What does a fully paid seized vehicle mean?
3 Answers
Fully paid seized vehicle means that the creditor applies to the court to first preserve and seize the vehicle, and then decides its ownership. This type of vehicle cannot be purchased or transferred. The following are the reasons for seizure and precautions: Reasons for fully paid seizure: The main reason for vehicle seizure is the property preservation measures taken by the court based on the application of the parties, or the enforcement measures taken during the execution process. Fully paid seized vehicles cannot be traded: Seized vehicles are legally seized, and during the validity period of the seizure, the vehicle cannot be bought, sold, transferred, mortgaged, or leased. For vehicles seized by the court, property transfer procedures cannot be processed. If processed, it is illegal and not protected by law.
I encountered this kind of fully-paid seized car issue right after buying a car, and it turned out to be quite unlucky. It means you paid in full for a car, but the original owner still had debts, so the court seized the car as collateral. Simply put, the car was impounded and couldn't be moved. At the time, I didn't check the records and paid the full amount to take the car. After a while, court officials came and said the car had to be confiscated, causing me to lose a large sum of money for nothing. From now on, before buying a car, I'll have to check the seizure records at the DMV and see if the vehicle's title is clean. If someone is in a hurry to sell and offers an unusually low price, it might be this kind of problematic car—be very careful not to get scammed. Don't think that paying in full means everything is fine; seized cars come with high risks.
Oh, when it comes to fully paid impounded vehicles, I think this matter needs to be clarified from a legal perspective. Impoundment means the court or creditors forcibly seize the car to prevent it from being transferred or sold. If the car is fully paid for and you purchase it by paying in full, but the original owner has debt disputes, the impoundment remains valid. I recommend checking the vehicle's status before buying or selling, such as looking up impoundment records on the Traffic Management 12123 app or verifying loan details at the bank. It’s common to see cases where owners lose tens of thousands of dollars in similar situations. Don’t just rush into signing a contract for a cheap price—make sure the contract clearly states a clause about the vehicle being free from impoundment. If you do encounter an impoundment issue, contact a lawyer immediately to negotiate a release and don’t delay, as it could affect driving safety.
