Which status of a mortgaged vehicle is the safest?

[DeVincent]

Full payment with the original vehicle title, full payment without mortgage but missing the original title, full payment with the original title but not yet released from mortgage, full payment with the original title and a clearance certificate but not yet released from mortgage, and full payment with the original title but under seizure and not yet released from mortgage. These five statuses of mortgaged vehicles are the safest. Below are methods to check whether a vehicle is mortgaged: 1. Check the registration certificate: You can inspect the motor vehicle registration certificate for details about mortgage registration. If the last mortgage registration has been canceled, it means the vehicle's secured debt has been fulfilled, and it is no longer a mortgaged vehicle, making it safe to purchase. If the mortgage registration has not been canceled, the vehicle management office will not process the transfer procedures, and buying such a vehicle could pose risks. 2. Query at the vehicle management department: You can inquire at the vehicle management department, but this must be done by the vehicle owner. It is recommended to visit the vehicle management department together with the owner for the query. 3. Insurance company query: Insurance companies can also provide this information because the status of the vehicle affects the beneficiary of the auto insurance. If the vehicle is under a mortgage loan, the beneficiary would typically be the bank.