What is the meaning of a 'Beihu Car'?
1 Answers
Beihu Car refers to a vehicle that continues to be driven under the original owner's name. Here is an introduction to Beihu Cars: 1. Meaning: A Beihu Car is a vehicle that cannot be transferred to a new owner. It is a completely normal car with all necessary documents, valid annual inspections, and insurance, but it cannot be legally transferred. 2. Reasons: The license plate registration location is too far away, making the transfer process costly; the car might be used as collateral for debt, possibly having been passed through multiple debt cycles; the original owner has passed away, and the vehicle has not been deregistered; in areas with license plate restrictions, the car and plate are transferred together; imported vehicles cannot be registered locally due to migration restrictions; some scammers may sell commercial vehicles converted to private use as Beihu Cars at low prices. 3. Caution: If the current owner flees after a traffic accident, the police will not investigate the current owner but will hold the original owner responsible; the original owner may have to bear medical expenses, nursing costs, and other compensations; in severe cases, they may even face legal consequences.