Second-hand car market to be regulated, dealers to play a bigger role

When the vehicle is received for reselling by the dealer, it will be registered for sale. The dealer will then become the sole responsible person for any untoward incident like theft etc

Dealers who sell second-hand vehicles may soon be regulated in India. Under the new rules, they will have to notify the authorities about the sale process. According to a report by Economic Times (ET), the information will have to be shared as soon as the dealers take up the vehicle for resale. 

The intermediaries, both online and offline, will have to register with the state transport departments. 

"It will be mandatory for all used car or bike dealers to notify authorities about any vehicles they intend to resell…A used vehicle dealer will also have to register their organisation with the