After receiving full payment and handing over the Grant, there are important steps to ensure you are no longer legally and financially responsible for the vehicle.
Step 1: JPJ Ownership Transfer (Nama Tukar)
- Process: Both seller and buyer must attend a JPJ office (or use a JPJ-registered runner) to complete the name change (tukar nama). The seller brings the original Grant and IC; the buyer brings their IC.
- Timeline: The transfer typically takes 1–3 working days once all documents are in order.
- Your protection: Until the JPJ transfer is complete, the vehicle remains in your name. The transfer must be completed promptly — do not leave the Grant with the buyer without completing it together.
Step 2: Road Tax and Insurance
- Road tax: Road tax is typically transferred with the vehicle — the remaining validity follows the vehicle, not the owner.
- Insurance: Cancel your motor insurance or transfer the no-claims discount (NCD) to your next vehicle. Contact your insurer on the day of sale to avoid paying for coverage you no longer need.
- NCD: Your no-claims discount is personal and can be transferred to your next policy.
Step 3: Hire Purchase Confirmation
- If hire purchase was outstanding, confirm with the bank that the settlement has been processed and the Grant released.
- Keep the bank's settlement letter as proof that the hire purchase has been cleared.
Step 4: Retain Documentation
- Keep a copy of the JPJ K3 transfer form, payment confirmation, and bank settlement letter (if applicable) for at least 3 years.