How to check a car for a loan or a guarantee before buying: reliable ways

As long as the car is not secured, its owner can dispose of it as he wishes. But the following scheme is popular among scammers:

• take a loan;
• duplicate TCP ;
• sell a car;
• to leave.

As a result, the buyer risks being left without a car that can be repaid by someone else's debt. From the article we learn how to check a car for a loan or a guarantee and not get caught in a network of scammers.

What can not be done with a car on bail?

With the help of collateral, credit payments are provided. Most often, a pledge is issued even when a purchase is made. But also sometimes the issuance of other loans involves a pledge of the vehicle.

When a pledge agreement is concluded, in most cases the bank is given a technical passport for storage as a guarantee that it will not dispose of this property.

However, getting around this item is not worth the fraudsters. After all, a single base for vehicles under collateral simply does not exist.

But what about banks?

The question is why banks are not struggling with such things. But very simple. It does not matter for them who will be taken away from the car if the debt is not paid off. And if the buyer, acquiring the vehicle, did not know that it was secured, this does not exempt him from the probability of recovery in favor of the bank. This usually happens: the seller does not pay the loan, the bank takes the car. Even if you go to court, the case usually ends in favor of the bank. Therefore, the question is not idle: how to check a car for a loan or a deposit?

With an honest sale of the mortgaged car, they turn to the company that deals with the purchase of such cars, having agreed with the future buyer that he will repay the loan, and the difference between the cost of the car and the loan amount will be returned to the seller.

How to recognize that a car is secured? Indirect signs

Most of the ways to check a car for credit or collateral are indirect. However, if all of them coincide in the aggregate, one can most likely assume the existing pledge on property.

So, the following circumstances are usually suspicious.

1. Instead of the original, the seller provides a duplicate title for the transaction. Of course, even with the original TCP, there is no guarantee that the car is not secured. Many banks do not require this document, but simply take a copy. After all, even without it, you can safely sell a car with a duplicate. Therefore, this measure no longer makes sense.
2. The car is sold within 3 years after purchase. This may indicate that he was bought on credit. After all, usually a loan to buy a car is issued for a period of not more than three years.
3. Low price for this class of car, which is in perfect condition and with low mileage.
4. The entry in the vehicle passport that the car was purchased under a commission agreement is a loan.
5. The seller can not provide documents that confirm the fact of buying a car. But even such an agreement does not guarantee the absence of fraudulent actions, as the car may be resold several times.

How to recognize that a car is secured? Direct symptoms

There are direct signs of a pledge.

So, this is indicated by an entry in the seller’s credit history. But there are simply no legal ways to check your credit history today. Therefore, it is not always worth believing in information obtained illegally. After all, even the banks themselves sometimes cannot find loans for the person to whom they are going to issue a security deposit. And the seller himself is unlikely to reveal the truth.

It happens that in the CASCO policy the bank is indicated as a beneficiary. This is information about a car loan.

But, again, if these direct signs are not there, this does not mean that the machine is clean. How to check a car for a loan or security deposit? After all, it can be incorporated not only in a banking institution, but also in a pawnshop, and even with a private person. In this case, it is impossible to check the car for a loan.

Reliable ways: how to check the vehicle for a pledge

From the point of view of theory, of course, you can contact all banks operating in the territory of Russia with a request: do they have such and such a car, which is on bail. However, to implement this procedure in practice is unrealistic. At the same time, the bank is not obligated to give out information about customers, it does not even have the right to disclose this data.

Of course, there is a need to create a single database of embedded machines. And such discussions have been ongoing for several years. But while the situation remains unchanged.

The most reliable way to check a car for credit is to apply for a paid car check to a dealership. But even in this case there will be no absolute certainty that the car is not burdened with debts. Their database of banks and centers does not include, without exception, all institutions of this type. But large centers, at least, guarantee that the car is not bought from them and their partners.

There are companies guaranteeing that after checking a car for a loan or a security deposit before buying from them, you can be sure of its free condition. If they offer to check the car on the basis of the traffic police, know this is a hoax. The STSI does not keep records of vehicles that are on bail. Only the bank and the borrower know about it. Therefore, no one can give a 100% guarantee. And if someone promises this, then this indicates a fraud.

What to do if a car is secured?

Of course, when such a situation emerges, it is not pleasant from her. A bona fide buyer in most cases finds out about a pledge only when the bank decides to collect a car for non-payment.

The first option that comes to mind is to sue. It may happen that you still manage to save the car. You can also challenge the arrest and continue to use movable property.

If the case is lost and the car is taken away, the buyer has the right to demand reimbursement of the funds paid from the seller. Of course, we are not talking about negotiating with him. After all, not for the same scammer arranged it all in order to give money voluntarily in the end. Or maybe he was going to pay the loan, and you would never know about its existence, but you could not realize it. It is possible that a lot of lenders have been accumulated, and we still have to wait in line.

Then a court decision can be made in favor of a bona fide buyer. The court will oblige the money to be returned, but getting it even with a decision in hand is difficult.

Typically, such sellers do not have any property from which a foreclosure could be obtained. Some, however, go to such schemes in such situations, just selling a car. But this is rather an unscrupulous act and, of course, illegal. It is difficult to prove it, since the decision to arrest the property still has to get to the traffic police. And if they manage to keep within this gap, then we can say that once a bona fide buyer turned into the same fraudster. And the last buyer, in turn, will acquire the right to claim money from the penultimate one. He will have real chances if he proves that his seller knew about the court decision. However, if the post office worked as slowly as always, then it is impossible to prove that the seller knew about the burden.

How to avoid becoming a victim of scammers?

So, summing up all of the above, how do you know if a car is on credit or not? Verification must be carried out necessarily. After all, the buyer risks in this case much more than the seller. If a burden is identified, the buyer risks losing both money and his own vehicle.

The fraud scheme is such that at first the buyer does not have any suspicions:

• a loan at the bank is issued to a front man under the collateral of the TS;
• cars for sale at a bargain price;
• another two to three months, the loan is repaid, and after this receipt is terminated;
• search measures are initiated;
• it turns out the new owner of the vehicle, but his car can be removed.

Reliable check

How to check a car for a loan or security deposit? Reliable methods are as follows:

1. If the car is insured by CASCO, check if there is data on the presence of the beneficiary.
2. Look at the very first contract: it indicates whether the vehicle was sold on credit or not.
3. It is desirable that there was an original TCP.
4. It is advisable to have payment documents when buying a car.

Conclusion

If you decide to buy a used car, be sure to indicate the real value in the contract of sale. Then, if there is a trial, you will get a better chance of a full refund.

Thus, today there is no 100% way to find out that the car is not in credit. Loans, however, can be recognized by indirect signs and it is better to refuse to purchase if there is a combination of them.