Because the overdue penalty interest of each car loan company is different, if your overdue penalty interest exceeds a certain proportion of the value of the car, the car loan company has the right to detain the car according to the contract signed by both parties.

Under normal circumstances, vehicles can only be returned if they are mainly returned with fines and principal. If it is overdue for too long, the vehicle may be sold by the car loan company. Two overdue times also affected the credit investigation, and the car mainly paid attention to its own rights and interests.

Second, is the car loan seizure allowed by law?

Legal analysis: Of course it is legal. In addition to impounding the car, if the car loan is not paid off, the debtor has the obligation to continue to repay. In addition, failure to repay as agreed will affect personal credit history. Car loan refers to the loan issued by the lender to the borrower who applies for buying a car. Automobile consumption loan is a new loan method that banks issue RMB-guaranteed loans to car buyers who buy cars at their special dealers.

Legal basis: Civil Code of People's Republic of China (PRC).

Article 401 The mortgagee and the mortgagor agreed that when the debtor fails to perform due debts, if the mortgaged property belongs to the creditor, it can only be paid in priority according to law.

Article 410 Where the debtor fails to perform the due debt or realize the mortgage right according to the agreement of the parties, the mortgagee may agree with the mortgagor to discount the mortgaged property or give priority to compensation with the price of auction or sale of the mortgaged property. If the agreement harms the interests of other creditors, other creditors may request the person to cancel the agreement.

If the mortgagee and the mortgagor cannot reach an agreement on the way to realize the mortgage, the mortgagee may request the mortgagee to auction or sell the mortgaged property.

Where the mortgaged property is discounted or sold, it shall refer to the market price.

Three, you can seize the bank loan car.

1, inability to repay is only a civil issue and will not be sentenced. If the creditor realizes that the lender is capable and refuses to perform the legal judgment, it will constitute the crime of refusing to perform the judgment, which may lead to imprisonment. 2. At least 6 months, the bank will send the summons to the borrower's home, regardless of whether the borrower is present on the day of the trial. ...