Can a Mortgaged Car Be Driven?
2 Answers
Mortgaged cars cannot be driven. Reasons why mortgaged cars cannot be driven: A mortgaged car is an item under normal mortgage lien procedures. As long as it is a legitimate pawnshop or qualified financial institution that has legally processed the mortgage, the original owner taking the vehicle away constitutes illegal behavior. You can report it to the police or file a lawsuit to protect your legal rights. Mortgaged cars: They are divided into fully paid mortgaged cars and non-fully paid mortgaged cars. Fully paid mortgaged cars are legal and can be traded; non-fully paid mortgaged cars refer to vehicles still under mortgage status with the DMV and bank. Privately selling such cars is illegal, and these vehicles should not be purchased.
Of course you can drive a mortgaged car. I myself bought a used mortgaged car recently, and it runs perfectly fine. The loan company told me that as the owner, I can drive it normally during the repayment period because they mainly care about the payments arriving on time. However, you need to be extra careful with small details when driving such a car, like making sure not to delay the monthly payments for too long, otherwise the bank might send someone to repossess the car, which would be a big hassle. Also, remember to regularly check the car's maintenance records—even though it's my daily ride, breaking down on the road would be even more troublesome. In short, there are no restrictions on driving it, the key is to follow the contract terms and not be careless.
