The car can go. The vehicle is mortgaged only by the value of the mortgaged vehicle, and the vehicle is still occupied and used by the owner. The establishment principle of mortgage is not to transfer the possession of collateral.

Legal basis:

Article 36 of the Law of People's Republic of China (PRC) Commercial Bank, the borrower shall provide a guarantee for the loan of a commercial bank. Commercial banks should strictly examine the repayment ability of guarantors, the ownership and value of collateral, and the feasibility of realizing collateral. After examination and evaluation by a commercial bank, it is confirmed that the borrower has a good credit standing and can repay the loan, and no guarantee may be provided.

Can the mortgage car go on the road?

Question 1: Can the mortgage car go on the road? Whether the mortgage car can go on the road depends on whether the ownership of the motor vehicle and relevant documents are complete.

As long as the documents are complete, you can open them. If the documents are incomplete and there is no annual insurance, the traffic police will be punished when they see it. Your car may be confiscated because it is not the motor vehicle ownership of my car.

And there are two kinds of cars mortgaged by banks. One is that you can go on the road at will just by pressing the Green Paper. The property right belongs to the bank and the right to use it belongs to the individual.

The other is that the green paper is pressed with the car so that it can't drive on the road.

Question 2: Can I buy a mortgage car? Can you hit the road? What are the consequences and so on. . . . . When the contract expires or the loan is paid off, you can 10 buy a mortgage car without any consequences.

Question 3: Can the mortgage car go on the road normally? Is it safe to drive? cannot

Question 4: Can I get on the road normally if I buy a mortgage car in a foreign country and drive it back to the local area? Will the traffic police catch it? As long as the documents are complete, you can drive. If the documents are incomplete and there is no annual insurance payment, the traffic police will be punished when they see it. Your car may be confiscated because it is not your own car.

It is not illegal to buy a mortgage car, but it cannot be transferred, so be careful when buying it, and it is best not to buy it.

Precautions for purchase

First, understand the current situation of the car. Before buying a mortgage car, the owner must carefully observe the condition of the car, compare the prices in many ways, and learn some knowledge about used cars. If you have knowledgeable friends, you'd better ask them to choose together.

Second, the car price positioning. Many car owners don't fix the price when buying mortgage cars, and they are often cheated by some illegal mortgage car dealers in a muddle. Therefore, when buying a mortgage car, you must make your own economic plan in advance. How much to buy depends on your own economic ability. Never buy a car because of face, so you will not be able to afford it in the long run. Determine the positioning of buying your own mortgage car and choose the right mortgage car at this price. Determine the price range of the mortgage car you want, so it will be easier to choose. To buy a mortgage car, the procedures for the vehicle should be complete, and the price and model of the vehicle should be compared. Don't start with mortgage dealers when you see that the car price is cheap. Maybe the next one, the price of the same model is more favorable.

Third, bring a knowledgeable master. When buying a mortgage car, the price is not counted, and the rest is the quality of the car. When buying a mortgage car, you must thoroughly check the quality of the car. If you don't know anything about cars, you'd better take a friend who knows cars with you to see them, so that you can be more confident. You need to know the maintenance, taxes, service life and so on of the car from the original owner.

Fourth, go through the formalities. The mortgage car cannot be transferred, but in order to ensure the safety of the owner's property, all the procedures must be solved before all the money can be paid. Whether the car is illegally assembled, smuggled, stolen, etc. , you can query when trading.

Question 5: Will the traffic police check the mortgage car on the road? Is the traffic police checking the mortgage car on the road? Mortgage car procedures are normal, driving license, as long as the normal annual review, normal purchase of auto insurance will be eligible to drive on the road. The only thing is that it is equivalent to driving a friend's car. Do you think the traffic police will check?

Question 6: Will the traffic police detain the car on the road? Under what circumstances will it be mortgaged? Who was mortgaged to?

Question 7: If you buy a mortgage car, the vehicle will be sealed up and other formalities will be completed, and it will be mortgaged to the bank. Excuse me, can this car get on the road? Will it be impounded and confiscated by the traffic police? You can drive on the road without being detained by the traffic police.

The main purpose of vehicle mortgage is to prevent the debtor from failing to perform his obligations according to the contract. When the creditor's rights cannot be realized, priority shall be given to paying the mortgaged vehicle price to the vehicle owner. The mortgage does not affect the use of vehicles on the road, and the traffic police have no right to detain them. However, as a vehicle buyer, it is still prudent to buy mortgaged vehicles, because the sale of mortgaged vehicles must be approved by creditors, otherwise once the mortgaged vehicles are executed, the buyers will suffer losses.

Question 8: Will the mortgage car be punished by the traffic police if it is locked? Not only will it be punished, but the car will also be confiscated. The locked state and the detained state cannot be used normally. Only the sealed state and normal state can be used normally, and insurance can be purchased normally.

Question 9: What happened to the mortgage car? I have one, which was checked by traffic police comrades a while ago, saying that it was seized. Can my car be on the road? The seizure of the vehicle does not affect the use, and it can be used normally, as long as the creditor's rights and safety are well done.

Question 10: Can the vehicle still be on the road after being mortgaged and seized? Don't! The insurance company refused to compensate for the traffic accident.

Car mortgage, can the car still drive?

Yes, you can still drive after applying for a mortgage loan. Just hand over the formalities to the loan handling bank or lending institution. The car is still reserved for the owner, who has the right to use the car, and then go through the formalities of understanding the mortgage after the car loan is repaid. Unsecured loan means that the vehicle can still be used by itself during the loan period, but the lending institution will let you install GPS equipment, and you need to sign a GPS mortgage loan service. After completing these procedures, you can continue to use your mortgage car after the loan. Therefore, there is no need to mortgage a car loan. It should be noted that although the vehicle mortgage loan is applied, the customer can continue to use the vehicle as long as the vehicle is not directly mortgaged, but the vehicle is still mortgaged, so the owner cannot transfer the vehicle. If the vehicle is to be transferred, the vehicle loan must be paid off and the vehicle can only be released after it is mortgaged. Also, during the car loan period, if the borrower can't repay the loan, the loan handling bank or lending institution can contact the court to auction the car, and then use the proceeds from the auction to deduct the unpaid part of the car loan.

Million car purchase subsidy