My friend borrowed 35,000 yuan from me and mortgaged my car. The car was bought with a loan from someone else, and he kept driving. What if the owner comes to ask for a car now?
The vehicle does not legally belong to the person who borrowed money from you. Therefore, the agreement that he borrowed money from you with the mortgage of the car itself is not established. Because the car does not belong to him legally, he has no right to mortgage the car at all, so you should return the car to the owner and ask your friend to pay back the money. You don't know it's not him. Why did you agree to use the car as collateral?