Can I Buy a Mortgaged Car?

[Vanessa]

If the mortgage has been lifted, the mortgaged car can be bought; if the mortgage has not been lifted, it means the ownership of the car does not temporarily belong to the owner, and it cannot be purchased. When buying a mortgaged car, pay attention to who has the ownership of the vehicle, whether the vehicle can go through the transfer procedures at the vehicle management office, and whether there are still outstanding loans on the vehicle. Mortgaged cars are divided into fully paid mortgaged cars and non-fully paid mortgaged cars. A fully paid mortgaged car needs to meet one of the following conditions: 1. The car was bought with a one-time payment; 2. The car was bought on installments, and the payment has been completed, but the owner is unwilling or unable to repay the financial company and does not cooperate with the transfer, so the financial company legally transfers the debt. A non-fully paid mortgaged car refers to a car that is still in a mortgaged state with the vehicle management office and the bank when it is sold.