What does the impound status of a motor vehicle mean?

[McCora]

Vehicle impound status means that during the impound period, registration, modification, transfer, mortgage release, deregistration, and pledge release are prohibited. Common situations for vehicle impoundment include the following: Defaulting on bank payments: For vehicles purchased through installment payments, if bank payments are defaulted, the bank may apply to the court for debt collection, and the court will then issue an impound notice to the vehicle management office. At this point, all services, including vehicle inspection, will be prohibited. Hit-and-run accidents: If a vehicle is involved in a hit-and-run accident, the traffic police department may temporarily impound the vehicle until the accident is properly resolved. Illegal vehicles: If a vehicle is used for criminal activities or purchased with illicit funds, the public security bureau will impound it and prohibit all services, including inspection and transfer.