Nowadays, the sale of cars, which in essence still belong to the bank, is quite common, since they were bought with a car loan, and the loan has not yet been repaid. Negligent sellers are fraudsters (you will not call them otherwise), they make duplicates of PTS, because the originals are kept in the creditor bank, and they are trying to sell their cars. Having bought such a car, you will spend a lot of time to resolve issues with the bank, because it will be impossible to re-register this vehicle.

Buying a credit car without risk

The bona fide seller is obliged, upon the sale of the credit car, to publish an announcement of the sale, which will clearly indicate the value of the vehicle at the time of sale, the year of production and the exact amount of residual debt to the bank. After successful sale of the car, part of the amount received must be transferred to the bank to pay off the residual debt, and part will go to the seller.

In such a "fraud" the buyer can count on a good acquisition of new property. As a car, as a rule, it will cost an order of magnitude less than its market price, because the seller is most likely in a hurry to sell the car in order to close the loan more quickly.

After the valuation of the car and its inspection at the service station, the seller, together with the buyer, must arrive at the bank that credited the car. The seller must inform the bank that he intends to sell the credit car, and the bank in turn must state the amount of the remaining loan.

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After you need to draw up a contract of sale in which you must specify the full value of the car. The required amount must be paid to the bank, after which the former owner-borrower must receive a certificate stating that the debt is completely closed, and the creditor bank no longer has the right to make claims about the sale of the car. The future new owner transfers the remaining amount to the seller, the second in turn transfers TCP and other documents on the car to the buyer.

Extreme stage. The process of re-registration of a credit car, nothing is different from the registration of a new car. The new owner even has the right to retain the old registration numbers.

What is dangerous about buying a credit car?

Buying a mortgage car with a TCP duplicate may result in the following consequences for the new owner:

• the old owner ceases to pay the car loan, thereby the bank puts the car on the wanted list, after the car delays the DPS, it will certainly be confiscated;
• In this case, the new owner either pays the debt for the old owner, or loses the car at all. After all, the bank is exactly who will extinguish a car loan.

In this case, the new car owner can only rely on filing a lawsuit in a court for a careless seller, but there are no guarantees in this case that they will find it and collect all debts to the bank from it. Of course, the deal is likely to be recognized as “fake”, but similar cases are being considered for years, and it is necessary to pay the debt now, otherwise the vehicle can be sold by the bank.

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