The Road and Transport Authority (RTA) aims to make Dubai the smartest city in the world. That said, RTA has introduced many programs and initiatives to replace old methods with new ones. Vehicle online selling agreement is one such initiative. RTA sales transaction service for pre-owned vehicles allows buyers and sellers to sign an online contract instead of traditional contracts using ink and paper.
That way, it will provide an easy process for both car buyers and sellers plus additional security for the documents. Let’s go through all the requirements of this RTA sales transaction service and how one can utilise this service by RTA.
VEHICLE ONLINE SELLING AGREEMENT
RTA electronic selling agreement is an alternative to a traditional contract between buyers and sellers. The service can be availed at showrooms accredited by RTA Dubai. And, once the buyers and sellers sign this online selling agreement via the RTA sales transaction service, the traditional contract will be cancelled.
Besides, this online RTA sales agreement has the following advantages:
- The agreement will be safer and more secure on your online device.
- No other person can sell the car and transfer the vehicle ownership without the seller’s knowledge. Besides, the presence of buyers and sellers with their Emirates ID is necessary.
- When you buy or sell your used car in Dubai, the electronic sales agreement helps keep a record of sales.
- Dealerships will have access to the records and transaction history easily compared to paper contracts.
- The RTA online sales agreement can be cancelled automatically if the buyer fails to complete the transaction timely or backs out for any reason.
- Registering traffic fines will become easier as the vehicle will be under the buyers’ name from day one when they sign the agreement.
HOW TO APPLY FOR A VEHICLE ONLINE SELLING AGREEMENT
Alongside individual buyers and sellers, pre-owned vehicle dealerships can apply for RTA sales transaction service. Individual buyers and sellers can visit the RTA-approved car dealership and get their vehicle online selling agreement. The following documents are required when applying for the RTA sales transaction service:
INDIVIDUALS
When the vehicle online selling agreement is between two individual buyers and sellers, they need to visit the authorised dealership. Individuals need to submit the following documents:
- Emirates ID (for UAE nationals)
- Original Passport (For GCC visitors)
- Passport copy and visa (For expats)
- Vehicle ownership certificate of Dubai or other Emirates
- Vehicle transfer or export or customs certificate
- RTA electronic vehicle sale agreement form (from the RTA website)
COMPANIES
Companies need to submit the following documents:
- RTA electronic vehicle sale agreement form (from the RTA website)
- Signed endorsement or a power of attorney in the name of the dealership for vehicle sale authorisation
- Commercial trade licence
- Vehicle electronic insurance
PROCESS
The RTA vehicle sales transaction service process is very simple. Buyers and sellers need to visit the authorised dealership and present the required documents. The RTA smart card reader at the dealerships will read all the required information and the request will be submitted online on the RTA’s traffic system.
After this, individuals can visit RTA customer happiness centres or websites for any other service such as driving licence in Dubai, vehicle registration, transfer, or any other service.
SERVICE FEES AND WAITING TIME
The service fee for RTA sales transaction service is AED 20. Authorised dealerships need to pay this fee via an RTA e-wallet account or credit card. Once an individual or company has applied for the RTA sales transaction service, they will have to wait for up to 14 days for the selling certificate.
TERMS AND CONDITIONS
Individuals or companies need to follow these terms and conditions to take advantage of this sales transaction service by RTA:
- Vehicle owners must be present or their legal representative must come with a power of attorney saying “sales and disposal of vehicles”.
- Individuals must complete the transaction within 14 days to avoid any fines or penalties.
- All traffic fines in Dubai or other Emirates must be cleared before requesting this service.
- If the vehicle was bought on a mortgage, individuals must clear the mortgage before applying for this service.
This wraps the complete guide to the RTA sales transaction service that users can benefit from when buying or selling used cars. Besides, RTA offers training workshops to the authorised showrooms to make the process smoother.
Stay tuned to the UAE’s leading auto blog to learn more about the vehicle services offered by different authorities in the Emirates.
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