Can a Mortgaged Car Be Purchased Without Transferring Ownership?

1 Answers
McJoseph
07/29/25 8:32pm
Yes, it can. If a car has been mortgaged, it means the ownership rights of the vehicle no longer belong to the original owner. Therefore, the original owner does not have the right to transfer ownership of a car that temporarily does not belong to them to someone else. Purchasing such a car carries significant risks. Below are some precautions to consider when buying a mortgaged car: 1. If you intend to purchase a mortgaged car, you must clarify its source. If the car is stolen or involved in illegal activities, you must not buy it. Purchasing such a vehicle may lead to confiscation by law enforcement, resulting in substantial financial losses for the buyer. 2. Relevant documents are essential. The lending institution must provide a clear mortgage agreement, along with the borrower's identity information, including a copy of their ID card. 3. Inspect the condition of the mortgaged car. Many mortgaged cars may have underlying issues, such as being extensively repaired or having high mileage. Purchasing such a vehicle could lead to numerous performance problems. If the mortgage is not cleared, there is a risk. In other words: if the original owner repays the loan on time, it is acceptable; if they default, the car may be auctioned by the mortgagee to repay the debt.
Was this review help?
11
3
Share
More Forum Discussions

Should the Buick Excelle use 92 or 95 octane fuel?

Buick Excelle can use 92 octane fuel. Here is the relevant introduction: Introduction: The maintenance manual states that unleaded gasoline with an octane rating of 92 or above should be used. Adding 95 or 98 octane gasoline is also acceptable, but under normal circumstances, 92 octane fuel is sufficient. Octane Rating: The octane rating represents the gasoline's ability to resist knocking combustion. The higher the octane rating, the better the anti-knock performance. Commonly used 92 octane gasoline has an octane rating of 92, which means it has the same anti-knock performance as standard gasoline containing 93% isooctane and 7% n-heptane. Similarly, 98 octane gasoline has the same anti-knock performance as standard gasoline containing 98% isooctane.
15
3
Share

How to judge the three-finger width when reversing into the garage?

When reversing into the garage, observe that the distance between the car body and the garage corner will decrease from large to small. When it reaches 20 centimeters, straighten the steering wheel and maintain a 20-centimeter distance until the garage corner disappears. The rear of the car has already been reversed in at 30 centimeters. (This requires going through the process of turning the wheel all the way to the right - straightening - turning all the way to the right - straightening again, so maintaining 20 centimeters is sufficient).
2
5
Share

What is the difference between LSD oil and gear oil?

LSD oil and gear oil differ in that gear oil serves a lubricating function, reducing friction between gears, while LSD oil has a certain friction effect, meaning it increases internal resistance through controlled friction to slow down or reduce displacement of friction pairs. Below are specific details about automotive gear oil and LSD oil: 1. Working environment of gear oil: Gear oil, also known as transmission oil, is used as a transmission lubricant in gearboxes, specifically for lubricating various gears in transmissions, reducers, and differentials, with relatively low working environment temperatures. 2. LSD oil: LSD oil, also called limited-slip differential oil, is a type of gear oil. However, compared to standard gear oil, gear oil used in limited-slip differentials has higher requirements, operates in more complex environments, and must withstand higher temperatures.
3
5
Share

Can Two-Wheeled Motorcycles Go on the Highway?

Two-wheeled motorcycles can go on the highway. Requirements for motorcycles on the highway: Motorcycles can only drive in the rightmost lane on the highway. Violating this rule will result in a deduction of three points from the driver's license. The speed of motorcycles on the highway must not exceed 80 kilometers per hour, and carrying passengers is prohibited. Riders must wear helmets on the highway; otherwise, two points will be deducted. Conditions for motorcycles on the highway: The driver must hold a valid motorcycle license. Motorcycle riders must wear standard-compliant safety helmets as required. When driving on the highway, the minimum speed must not be lower than 60 kilometers per hour, and the maximum speed must not exceed 80 kilometers per hour. Both driving too slowly and speeding will result in corresponding penalties.
7
1
Share

Why was the Changan Oushang X5 discontinued?

Poor sales performance and high equipment failure rates were the main reasons leading to its discontinuation. More details about the Changan Oushang X5 are as follows: Introduction: Changan Automobile is one of China's top four automotive group enterprises. The Changan series of Chinese brands have surpassed 17 million users, leading Chinese brand vehicles. It has launched a series of classic products such as the CS series, Eado series, and Ruicheng CC, and has established joint ventures with Ford, Mazda, and Peugeot Citroën. Body data: The Changan Oushang X5 is a 5-door, 5-seater SUV with dimensions of 4490×1860×1580 mm and a wheelbase of 2710 mm.
20
2
Share

What is the purpose of modifying anti-roll bar links?

The purpose of modifying anti-roll bar links is to prevent excessive lateral roll when the vehicle turns, aiming to avoid vehicle rollover and improve ride comfort. Definition of anti-roll bar links: Anti-roll bar links, commonly known as "plum links" (Li Zi Chuan in Chinese), are part of some vehicle suspension systems. They are mainly used to connect the anti-roll bar of the vehicle chassis to the left and right shock absorbers or lower control arms. Due to their resemblance to sugar-coated haws on a stick in appearance, they are nicknamed "plum links". Classification of anti-roll bar links: By material, anti-roll bar links can be classified into cast iron, steel, alloy, etc. Most factory-installed anti-roll bar links are made of cast iron. By function, they can be divided into non-adjustable and adjustable anti-roll bar links.
2
4
Share
Cookie
Cookie Settings
© 2025 Servanan International Pte. Ltd.