Buying a car in the Faroe Islands

Hi,

To be able to move in the Faroe Islands, a lot of expatriates think of buying a car, whether new or second-hand.

What are the formalities to buy a vehicle in the Faroe Islands: car registration, insurance, etc.?

What are the relevant authorities or organizations to contact?

How long does it take and what are the associated costs?

Thank you in advance for sharing your experience,

Kenjee