What are the platforms for buying mortgage cars?

Mortgage Auto Trading Network (/) is the first third-party service platform specializing in mortgage auto trading in China. Mainly for the owner's mortgage (pawnshop, investment company, guarantee company) loans, the mortgaged car that cannot be repaid after the mortgage expires is transferred to other people who need the car through the mortgage car trading network, providing a trading platform for buyers and sellers.

1. The Registration Certificate has been mortgaged to the bank or financial institution when the vehicle is purchased, and the status shows "Mortgaged". The owner then pledged the vehicle to the pawnshop, and the owner chose to escape because he had no money to repay it. As a result, debt disputes, chattel property rights, ownership and pledge (consulting lawyers for details) arose, and then the company that mortgaged the "grade certificate" sued the court for seizure of the vehicle, and the status showed "seized". The significance of sealing up vehicles in the new traffic law is to prohibit vehicle trading and transfer.

2. What are the procedures for purchasing a mortgage car?

1. Copy or color copy of the vehicle pledge loan agreement signed and approved by the owner (proving the legal source of the vehicle).

2. Vehicle driving license (you can legally go on the road).

3. Copy of the owner's ID card (for vehicle annual inspection or certificate replacement).

4. Vehicle transfer agreement (proving that you did spend money to buy a vehicle).

3. What should I do after a traffic accident?

You can buy commercial insurance for individual beneficiaries (consult the insurance company for details), and you can go to the local insurance company with your ID card and vehicle driving license. You can also buy it with the ID card of someone around you, and you can compensate him in case of an accident. When you buy and sell insurance for vehicles again, it is enough that the applicant is you and the beneficiary is you.

Fourth, the source of mortgage car.

Many people will worry about whether the source of the mortgage car is legal and formal. In fact, you can rest assured as long as you do a good job of inspection. First of all, after all, there are very few stolen cars now, and openly buying and selling stolen cars is a great crime; Secondly, the vehicle information and mortgage agreement can be provided to the buyer, and the buyer can inquire about the basic information and situation of the vehicle through these documents, so it is relatively safe.