How to Check the Mortgage Status of a Mortgaged Vehicle?
3 Answers
You can check the motor vehicle registration certificate to see if there is any mortgage registration content. If there is content indicating a mortgage, it means the vehicle has not been released from the mortgage. You can directly go to the local vehicle management office, but the owner must be present to check whether the vehicle has any mortgage records. You can contact the corresponding insurance company to inquire about the mortgage status of the vehicle.
Last month, I wanted to buy a used Mercedes-Benz but was worried about unresolved liens, so I specifically checked its status on the DMV's official website. By simply entering the VIN and license plate number on the computer, the system displayed whether there were any lien records. It’s even more convenient now—just download the 12123 APP, log in with the owner’s account, and get the results in minutes. If the vehicle registration certificate is available, checking for lien stamps or bank details on it is the most straightforward method. After my check, I found the car had an outstanding bank loan, so I decisively walked away to avoid future debt issues. Regular checks are crucial, especially during used car transactions. A little carelessness could cost tens of thousands, so spending extra time on verification can save major trouble.
I have handled numerous vehicle appraisal cases, and checking the mortgage status is a fundamental step. The preferred tool is the official vehicle registration system, where you can enter the VIN code through the traffic bureau's website or app. Be cautious if it shows the vehicle is under mortgage. The registration certificate also prints mortgage details—don’t overlook the remarks in the corner. Third-party platforms like CarCredit can also be used; they charge a fee but it’s affordable. I strongly recommend checking before purchasing; otherwise, the car might be repossessed by the bank after you drive it home, leading to endless disputes. Remember to verify the original owner’s debts and the mortgage release date. Combining this with insurance records can minimize risks more comprehensively.
