Managing the Paperwork of Your Newly Won Auctioned Car

Some of you might hesitate to participate in an auction for fear of having to deal with nightmarish paperwork. In reality, dealing with auctioned car documents is pretty easy.

Furthermore, there are certain advantages of buying a car through an auction. For example, you can get a car in a decent condition while paying for it below the market price.

Therefore, you might want to learn how to manage the paperwork surrounding an auctioned car’s documents so that you can participate in an auction and reap the aforementioned benefits.

The Complete and Easy Way of Managing an Auctioned Car’s Documents (H2)

Actually, the documents of an auctioned car are identical to the documents of a conventionally bought car. Hence, the process to handle the documents isn’t that complicated.

Before participating in an auction, the participants will be informed about the documents of auctioned vehicles. Needless to say, the authenticity and validity of the documents must have been checked by the auction organizer.

  1. Registering the vehicle to the Traffic Corps (H3)

After you won an auction, you need to register your new vehicle to the Traffic Corps (Korlantas). Without using Form A, auction winners just need to submit the auction report, and they can continue to the next process of managing the documents. 

  1. Attaching an auction report (H3)

Auction report is a document that can be used in the process to manage STNK (Vehicle Registration Certificate) or BPKB (Proof of Motor Vehicle Ownership) that has expired or is lost. This has been regulated by the Regulation of the Chief of National Police No. 5 of 2012 on the Registration and Identification of Motor Vehicles.

  1. How to apply for the BPKB of an auctioned car (H3)

BPKP can be applied for by attaching proof of identity and proof of transfer of ownership of motor vehicle. Proof of ownership of motor vehicle can be in the form of purchase invoice of auctioned vehicle, auction report, or legally binding court letter.

  1. How to apply for the STNK of an auctioned car (H3)

In regards to STNK, you can get your car physically examined in the Regional Police station. You also need to bring the required documents to samsat (one-stop administration service office) in accordance with the registered ID card to apply for a new STNK.

If it turns out that the auctioned vehicle doesn’t have BPKB or STNK, you can apply for those yourself. The process to do so is quite similar.

How Much is the Issuance Cost of an Auctioned Car’s Documents?

Aside from the way to manage the documents, some people might worry about the issuance cost of an auctioned car’s documents. They might think that the cost would be too high. That’s not a cause for concern. Here is the list of issuance costs for each document.

  • Issuance of BPKB for vehicles with four wheels or more costs Rp375,000,-

  • Issuance of STNK for vehicles with four wheels or more costs Rp200,000,-

  • Legalization of STNK costs Rp50,000,-

  • Issuance of STCK (Temporary License Plate Certificate) costs Rp50,000,-

  • Issuance of TNKB (License Plate) costs Rp100,000,-

Total issuance costs incurred are around Rp775,000,- Quite affordable, isn’t it?

So, feel free to participate in an auction so that you can buy a car at a cheaper price. In IBID, you can get your hands on a variety of auctioned cars with complete documents at a low price.