However, "non-mortgage registration" cannot completely guarantee that the vehicle has no legal problems or other forms of debts. Therefore, before buying a used car, it is best to check the detailed history of the vehicle through official channels, including but not limited to accident history, maintenance records and whether there are any pending lawsuits or debts.
In short, there is usually no legal problem for vehicles registered without mortgage, but it is still recommended to conduct a thorough background check before buying a car to ensure that there are no other potential problems in the vehicle.
I hope the above content can help you. Please consult a professional lawyer if you have any other questions.
Legal basis: Article 403 of the Civil Code of People's Republic of China (PRC).
If chattels are used as collateral, the mortgage right shall be established when the mortgage contract takes effect; Without registration, you may not be able to fight well-intentioned third parties.
Article 4 16
The principal creditor's right of chattel mortgage guarantee is the price of collateral. If the mortgage registration is handled within 10 days after the delivery of the subject matter, the mortgagee has priority over other security interests holders of the mortgage buyer, except the lien holder.