Pay attention to this question:
1, a mortgage car usually refers to a regular mortgage car. A regular mortgage car has a regular source and a formal and legal mortgage agreement. In addition, the lending institution can also provide a copy of the owner's valid ID card and so on. Vehicle transfer, the procedures include the original owner's mortgage contract, the owner's signature fingerprint, the original owner's driving license, a copy of the original owner's ID card (for vehicles), and finally signing the transfer agreement.
2. Mortgaged vehicles should be legally obtained, and all vehicles are well documented and have cards, which can be checked nationwide. Ensure normal driving, check the car and buy insurance. If the condition of the car is not at ease, you can go to the 4S shop for professional testing to prevent accident cars, soaking cars and refurbished cars.
3, the vehicle can not be transferred, so it is cheaper than the transfer car.
4. Regarding the annual inspection of vehicles, you can issue a power of attorney for annual inspection in different places and directly entrust the local vehicle management office to conduct vehicle inspection.
Regarding the insurance after buying a car, you can buy insurance in your own name with your driving license and ID card. Many buyers don't pay much attention to the source of the mortgage car, so there are many problems after buying it.