Process Of | Buying A New Car In Kenya
The receives a notification to accept the transfer and pays the required fee.
Once processed, the NTSA will issue a new logbook in your name. process of buying a new car in kenya
Most buyers use bank transfers or hire purchase agreements. For hire purchase, expect to pay a deposit of 50% to 60% , with the balance cleared over 12 to 18 months. 5. Ownership Transfer via NTSA TIMS The receives a notification to accept the transfer
You must have at least Third-Party insurance to drive on Kenyan roads, though Comprehensive insurance is recommended for new or high-value vehicles. Ensure the financier is noted on the policy if you are buying on credit. 4. Payment and Sale Agreement For hire purchase, expect to pay a deposit
Use the NTSA TIMS portal to perform an online search. This confirms the current legal owner and ensures there are no caveats or unpaid loans attached to the car. 3. Valuation and Insurance
Once satisfied, draft a sale agreement. This document should be signed by both parties and witnessed by a third party.
