Class insurance of a well known company.

 

Thank u for the detailed reply.

One more detail......when you say ."the" power of attorney document is there a specific form from the DLT? It would be most helpful to the seller to avoid a waste of time.

My wife tells me my other car has "3 plus" insurance.......premium 1900bt......., and as the value of the new one is 170,000bt 3 plus may also be suitable

 

 

Sent from my iPad using Thailand Forum - Thaivisa mobile app

Share this post


Link to post
Share on other sites
Posted (edited)

Still hope to get an answer to the question in my last post if Richard Smith looks in 🙂

 

And something new.....

The car is still in my friend's name though I'm driving it often.

The win noticed the tax disc has the year 2560.

She looked in the blue book and says tax has not been paid since then so it's 2 or 3 years over and she says it's already due since for a test and tax up to 2563.

How does this get worked out at the DLT?

I'm also wondering if my friend's insurance.......quite expensive, 8000 baht for a 13 year old Jazz......is invalidated if there's not test or tax.

 

Thanks

Edited by cheeryble

Share this post


Link to post
Share on other sites
54 minutes ago, cheeryble said:

Still hope to get an answer to the question in my last post if Richard Smith looks in 🙂

 

And something new.....

The car is still in my friend's name though I'm driving it often.

The win noticed the tax disc has the year 2560.

She looked in the blue book and says tax has not been paid since then so it's 2 or 3 years over and she says it's already due since for a test and tax up to 2563.

How does this get worked out at the DLT?

I'm also wondering if my friend's insurance.......quite expensive, 8000 baht for a 13 year old Jazz......is invalidated if there's not test or tax.

 

Thanks

 

There is a format: Transfer of ownership and Power of Attorney - see attached, I used the Power of Attorney form for a Motorcycle transfer last year, I'm not certain if the Car one is the same form or not.

A google search should bring out some more examples...

 

This thread also has good info and the forms... 

 

Its obviously best you get everything sorted out before you transfer...  just incase there is anything else outstanding on the car (i.e. that its not even their car or there is an outstanding loan on the car etc).... Given that they haven't paid the tax for 3 years, I'd be wanting to do the transfer with them present at the DLT just to avoid any further complication. 

 

 

Regarding the Tax - if not taxed, the car is on the road illegally, thus, insurance could be void. However, as this is Thailand its probable you'd get away with it. A sharp policeman will notice your out of date tax though (I didn't notice that mine was 3 months out and I was stopped !).

 

When you transfer the car into your name, its quite probable that you will have to back pay the tax owed. 

 

I'm not sure how much 3rd Class insurance costs - one thing to check is to ensure you have a 'bail bond' covered (usually about THB 200,000) as well as cover for passengers or 3rd parties who may be injured as a result of an accident caused by you (all fairly normal stuff for 1st Class insurance). 

 

There is also the compulsory insurance 'por-ror-bor' (about 700 baht) which you cannot get without Tax.

 

 

  • Like 2

Share this post


Link to post
Share on other sites
On 8/21/2019 at 11:18 PM, richard_smith237 said:

Absolutely no reason not to place the vehicle in your own name. 

 

The process is a simple as transferring the vehicle into your Wife's name, you just need a little more documentation. 

 

- Passport Copy's

- Visa Copys (any type of visa is ok including Visa Exempt stamp)

- Poof of Residence (Affirmation of Residence document from your Embassy or Immigration, House book (with you in it) or Yellow ID card).

 

The transfer can either take place your local DLT, or with the signed power of attorney document to permit you to process the transfer in the absence of the original owner. 

 

 

 

Regarding another comment that Thai's get better deals on insurance etc absolute rubbish, you'll get the same rates on insurance as a Thai - use a broker and shop around with 1st Class insurance of a well known company.

 

but, if its not in her name, how can she hold him at ransom ?

  • Like 1

Share this post


Link to post
Share on other sites
 
There is a format: Transfer of ownership and Power of Attorney - see attached, I used the Power of Attorney form for a Motorcycle transfer last year, I'm not certain if the Car one is the same form or not.
A google search should bring out some more examples...
 
This thread also has good info and the forms... 
 
Its obviously best you get everything sorted out before you transfer...  just incase there is anything else outstanding on the car (i.e. that its not even their car or there is an outstanding loan on the car etc).... Given that they haven't paid the tax for 3 years, I'd be wanting to do the transfer with them present at the DLT just to avoid any further complication. 
[/url]  
 
Regarding the Tax - if not taxed, the car is on the road illegally, thus, insurance could be void. However, as this is Thailand its probable you'd get away with it. A sharp policeman will notice your out of date tax though (I didn't notice that mine was 3 months out and I was stopped !).
 
When you transfer the car into your name, its quite probable that you will have to back pay the tax owed. 
 
I'm not sure how much 3rd Class insurance costs - one thing to check is to ensure you have a 'bail bond' covered (usually about THB 200,000) as well as cover for passengers or 3rd parties who may be injured as a result of an accident caused by you (all fairly normal stuff for 1st Class insurance). 
 
There is also the compulsory insurance 'por-ror-bor' (about 700 baht) which you cannot get without Tax.
 
 

What an archetypal good answer!
.....and the forms too.......though u r right in this case better to take friend and make sure all is sorted properly.
As the man in the Kurt Vonnegut novel who was sentenced to defenestration from a high tower for the crime of ingratitude yelled on the way down “thanks a milllliiiiiooooooon"


Sent from my iPad using Thailand Forum - Thaivisa mobile app

Share this post


Link to post
Share on other sites

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 account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Recently Browsing   0 members

    No registered users viewing this page.

×
×
  • Create New...