1, which can be identified by querying the engine number of the vehicle.
When most people provide mortgage loans, they will ask the other party to provide relevant procedures and certificates for vehicles, but they often lack the ability to effectively distinguish the authenticity of these procedures.
The most effective way to identify the true identity of a vehicle is to record the original rubbing number on the motor vehicle engine and then send it to the vehicle management department for verification.
Because the original number on the automobile engine and its record in the vehicle management department can't be forged under normal circumstances. In addition, in the identification of documents, when buying a car, we should focus on the original bills of the mortgage borrower. These banknotes are relatively difficult to forge and more authentic.
2. Payment can be made by requesting transfer, and the mortgaged vehicle cannot be transferred.
If the swindler wants to resell the rented car, he will inevitably make supporting fake documents for buyers who are not vigilant.
Disadvantages of mortgaged vehicles:
1, the mortgage auto financing institution can't claim the car from you, but the bank can. The hidden danger is that the original owner has no money to repay the loan, and finally the bank takes back the car he bought, which may eventually lead to economic disputes. Cars are not their own property. Although the mortgage car is cheap, it is risky, and many people don't buy it.
2. The mortgage car is likely to become a impounded car, which can't be inspected annually and can't be used on the road. As a result, the purchased mortgage car dare not drive on urban roads and only dare to use it in some remote areas. The above two situations are hidden dangers or traps without understanding the reality of the mortgage car.
3. The mortgage car can't be transferred normally, but it can buy insurance normally.