According to relevant laws and regulations, the vehicle was scrapped in the accident. If the car loan has not been paid off at this time, the loan contract between you and the bank still needs to be fulfilled, that is, the borrower still needs to repay, otherwise it will be suspected of breach of contract and be investigated for legal responsibility. In addition, if the accident causes the vehicle to be scrapped, you can claim compensation from the insurance company if you buy the corresponding insurance.

Article 675 of the Civil Code

The borrower shall repay the loan within the agreed time limit. If the term of the loan is not agreed or clearly agreed, and cannot be determined according to the provisions of Article 510 of this Law, the borrower may return it at any time; The lender may urge the borrower to return it within a reasonable period of time.

legal ground

Article 675 The borrower shall repay the loan within the agreed time limit. If the term of the loan is not agreed or clearly agreed, and cannot be determined according to the provisions of Article 510 of this Law, the borrower may return it at any time; The lender may urge the borrower to return it within a reasonable period of time.