Buying and selling Updated: 6 November 2012 There's more to buying or selling a vehicle than exchanging the keys and money. Follow these easy steps to avoid getting caught with other people's unpaid licence fees and fines - whether you're the seller or the buyer. The quickest and easiest way to notify us that you have bought or sold a vehicle is to do it online through our transaction centre. Note: If your vehicle weighs 6000kg or over, you will also need to apply for a transport service licence (if you do not have one already). Some other vehicles under 6000kg also require a transport service licence. For more information, see Factsheet 47: Transport service licences . Advice for sellers Do: Notify the sale of the vehicle immediately. If you don't, you may receive the new registered person's: speed camera fines arking tickets vehicle licensing fees for up to 12 months fines for not displaying a vehicle licensing label fines for not displaying a current warrant of fitness. Don't: Rely on the buyer to notify their acquisition. Protect yourself Wait for the buyer to show you proof that they've notified their acquisition before handing over the vehicle. This proof could be the receipted customer section of the Notice by person acquiring motor vehicle form (MR13B) issued by one of our licensing agents .