How do you know if the bank has a deposit or not?

Most people sooner or later think about buying a vehicle. Quite often the machine is purchased, which he calls "with hands". This is a logical step, if the money for a new car is simply not enough. However, do not forget that such a choice may conceal a lot of dangers in itself. In addition to the fact that the machine can be absolutely in a different technical state than previously stated, do not forget about the possibility of implementing transport that is in the form of collateral. In this case, the new owner can eventually simply remain with nothing. Therefore, in order not to lose, the process of choosing and acquiring a car must be approached with great responsibility. The first step and will be a comprehensive check by the future owner of the vehicle. Ways how to find out whether a car is in a mortgage or not, a few. You can use one of them, and, for peace of mind, apply them together.

Crediting on the security of movable and immovable property

In the case when transport is made through a special program, for example, with the help of a car loan, the bank can set an additional condition in which the borrower must provide his property as collateral. Such property can become even a new car. In this case, the passport of the transport itself will be in the bank or another financial institution until the obligations on the part of the borrower are fully met.

Do not forget about another version of the loan. This is the receipt of cash in a large amount. As a rule, this is an amount of one million rubles, which requires a collateral. Since today an individual approach to the client is the most urgent, it is required that the property as collateral may also be provided with a smaller loan amount.

The consequences of buying a car in encumbrance

Today, many car enthusiasts are concerned about the transparency of the transaction. Is it really so? What do you need to do and how to find out? If the car is secured, then it is not necessary to talk about the purity of the deal. And especially worth taking into account the fact that in the current economic situation, a vehicle is often the guarantor of a debt repayment for a financial institution.

Everyone who decides to buy a car from their hands should know that if there is no PTS in the provision of a document package, the owner of the transport has no right to perform any manipulation, especially the sale. However, some people manage to get a copy of this document and carry out illegal operations. If the transaction is still held, it means that all the debt obligations have passed to the new owner of the car.

It can be concluded that there are absolutely no barriers to the owner who has obligations for payments. If you think about it, it does not matter for a financial institution which person to take away a vehicle legally relying on it. In addition, the ignorance of the new owner that the transport is in the status of collateral does not absolve him from liability at all. As a rule, courts also enjoy this practice.

The only way that permits legislation is to formally negotiate the seller with the buyer and immediately inform him of all the nuances of the transaction. For example, a buyer can repay a debt in a bank, and in the event that there remains some financial difference, hand it to the seller as a balance. It should be understood that each buyer under the law is obliged to warn about the pledge of the property being sold. Otherwise, through the court you can try to recognize the transaction as invalid and return the money.

Signs of the lien car

In order to shield yourself from such a situation, the buyer should be aware of how to find out whether the car is pledged or not. Even before the transaction is over, it is worth paying attention to the signs that will help to "declassify" the encumbered car.

For example, if the car was designed as a purchase on credit, then each buyer will find in the CASCO an appropriate inscription about which bank provided the vehicle with insurance. Such a record will be present until the client of the bank pays all the transportation costs. This is the simplest version of how to find out if the machine is in pledge. Naturally, if there is such a record in the insurance policy, then the option of buying such a car immediately disappears. In addition, there are a number of other signs that may say that the car is a lien.

Incomplete package of documents

More often than not, in the process of concluding a knowingly illegal transaction, the seller refuses to provide a passport for the PTA. It is worth noting that if he provides a copy of the document, then this is not at all a reason to trust him, since such a fraud does not require much work. To do this, you can only send a request to the traffic police. Therefore, before buying a car, it is worth considering.

The seller used the vehicle suspiciously little time

As a rule, if a car is purchased with the help of a car loan, then on average each borrower will need at least three years to close the debt to the bank. Accordingly, if the car is in use by its owner, the probability that it is mortgaged increases several times.

The contents of the vehicle's documents external financial records

This is another option, how to find out the car is in credit or collateral. In some cases, a record of a commission may be found on the TCP. It should be noted right away that it should alert the buyer.

Excessively low price proposal

This fact should also push the buyer to certain thoughts. In fact, this moment can be attributed to any product, since if the cost is several times lower, it means that there are certain pitfalls. In addition, this fact suggests that the main task for the seller is not making a profit, but a desire to get rid of the car as quickly as possible.

A document showing the purchase of a car

It is worthwhile to be alert, if at the conclusion of the transaction there is no contract fixing the relationship of purchase and sale. After all, the contract must necessarily state the condition that the property that is acting as collateral is acquired.

How to correctly check the car: is it the subject of a mortgage?

To date, the legal transparency of a potential acquisition can be in several ways:

1. The first way how to find out whether a car is in a mortgage or not is an official Internet resource. Specifying the VIN number, you can track all information about the debt of collateral, if any. Typically, this is one of the fastest ways how to find out if the machine is in the bank's mortgage. However, it is important to understand that if there is absolutely no information on the site, it does not mean that the car is not burdened. It can be realized as collateral in the process of an informal transaction. In addition, the registration of such information is not at all an indispensable condition.
2. Visit the official resource, which was organized jointly by banking organizations involved in car loans. As in the first variant, only the VIN number of the car is entered. The whole operation through the Internet takes a minimum of time. Moreover, this is not only a way of knowing whether a car is in a mortgage or not. This way you can get additional information about the encumbrance of the car.
3. Check with the standard database of the traffic police. Unfortunately, it will not be able to give a specific answer to the question of whether the car is mortgaged. However, it can give confidence that he is not in hijacking and does not participate in any crime.

How not to fall into the hands of scammers?

When buying a car at hand, there are many dangers, so before planning a search for an appropriate offer, you need to create a memo, which questions you need most to pay attention to and how to find out whether the car is in a mortgage or not.

First of all, it is worthwhile to conduct a comprehensive vehicle inspection.

Also, the question of drafting a sales contract requires thorough consideration. It is important to check the correctness of its filling before signing, as this is the main key to ensure that in the future, quietly enjoy your acquisition. It is very important that the document contains the passport data of the seller and the buyer, all information about the subject of sale, including technical characteristics, the full value of the transaction, the date and place of the contract.

After indicating all the necessary items, you need to check that the signatures are from both sides: the seller and the buyer. It is important to ensure that when specifying the characteristics of the car, all information is indicated in strict accordance with the data specified in the TCP. No errors are allowed in this case.

In addition, it is very important that the contract stipulates that the vehicle does not participate in the mortgage-property issue. But you can not trust the seller. The buyer should know all the ways of how to find out whether the car is pledged. But still, if it turns out that the transportation is the fulfillment of obligations on the part of the old owner, and this condition was specified in the contract, then in that case there is a chance to recognize the transaction as invalid through the court. The seller will have to return the entire amount of money to the buyer. As a rule, if the seller understands that his fraud was not successful, then the case may not even reach the court.

However, additional expenses, nerves and search for a qualified specialist in the legal field can all be avoided if you make a maximum effort and find out all the information about the purchased product, learn how to find out if the machine is pledged to the bank or not, and check the object of purchase for Purity of the transaction.