What is a Second-hand Car with a Nominal Owner?

[Zane]

A second-hand car with a nominal owner refers to a used car purchased using someone else's ID card, making the ID holder the 'nominal owner.' Therefore, not all second-hand cars are nominal owner cars. Consequences of nominal owner cars: The agreement signed between the nominal owner and the buyer violates the law. Typically, nominal owner cars involve private agreements between buyers and sellers, with the vehicle still registered under the original owner's name. However, the person selling the car is often not the original owner, so such agreements have little legal effect. Because the 'nominal owner' has the right to sell or report the vehicle as lost, the car may become unregistered, and traffic police can legally impound it. In cases of traffic accidents, the perpetrator is primarily held responsible. If the perpetrator flees, the vehicle owner must compensate first, so being a nominal owner also carries significant risks. Models of nominal owner cars: There are two models of nominal owner cars. The first model is individual nominal ownership, where the original car is registered under an individual's name. The second model is company nominal ownership, where the original car is registered under a company's name.