Is It Legal to Buy a Vehicle with a Nominal Owner?

[McIker]

It is illegal to buy and use a vehicle with a nominal owner. Below is relevant information: 1. Definition: A vehicle with a nominal owner refers to a car that cannot be transferred to a new owner. Such a vehicle may be fully functional, with all necessary documents in order, including valid annual inspections and insurance, but ownership transfer is impossible. 2. Reasons: The vehicle's license plate registration location is too distant, making the transfer process costly; the vehicle may be used as collateral in debt settlements, possibly entangled in multiple debt cycles; the original owner has passed away without canceling the vehicle registration; in regions with purchase restrictions, the vehicle is sold along with the license plate; imported vehicles cannot be registered locally due to migration restrictions; some fraudsters may sell commercial vehicles converted to private use as nominal owner vehicles at low prices.