Applications for Dealerstock

Applications for Dealerstock

Application for Dealer Stock Transfer from Private Individual to Company

  1. Original green Natis (RC1) document
  2. Copy of previous owner’s identity document (original size)
  3. New owner’s BRNC certificate
  4. Copy of company proxy identity document (original size)
  5. Fully complete the NCO (Yellow) Form: Section A for previous owner, Section B for new owner details, and Section C for vehicle details
  6. Complete Sections A and C on the RLV (Blue) Form
  7. Signed affidavit

Application for Dealer Stock Directly from the Company

  1. Original green Natis (RC1) document
  2. Copy of previous owner’s identity document (original size)
  3. New owner’s BRNC certificate
  4. Copy of company proxy identity document (original size)
  5. Complete Section “A” (previous owner), Section “B” (new owner details), and Section “C” (vehicle details) on the NCO (Yellow) form
  6. Complete Section “A” and Section “C” on the RLV (Blue) form
  7. Signed affidavit

What happens after registration?

Once you are registered as a motor dealer, you can apply for a Motor Trade Number, which allows you to obtain Trade Plates. More details about Trade Plates can be found under the services section on our homepage.

What is the correct procedure for dealer stock?

A motor dealer must ensure that any vehicle traded in is officially recorded as “Dealer Stock” under the dealership’s name. This process enables the dealer to legally sell the vehicle to a new buyer.

  • To “Dealer Stock” a vehicle, the original Log Book must be in the name of the person trading it in. If the vehicle is still under finance, the dealer must first settle the outstanding balance with the financier. After that, the dealer can request the Log Book from the bank, register the vehicle as Dealer Stock, and the previous owner’s name is removed. This step must be completed before the vehicle can be sold.