Which Platform is Used for Court Auction Vehicles?

[OKimberly]

Vehicles seized by public security traffic management departments and people's courts are auctioned on platforms such as Taobao's [Ali Auction·Judicial] and JD.com's [JD Judicial Auction]. Although these are judicial auctions, they are mostly conducted by outsourcing companies with little direct involvement from public security departments or courts, so certain precautions should be taken during the auction. Here is relevant information: Court Auction Vehicles: These are vehicles that courts auction after legally seizing or confiscating them. Such vehicles may belong to defendants who lack funds to repay debts, where the court inventories the defendant's assets at the plaintiff's request and seizes or confiscates the defendant's vehicle as per its authority. Alternatively, the vehicle might be a criminal tool confiscated by the court and subsequently auctioned. Mortgaged Vehicles: The most common type involved in judicial auctions is mortgaged vehicles. For these, after a successful auction, the vehicle is only released from court seizure. The buyer must handle the transfer procedures themselves, while the vehicle's registration certificate ("big green book") and spare keys usually remain with the mortgage company. In most cases, after a successful court auction, the mortgage company will be notified and will proactively contact the winning bidder, who only needs to sign some documents at the mortgage company.