Why Can Encumbered Vehicles That Cannot Be Transferred Still Be Sold?
1 Answers
Encumbered vehicles that cannot be transferred are generally not allowed to be bought or sold, but some individuals still privately sell vehicles that cannot be transferred. Buyers should thoroughly inspect the relevant vehicle documentation when purchasing a car to avoid acquiring such vehicles. Introduction to Vehicle Transfer: Vehicle transfer refers to the change of ownership registration. When purchasing a used car, besides checking the vehicle condition, the most important step is completing the transfer procedures. Principle of Vehicle Transfer: Every vehicle has a fixed registration record, which primarily documents the owner's information, address, and relevant vehicle parameters. When issues exist with a vehicle—such as involvement in accidents, failure to undergo annual inspections, being stolen, or being smuggled—it cannot be transferred through normal procedures.