Who Owns the Vehicle After It's Declared a Total Loss?
1 Answers
Ownership remains with the vehicle owner. Below is relevant information regarding vehicle scrapping: Required materials for vehicle scrapping: Private vehicles require the owner's ID card; vehicle registration certificate; vehicle license plate; for company vehicles, an organization code certificate with official seal is needed; accident vehicles require supporting documentation. Mandatory scrapping after missing 3 consecutive annual inspections: According to the 'Mandatory Vehicle Scrapping Standards', if a vehicle fails to obtain an inspection compliance mark for 3 consecutive inspection cycles after the inspection validity period expires, it must be mandatorily scrapped. Driving a forcibly scrapped vehicle on the road will result in severe penalties for the driver, including fines and revocation of driving qualifications.