Wahanaya.lk articles
Plain answers to common questions about buying, selling and leasing vehicles in Sri Lanka.
Showing 110–121 of 139 articles
The Aqua usually wins on fuel economy, resale value and parts availability, while the Fit wins on cabin space and boot practicality. Check the hybrid battery, service history and your own budget before deciding.
Wahanaya.lk team7 min read
Sri Lanka's DMT issues 13 licence classes (A1 to J) based on vehicle type, weight, and seats. Motorcycles and cars need class A1/A or B1/B; lorries and buses need C or D classes, which require a higher minimum age and two years on a light licence first.
Wahanaya.lk team9 min read
Keep your CR book, revenue licence, insurance certificate, VET emission certificate and driving licence valid and easy to find. Track renewal dates, keep certified copies if the vehicle is leased, and report a lost CR book to the police before applying to the DMT for a duplicate.
Wahanaya.lk team6 min read
Stop, check for injuries, call 119 (police) or 1990 (ambulance), and do not move the vehicles unless they're blocking traffic or unsafe. Report to the nearest police station, get a police report, photograph everything, and inform your insurer right away.
Wahanaya.lk team7 min read
Third-party insurance is the legal minimum and only pays for damage or injury you cause to others. Full (comprehensive) insurance adds cover for your own vehicle's damage, fire and theft, and costs more.
Wahanaya.lk team8 min read
Renew online at your province's eRL portal with your vehicle and chassis number, valid insurance, and a valid emission test, or visit any Divisional Secretariat with your CR book, old licence, insurance and emission certificate.
Wahanaya.lk team7 min read
Yes. Banks, licensed finance companies and leasing firms in Sri Lanka lease both used (already-registered) and reconditioned (imported) vehicles, not just brand-new ones. How much deposit you need depends on whether the vehicle is already registered in Sri Lanka or not.
Wahanaya.lk team7 min read
To settle a vehicle lease early in Sri Lanka, ask your leasing company in writing for a settlement figure, pay the outstanding capital (plus any fee or interest they still apply), get a settlement letter, then use it to clear the absolute owner entry on your CR book.
Wahanaya.lk team8 min read
Since 25 May 2026, CBSL rules set minimum down payments by vehicle type and age: 60% for new or under-1-year cars, SUVs, vans, three-wheelers and motorcycles, and 40% for new commercial vehicles or any vehicle already registered over a year.
Wahanaya.lk team7 min read
Your monthly lease payment depends on the vehicle price, your down payment, the interest rate (AER) and the lease term in months. Use the reducing-balance EMI formula, or our calculator, then add insurance and RMV costs to get your real monthly outlay.
Wahanaya.lk team7 min read
Fix anything that blocks the RMV transfer (revenue licence, VET, insurance) and cheap, visible faults — skip expensive mechanical overhauls, since most buyers deduct less from the price than the repair would cost.
Wahanaya.lk team6 min read
After you sell your vehicle, send the RMV's MTA 8 notice within 14 days, keep copies of every signed document, tell your insurer, and confirm the buyer completes the ownership transfer so fines and liability move off your name.
Wahanaya.lk team6 min read
