Can the car purchased with a loan be transferred?
The car cannot be transferred while it is being mortgaged. The reason is simple, because when applying for a car loan, the car title has been transferred to the lending institution. In the future, there will only be the right to use the car, but no right to dispose of it.
1. Only when all loans, including principal and interest, are repaid, will the property rights of the car be returned to our hands again. Therefore, the car cannot be transferred while being mortgaged, let alone bought or sold.
2. Therefore, before applying for a car mortgage loan, borrowers must consider the loan issue based on their overall situation. Otherwise, irregular repayments will not only leave a stain on their credit record, but It will also affect future applications for other loans.
Extended information:
Transfer type:
1. Transfer from individual to company
Driving license, registration certificate, vehicle body invoice, seller The seller’s ID card, the seller’s photo taken at the vehicle management office, the vehicle’s annual inspection showing no violations, two copies of the company’s organization code certificate plus the official seal, the application form plus the official seal, and the white paper plus the official seal. , 2 Company transfer to the company
1. Motor vehicle registration certificate, 2. Compulsory traffic insurance within the validity period, 3. Enterprise code certificates and official seals of both parties to the transfer (copy, original of the buyer), 4. Driving license, 5. Purchase and sale agreement, issue a second-hand car transaction invoice, 6. Fill out the transfer form at the vehicle management office and go to the relevant window to handle it.
Second, transfer from individual to individual
Vehicle driving license, vehicle registration certificate, vehicle purchase tax certificate, road maintenance fee certificate, insurance policy, vehicle and vessel use tax certificate, and ID card.
Methods/Steps For used motor vehicle transactions, sign a used motor vehicle sales contract supervised by the industrial and commercial department. Each party holds a copy. Only after filing with the industrial and commercial department can the vehicle change or transfer be processed. Please pay attention to whether the documents are complete and consistent with the car owner's ID card. If there is any discrepancy, it should be changed by the original owner in advance. After the contract is signed, an invoice for the used motor vehicle transaction will be issued, and the burden of related expenses will be determined through negotiation between the buyer and the seller.
Go to the vehicle management office with the old motor vehicle transaction invoice and old motor vehicle sales contract to apply for changes or transfers of vehicle driving licenses and registration certificates. Pay special attention to whether the vehicle being traded has any traffic violations or unhandled accidents. With the changed registration certificate and vehicle driving license, go to the purchase surcharge hall to apply for change or transfer of purchase tax.
3. Transfer of ownership to relatives
There are two ways to transfer ownership of motor vehicles to immediate relatives:
One is the transaction method, that is, you still need to go to the motor vehicle trading market to handle it Related procedures. The processing point can be the vehicle management branch where the personal ID card belongs, or the vehicle management branch where the transferor's ID card belongs, but the transferor does not need to go to the vehicle management branch in person.
The other way is to make a gift. You can go to the notary office to apply for a gift notarization, and use the gift statement and notarization to register the transfer. However, the notarization fee is charged based on a percentage of the value of the gift vehicle, which is generally higher than the transaction fee.