Suggest selling the car and paying off the loan. You can buy a car when you have money behind you. If the credit is hacked, there will be many difficulties later. Once again, people who have no repayment ability are advised not to borrow money. Cars are consumer goods and will only depreciate rather than increase in value. Buy according to your own situation!

Communicate and negotiate with the bank in time. Remember, whenever the loan is not paid, the first thing to do is to negotiate with the lending institution, show your difficulties, express your repayment determination, gain the recognition and trust of the bank, apply for an extension of the repayment period, and repay by installments to reduce your repayment pressure. On the premise of temporary turnover, you can contact to apply for deferred repayment. Ordinary customers can't afford to pay if they can't turn around temporarily. After verification, they will help extend the loan period.

Second, you can find financial institutions to handle bridge loan and replace overdue car loans. If the bank doesn't agree through consultation, then we can go to other banks or leasing companies to apply for new consumer loans and replace car loans. It should be noted that we must apply for a loan before loans overdue. If the application is overdue, the credit report will show the overdue record, and it will be too late.

Find relatives and friends for temporary turnover and create time for yourself.

If the installment amount of the car loan is small, you can temporarily turn over the funds, solve the current repayment plan, and then find other ways to solve it. If you still want to drive your car, but there is no reason to apply for an extension, you should borrow money from your friends and relatives when the microfinance company can't apply, but remember to make an IOU with them and pay back the money on time.

If there is really no way and no money to pay back, then you can only wait for prosecution. Generally, you can't repay the car with a mortgage. After half a year, you will sue, apply for preservation and seizure of the car, and collect the arrears through judicial auction. Of course, after deducting a series of expenses, if there is still money, it will be returned to you.

In short, before the car loan is about to expire, we must not escape, and escaping will not solve the problem.

How to negotiate repayment of overdue car loans?

If the car loan is overdue, the user should contact the lending institution to explain the reasons why it cannot be repaid, and then apply for deferred repayment.

As long as the user does not maliciously overdue, the lending institution will usually agree to the user's application.

1. The advantage of successful negotiation between users and lending institutions is that users will not encounter collection within the overdue period.

2. Of course, if the car loan is overdue, the overdue record will definitely be uploaded to the credit information. However, as long as the overdue debts are paid off as soon as possible, the negative impact of overdue records can be reduced.

3. If it is only a temporary difficulty, the money is not in place, and the salary is in arrears, you can borrow it from a friend and pay it back. If it is overdue, the interest agreed in the contract will rise, and some financial institutions will charge a certain late fee on a daily basis. It will also affect personal credit reporting. If the overdue time is too long, it will be blacklisted, which will seriously affect life, study and promotion. Now many units and institutions will check personal credit information, so this has a great impact.

1) If the car loan is overdue for more than one year, it should be repaid as soon as possible to avoid further overdue, resulting in more penalty interest and more serious personal credit damage. Of course, if you are temporarily unable to repay, you can choose to contact the loan bank (or auto consumption finance company) to discuss whether you can apply for an extension of the repayment period and repay the arrears by installments. Develop a good habit of paying back on time and try to avoid overdue. After all, overdue will bring bad consequences. The overdue records of credit investigation can only be deleted after the customer has paid off the arrears for five years.

The best way to deal with the inability of mortgage car to repay.

It is impossible to repay the car loan, and voluntary car return can solve the corresponding problems. Depending on the contents of the contract signed at the time of car loan, the ownership relationship of the car will change.

When the car loan is unable to repay, if you still want to keep the car, you can try to apply to the bank or financial institution for loan extension. If the lender cannot repay the loan for any reason, the bank will extend the loan for a certain period after verification and extend the repayment period. Or borrow money from relatives and friends first, pay back the loan, and then return the money to them when you are well off, but here I suggest that you'd better write an iou.

If you don't want to keep the car, you can discuss with the seller to transfer the loan or find a car buyer. First, you can use the buyer's down payment to repay the loan, and then after the loan is paid off, you can cancel the car mortgage registration and go through the transfer procedures.

It should be noted that before the loan is paid off, the vehicle cannot be bought or sold, because when the vehicle is loaned, the vehicle needs to be registered as a mortgage, and the transfer can only be carried out after the mortgage registration is cancelled, so it can be bought and sold naturally.

When you find yourself unable to repay your car loan, you need to come up with a solution in time, communicate with the dealer as soon as possible and find a suitable solution. If the loan cannot be repaid for a long time, it will affect the personal credit record and cause certain liquidated damages. If it is serious, it will be prosecuted by the lending institution, enforced by the court, and the vehicle will be seized for auction to repay the car loan.

The above solutions and precautions can be referenced, but the specific implementation method should be based on the actual situation, the results of negotiation with dealers, the contents of the contract and so on.

What if the car mortgage is unable to repay?

Unable to repay automobile mortgage's solutions are:

1, asking for help: If the owner doesn't repay the car loan temporarily, he can borrow money from relatives and friends around him to repay it, which can prevent the overdue car loan, otherwise the overdue car loan will not only generate high overdue interest, but also affect personal credit information;

2. Resale the vehicle: If the owner can't continue to repay the car loan, but the negotiation with the bank fails, at this time, the owner can choose to voluntarily give up the vehicle and hand it over to the bank for auction, which is very uneconomical. For the owners, the auction loss is more serious;

3. Negotiate repayment: If the car loan is still unpaid, the owner can try to call the customer service staff of the lending institution to negotiate and apply for an extension of the repayment period and repay the arrears in installments.