What is the difference between a mortgaged vehicle with a title and one without?

[LeonardoFitz]

The difference between a mortgaged vehicle with a title and one without lies in the fact that having the title can prove that the vehicle no longer has any financial disputes. The specific differences between the two: Having the title can prove that the vehicle no longer has any financial disputes. However, the nature of other mortgaged vehicles remains unchanged—they are still not registered under the user's name and cannot be transferred. Materials required for vehicle mortgage registration: 'Motor Vehicle Mortgage/Pawn Registration Application Form'; original and photocopy of the identity documents of the vehicle owner and the mortgagee; if handled by an agent, the original and photocopy of the agent's identity document and a written authorization from the vehicle owner must also be submitted; the vehicle registration certificate; original copies of the main contract and mortgage contract signed between the mortgagor and mortgagee.