Wahanaya.lk articles
News, model reviews, advice and plain guides to buying, selling and leasing vehicles in Sri Lanka.
Showing 74–85 of 282 articles
You get a VET certificate by driving to an authorised Drive Green or Laugfs Eco Sri testing centre with your CR book (or VIC) and current revenue licence; if your car passes, you get a certificate valid for 12 months that you must show when renewing your revenue licence.
Wahanaya.lk team7 min read
The MTA 6 is the DMT's official form for transferring vehicle ownership. Fill all four sheets in English capital letters, get the seller, buyer and a witness to sign with their NIC numbers, attach Form C, and lodge it at the DMT with the CR book within 14 days of the sale.
Wahanaya.lk team7 min read
For most used, already-registered vehicles, don't wait — duty is already paid and won't change. For brand-new imports or pre-booked stock, prices could move after the 2027 Budget (speech Nov 12, final vote Dec 14, 2026), so get a written price lock from the dealer.
Wahanaya.lk team7 min read
There is no single legal minimum, but most banks want net monthly income from about Rs. 150,000 upward for a standard car lease, while some finance companies accept lower salaries with a guarantor. What matters most is your debt-service ratio, not just your payslip number.
Wahanaya.lk team7 min read
A used car's manufacture year (YOM) and its registration year (YOR) differ because many imported vehicles sit as dealer stock or take months to clear customs and register. Always check both dates on the CR book, since YOM — not YOR — drives import duty, insurance value and resale price.
Wahanaya.lk team7 min read
A balloon payment lease keeps your monthly instalment low by pushing one large lump sum to the end of the term, usually set close to the vehicle's expected resale value. It can ease your monthly cash flow, but only choose it if you already know exactly how you will pay that final lump sum.
Wahanaya.lk team7 min read
Yes, you can still sell and transfer the car. Take both your old 9-digit NIC number and your new 12-digit NIC to the DMT divisional office with your CR book, and get a confirmation letter from the Department for Registration of Persons if the office asks for one.
Wahanaya.lk team6 min read
This week's big stories: a corruption probe at the Department of Motor Traffic, a push to scrap the 15% used-vehicle tax discount before the 12 November budget, new bus route permit rules, and a renewed Toyota leasing deal with Commercial Bank.
Wahanaya.lk team7 min read
Compare only like-for-like listings (same model, year, mileage band, transmission and condition), check Wahanaya's price-check tool for a market range, then add in revenue licence, insurance and repair costs before judging if a price is fair.
Wahanaya.lk team6 min read
If your vehicle has a common-rail turbo diesel engine (most Hilux, D-Max, Montero Sport, Prado, Vigo, and newer KDH models), use Super Diesel, not Auto Diesel. Auto Diesel's higher sulphur content corrodes injectors over time and can cause expensive repairs.
Wahanaya.lk team8 min read
Yes, you can settle a vehicle lease early in Sri Lanka. You'll get a rebate on unpaid future interest, but the finance company will also charge a settlement fee based on the unexpired period, so ask for a written settlement letter before you decide.
Wahanaya.lk team7 min read
Your motor insurance does not transfer to the buyer automatically. You must cancel it in writing with your insurer, return the certificate of insurance, and you'll get a short-period refund only if you made no claims — and you can carry your No Claims Bonus to your next vehicle.
Wahanaya.lk team7 min read
