The loan car can't be sold before the loan is paid off, and its vehicle registration certificate is still in the state of mortgage. It needs to go through the extension formalities at the loan repayment office before it can be sold.
According to Article 22 of the Regulations on Motor Vehicle Registration, if a motor vehicle owner mortgages a motor vehicle, he shall apply to the vehicle management office at the place of registration for mortgage registration; If the mortgage right is extinguished, it shall apply to the vehicle management office at the place of registration for cancellation of mortgage registration.
Article 23 To apply for mortgage registration, the motor vehicle owner shall fill in the application form, which shall be jointly applied by the motor vehicle owner and the mortgagee, and submit the following documents and vouchers:
(a) the identity certificate of the motor vehicle owner and the mortgagee;
(2) Motor vehicle registration certificate;
(three) the main contract and mortgage contract concluded by the motor vehicle owner and the mortgagee according to law.
The vehicle management office shall, within one day from the date of acceptance, review the submitted documents and vouchers, and annotate the contents and date of mortgage registration on the motor vehicle registration certificate.
Extended data:
Article 20 of the Regulations on Motor Vehicle Registration shall not apply for transfer registration under any of the following circumstances:
(1) The contents recorded in the archives of motor vehicles and vehicles are inconsistent;
(2) Motor vehicles subject to customs supervision have not been deregulated or approved for transfer by the customs;
(3) The motor vehicle is in the period of mortgage registration and pledge filing;
(four) the circumstances specified in items (1), (2), (7), (8) and (9) of Article 9 of these Provisions.