What documents are required for a mortgaged vehicle?

[StellaDella]

Documents required for releasing the mortgage on a used car include proof of identity for both the vehicle owner and the mortgagee; if handled by an agent, the agent's identity proof must also be submitted (if the agent is an organization, the identity proof of the handling personnel is required), along with a written authorization from the vehicle owner; the vehicle registration certificate; original copies of the principal contract and mortgage contract legally signed by the vehicle owner and the mortgagee. Below is relevant information: Usage rights: The buyer only has the right to use the vehicle, not ownership. After the vehicle is mortgaged, it temporarily belongs to the lending institution. Without a mortgage release agreement, the vehicle cannot be transferred even if purchased. Precautions: A mortgaged vehicle must have a copy of the owner's ID card, the mortgage contract, the owner's fingerprint, the vehicle's driving license, and the vehicle itself. Purchase from a legitimate mortgaged vehicle trading website, and it is essential to conduct a thorough vehicle inspection before purchasing.