The loan car is driven away by others, which usually happens when the loan is not returned on time. When the lender repossesses the car, it can be solved in the following three ways: first, call the police and let the police come forward to coordinate and solve the problems between the two parties. Second, you can bring a lawsuit to the court where the loan company is located and demand the return of the vehicle. If there is no clause in the loan contract to increase the late payment fee, the car buyer may not pay the late payment fee and has the right to claim compensation for his own losses. The third is to pay late fees to recover the vehicle. Late payment fees are generally very high, so we can discuss with the loan company to minimize the share of late payment fees with the ultimate goal of redeeming vehicles.

legal ground

Article 671 of the Civil Code of People's Republic of China (PRC): Consequences of Lender's failure to provide loans and Borrower's failure to collect loans as agreed. If the lender fails to provide the loan according to the agreed date and amount, thus causing losses to the borrower, it shall compensate for the losses. If the borrower fails to collect the loan according to the agreed date and amount, it shall pay interest according to the agreed date and amount.

Article 676 of the Civil Code of People's Republic of China (PRC) If the borrower fails to repay the loan within the agreed time limit, it shall pay the overdue interest in accordance with the agreement or the relevant provisions of the state.