Does keeping a vehicle registered under your name without deregistration have any impact?

[DelLola]

Keeping a vehicle registered under your name without deregistration does have impacts. The following are specific impacts: 1. Traffic management department regulations: If the owner of a motor vehicle fails to complete the deregistration within the specified time, the traffic management department of the public security authority will announce the invalidation of the vehicle registration certificate, license plate, and driving license. 2. Insurance claim rejection in case of accidents: Vehicles and license plates announced as invalid cannot continue to be used. If driven, in the event of a traffic accident, the driver will bear full or primary responsibility, insurance companies will refuse to compensate or insure, and it will also affect the subsequent inspection of the driver's license. The vehicle management department will also suspend the registration of newly purchased vehicles.