I bought a used car from a friend a year back. Now I want to sell it and buy a bigger car. I have an open transfer letter. Should I first transfer the car to my name before selling it? Or is it better to just hand over the open transfer letter to whoever buys my car? What do you guys suggest?
If latter is suggest which is to hand over the open transfer letter to the buyer, can somebody give me a detailed explanation on how exactly it is done?