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Buying a Car in Greece by Resident Abroad – Procedure

Buying a Car in Greece by Resident Abroad – Procedure

Transferring a car is a relatively simple process, which usually takes three business days to complete. The cost of the transfer varies depending on the cubic centimeter of the car. The vehicle can be transferred following the procedure needed either to the Transport and Communications Office or the Citizens Service Center (KEP).

After submitting the supporting documents, the interested parties or the duly authorized persons, seller and buyer, exchange responsible statements stating the amount of the purchase in order to submit it to the Tax Office. Usually the transfer time is three days.

 During this time, the buyer can legally drive and insure the vehicle he has already occupied, with the ministry’s sealed photocopy of the license, until he receives the original and the process is formally completed.

DOCUMENTS

The supporting documents required for the transfer of the vehicle are:

  • Vehicle IX registration (original and photocopy).
  • Existing KTEO (technical inspection form), if obliged to have the vehicle (original and photocopy).
  • Vehicle Transfer Request.
  • Ownership (repayment deed) if the seller owes the car (bought it in installments).
  • Identity card or passport, seller and buyer.
  • Buyer’s VAT ID.
  • Bank document for the payment of the transfer fee and the license fee of the vehicle. In the statement of reasons, do not forget to indicate the registration plate of the vehicle.
  • Certificate issued by the competent Tax Office (DOY) for non-payment of traffic charges.
  • ATTENTION in some cases foreign third-country nationals will also need to submit a residence permit in Greece.

If the supporting documents are not submitted by the person concerned, then all supporting documents must be authenticated for signature by the nearest Police Department or KEP. In addition, authorization will also be required for the authenticity of the signature along with a certified photocopy of the police ID or passport of the authorized person.

PROCEDURE

Interested parties go to the relevant department and submit the documents. The civil servant issues a new temporary licence. After seven days the buyer receives the final and formal license.

THE COST

Costs for the transfer of the vehicle are borne by the buyers. In particular, they pay the license fee of 75 euros and the transfer fee, which varies depending on the car’s cubic centimeters:

  • EUR 30 for vehicles from 51 to 400 cubic centimeters.
  • EUR 45 for vehicles from 401 to 800 cubic centimeters.
  • EUR 60 euros for a car from 801 to 1,300 cubic centimeters.
  • EUR 90 euros for vehicles from 1,301 – 1,600 cubic centimeters.
  • EUR 120 euros for a car from 1,601 to 1,900 cubic centimeters.
  • EUR 145 when the vehicle is 1,901 – 2,500 cubic centimeters.
  • EUR 205 for 2,501 cubic centimeters or more.

Payment of the fees is deposited in a bank account number provided by the district or KEP officer. Don’t forget to write down your plate number on the reason for your deposit.

With the transfer of the car the new owner should inform the insurer. The car insurance will cease to be valid 30 days after the transfer and the insurance company will refund you the amount due on the days remaining to expire.

The new vehicle owner is obliged to insure it on the first day after the transfer so that it will not be penalized by the laws on uninsured cars.

Author

Maria Dianellou- Tax Advisor –Taxblock Team

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