Can I buy a bank mortgage car? Let's first understand the following situations:

One: the original owner pays the down payment for the new car and repays the loan on time in the previous periods. Later, due to the difficulty in turnover, the vehicle was pledged to a pawnshop or a financial company. Because of the inability to repay, the vehicle was resold again according to the contract, and the bank's money has not been returned;

Two: the original owner bought the car in full, and also went to the bank for a loan because of financial problems, and pledged the big book to the bank. After a while, he pledged the car again, and both ends owed money, and the pawnshop resold the car again;

Three: Car buyers buy used cars, then go to the bank to mortgage loans, and then go to private or pawn companies for loans, and both parties also owe money.

In these cases, the bank has two lenders to mortgage the car. At first, it was pledged by the Green Paper, but the car was not mortgaged and could still be used normally. When the car was mortgaged to a financial institution for the second time, it lost the right to use it as a pledge. In the later period, the owner could not pay the money and the vehicle could not be transferred. Financial institutions will transfer vehicles according to the contract.

How do banks deal with cars that don't pay back the money?

When the owner stops repaying the loan, the bank will collect the loan and follow the principle of chasing people instead of cars, which will not affect the use of your vehicle. Bank staff will come to collect loans and find the original owner and his loan guarantor. This program will take a long time to complete. If the original owner doesn't pay back the money, the bank has the right to apply for impounding his car. According to the principle of property preservation, the vehicle cannot be transferred.

Detaining vehicles can only have the right to enforce the law. Relatively speaking, there are too many such vehicles in the country, and all vehicles are mortgaged with movable property. The original owner can't find it or know where it is. It is very difficult to implement and the cost is high, so it is very difficult to implement, and most of them will eventually go away. ...

So if you buy a bank mortgage car, it is equivalent to the money that the original owner owes you and the bank. Let's all weigh ourselves. ...

Second, used cars are worthless. Isn't it worthwhile to mortgage the car?

Mortgage and sale are both ways to realize used cars. The mortgage is suitable for the short term, and the owner does not want to sell the car. The mortgage is exchanged for 70% of the estimated price of the car. Used for turnover. Some car owners feel that the price is too low, so they use mortgages. So mortgage or sale is a way, mainly depending on the owner's idea.

Third, can I buy a used car by mortgage?

Hello, it's cheap to mortgage a second-hand car, but I still don't recommend buying it. Because used cars are likely to have laws.

4. How much can I borrow from the pledge loan of used car mortgage?

This is linked to the value of your car. The more valuable a car is, the more it must be borrowed. It seems that Peng has more loans.