A Motor Dealer, according to the National Road Traffic Act, is any individual or entity involved in the buying, selling, repairing, or modifying vehicles, including adding permanent structures to them.
Documents Required for Dealerstock Application from Private to Company:
- Original Green Natis (RC1)
- Previous Owner’s ID Copy (original size)
- New Owner’s BRNC Document
- Company Proxy ID Copy (original size)
- Completed NCO (Yellow) Form:
- Section “A” (Previous Owner Details)
- Section “B” (New Owner Details)
- Section “C” (Vehicle Details)
- Completed RLV (Blue) Form:
- Section “A” and Section “C”
Documents Required for Dealerstock Application Direct from the Company:
- Original Green Natis (RC1)
- Previous Owner’s ID Copy (original size)
- New Owner’s BRNC Document
- Company Proxy ID Copy (original size)
- Completed NCO (Yellow) Form:
- Section “A” (Previous Owner Details)
- Section “B” (New Owner Details)
- Section “C” (Vehicle Details)
- Completed RLV (Blue) Form:
- Section “A” and Section “C”
What Happens After the Registration?
Once your registration as a motor dealer is complete, you can apply for a Motor Trade Number, which allows you to obtain Trade Plates. More information on Trade Plates can be found as a service on our homepage.
Correct Dealerstock Procedure
To ensure that a vehicle is properly “Dealer Stocked,” it must be transferred into the dealership’s name when traded in. This process allows the dealership to sell the vehicle to a new owner.
To “Dealer Stock” a vehicle, the original Log Book must be in the name of the person who traded it in. If the vehicle is still under finance, it must be fully paid off by the dealer. After that, the dealer can request the Log Book from the bank, then officially stock the vehicle as part of their dealership, with the original owner’s details removed.
This step should be completed before selling the vehicle.
Let’s get your dealership organized and listed as a motor dealer! We’re excited to assist you through the process.