How do I sell my car under mortgage? How to sell a mortgage car urgently

If you want to know how to sell a mortgage car, you must first understand the process of buying a car with a mortgage. The first step in selling a car with a mortgage is to choose a dealer who has a cooperative relationship with the bank. Today's car dealers generally have this qualification.

The second step is to sign a car purchase contract, stating the payment method of the car price, taxes and insurance premiums, and clearly stating the proportion of the mortgage. The second step is to fill out the loan application form at the dealer and the relevant banking department, indicating the loan amount and term. You need to prepare your ID card, marriage certificate and other identification documents.

In fact, you have to go to the bank to sign this and check the loan amount with the bank staff. Anyone who has had car loan experience knows that if you choose to take out a loan to buy a car, whether it is a loan from a small or medium-sized loan company that is a bank loan, you are actually mortgaging the car to the lending institution. The lender does not have a title to the car, and how to mortgage the car becomes a problem.

Since the loan applicant does not have the property right of the car and cannot apply for household registration, he cannot ** his own car. So how do you sell a mortgage car? At the end of the day, you can't sell your car until you cancel your mortgage registration.

Then some people who apply for a car loan find themselves unable to make a perfect loan. The task is to sell your car. What should you do?

There are still some workarounds. For example, the lender can pay off the bank loan first and then contact the mortgage procedures so that you can sell the car. Secondly, for the mortgage car that has been handed over to you, the ownership of the car has naturally changed.

By the time you want to sell your mortgaged car, it will be legally a second-hand car transfer. In addition to following the general process of second-hand car transfer, your mortgage car must first settle your pre-account account. Only then can your mortgage car be sold and recognized by the law.

When you settle the account owed to the bank, the bank will stamp and confirm the cancellation of your previous mortgage procedures, hand over your registration certificate and other relevant documents back to your parents, and let you go to the DMV to cancel the mortgage, because your mortgaged car has been mortgaged to the bank before. After the mortgage is cancelled, the deposit paid before will be refunded in full, no more, no less, do the math, dear. At this point, you can re-mortgage the car by following the regular used car transfer procedure.

The process is as follows: (1) Provide the original ID cards of the buyer and the seller and their copies. If one of them is a company, the original and a copy of the ID card are required.

2) Application form for registration, transfer, cancellation and transfer of motor vehicles. (3) The registration certificate and exercise certificate of the vehicle. (4) The original and copy of the original invoice for the purchase of the vehicle.

Mortgage cars cannot be transferred, but they are legally allowed to be bought and sold. The mortgage car is actually a loan car, and we do not have the ownership of the vehicle during the loan repayment period, and the ownership of the vehicle temporarily belongs to the mortgage unit. The lender only has the right to use the vehicle, so it cannot be transferred.

However, if you want to buy a mortgage car, you can also do it, and the purchase and sale of a mortgage car is actually a transfer of creditor's rights.

How to legally ** mortgage car in hand:

Method 1: You can contact the seller first, and then negotiate with the seller to let the seller advance the remaining loan, and then go to the bank to get back the motor vehicle registration certificate, vehicle certificate, and car purchase contract, and then drive to the vehicle management office for vehicle transfer. This method is the best way to ensure the rights of both the buyer and the seller.

It's just that there are still a few people who need to find people who are willing to buy cars in this way, but the sales are higher than other methods.

Method 2: 1. Go to the bank with the seller to handle the transfer agreement, you need to provide the original and copy of your valid ID card, vehicle mortgage contract, driving license, fingerprints and signature.

2. The vehicle must be legal, and valid information can be found on the system.

3. The new owner can then take the driving license to the insurance agency to buy insurance.

4. The mortgage car is generally very low, and it needs to be carefully considered before buying and selling.

When selling a car with a mortgage, it is necessary to choose a dealer who has a cooperative relationship with the bank, and now car dealers generally have this qualification, and they must sign a car purchase contract, which states the price of the car, taxes and insurance premiumsPayment Methods, but also write clearly how many percent of the mortgage is made.

Fill out the loan application form at the dealer and the relevant banking department, indicate the loan amount and term, and prepare your ID card.

Marriage certificate and other identity documents, in fact, this must go to the bank to sign, and check the amount of the loan with the bank staff.

Precautions for buying a car with a loan.

Borrowers should measure whether they are suitable for a loan to buy a car according to their own income, because after taking out a loan to buy a car, the borrower must repay the loan on time and in full every month, in addition, there is also a certain amount of parking fees, maintenance fees, insurance and other expenses, so the pressure of life will increase, and it is difficult to maintain if you do not have a stable high income.

During the loan application period, the car buyer shall deposit a down payment not less than the down payment prescribed by the bank in the account of the bank savings counter, and provide the bank with a guarantee approved by the bank. If the personal account of the car buyer is not local, a joint and several liability guarantee should also be provided.

Banks do not accept mortgages placed by car buyers on the vehicles purchased with loans.

2018-12-18 18:09:13 3214 0 Invite 6158

If the vehicle is still in the mortgage, there is no way**, because the ownership of the car at this time is in the lender's place, and you can only wait for the arrears to be paid off. When the vehicle is mortgaged, the owner can use the vehicle, but there is no way to transfer the ownership when the mortgage release procedure is not completed.

To apply for a car mortgage release, you need to bring your ID card and motor vehicle registration certificate to the car purchase office after paying off the arrears, and the staff of the 4S store will verify whether the car payment is paid off, and after verification, you will show the personal car loan settlement certificate, power of attorney, a copy of the business license of the car company, and the motor vehicle mortgage registration form. The official seal of all materials should be the original seal, color printing or scanning is invalid, and all materials cannot be altered, otherwise it is also invalid.

The owner needs to fill in the motor vehicle mortgage registration form, and then go to the vehicle management office to handle it (pay attention to the loan settlement certificate must be obtained), submit the materials first, and then the staff will print the words on the registration certificate to release the mortgage, so that even if the handling is completed, if these procedures are not handled, then the property rights of the motor vehicle are still not owned by the owner.

Hello: There is still a loan for the car can not be sold. Vehicle Ownership:

Before the loan for buying a car is paid off, the ownership belongs to the lending bank; The right to use the vehicle: the right to use belongs to the buyer; Insurance beneficiary: The beneficiary of the loan to buy a car is a bank or car dealer; Therefore, until the loan is repaid, the title to the vehicle cannot be obtained, and the sale cannot be carried out.

That is, the loan is still missing, and the car is still in a mortgage state, just like the mortgage house, the loan has not been repaid, and you have no right to dispose of this thing, because the right holder is the institution that lends to you. If you want to sell, you must first settle the loan, go through the procedures for releasing the mortgage, and return the car to your name before you can buy and sell the transaction. Its impact is:

One is to affect my credit history in the bank, some banks will not issue loans, and some banks will issue loans but higher than others. If you fail to repay the principal and interest on time for more than 3 consecutive or cumulative times, you will have to repay all the remaining loans at once, and if you have no deposit, you will have to recover the car and continue to retain the right of recourse. When the car is paid in installments, the car can be fully regarded as my property.

The car owner has already mortgaged the car to the bank when he took out the loan. If the court enforces it, the car can be auctioned and the rest of the bank can be repaid to the plaintiff. Second, if the car owner wants to sell the car, if the transaction of the vehicle is less than the loan balance, the seller is required to repay the loan until the balance is the same as the car seat.

If the loan is less than the price of the car, you will have to give the difference between the price of the car and the loan to the seller. To put it simply, the two sides will first refund more and make up for less. Then the owner of the car goes to the bank to make a commitment, or replenishes the collateral according to the bank's requirements.

The owner of the car shall return the loan according to the bank's requirements.

Summary. 1. You can directly bring a mortgage**; 2. After repaying the remaining loan of the vehicle and the mortgage of the vehicle, the vehicle will be released. The method with mortgage ** requires the consent of the mortgagee, that is, the consent of the vehicle lender needs to be provided, and the transaction transfer and new mortgage registration are handled at the same time, after which the new owner needs to continue to repay the vehicle loan.

The way to repay the remaining loan of the vehicle after the mortgage is released is to settle the vehicle loan, the mortgage registration is released, and the transaction transfer can be completed directly.

1. You can directly bring the mortgage out of the Cong Jin family for sale; 2. After repaying the remaining loan of the vehicle and releasing the mortgage of the vehicle, it will be re-mortgaged. The method with mortgage ** requires the consent of the mortgagee, that is, the consent of the vehicle lender needs to be provided, and the transaction transfer and new mortgage registration are handled at the same time, after which the new owner needs to continue to repay the vehicle loan. The way to repay the remaining loan of the vehicle after the mortgage is released is to settle the vehicle loan, the mortgage registration is released, and the transaction transfer can be completed directly.

According to the Order of the Ministry of Public Security of the People's Republic of China, No. 164, from May 1, 2022, Article 26 of the "Registration Regulations for Motorized Vehicles" implemented by Zhibi shall apply for transfer of registration, and the owner of the current motor vehicle shall submit the motor vehicle for inspection.

Negotiate with the loan company: If you need to sell the vehicle as soon as possible, you can negotiate with the loan company to see if they can offer some flexible repayment options or if you can transfer the loan to a new owner. 2.

Loan Transfer: If the lender agrees, the loan transfer can be registered to the new owner, who will continue to pay the loan until the end and you will reclaim ownership of the vehicle. This option requires contacting the lending institution to determine the conditions and obtain consent.

3.Upfront payment: If you can find a buyer who actually wants to buy the car, but they don't have enough cash to pay, you may want to consider upfront some or all of the car for them to be able to make a deal.

4.Sell to a car dealer: Although the price is lower than the market price, selling the vehicle to a car dealer may be the fastest way to do it.

You'll need to contact a nearby car dealer and find out if they're interested in buying a vehicle. In addition, car dealerships that specialize in used cars can also be considered. It is important to keep in mind that for the seller of the loaned vehicle, the unpaid payment may be a hindrance to the closing.

Before choosing to sell a car in starvation, it is best to communicate with the bank or lending institution to understand all the rules and restrictions. <>