Hi all,
I'm buying a car from a relative of mine who will be migrating soon. He is the first owner of the vehicle. Some one told me that I should have the open papers rather than transfer it to my name as this will add value to the car when I re-sell it. Usually I don't expect to use car for more than 2-3 years.
What do you guys think about having open papers? Is it a wise decision? What would be the practical difficulties I will face specially considering the previous owner will be out of the country.
thanks in advance
S