How to check the car for credit or collateral before buying: reliable ways

While the car is not under security, its owner can dispose of it as he pleases. But scammers are popular with the following scheme:

• take a loan;
• Make a duplicate of the PTS;
• sell a car;
• To leave.

As a result, the buyer risks remaining without a car, to which someone's debt can be repaid. From the article we learn how to check the car for credit or bail 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, the pledge is drawn up even when the purchase is made. But also sometimes the issuance of other loans implies the pledge of the vehicle.

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

However, to circumvent this point scammers do not cost anything. After all, there is simply no one base for vehicles that are under collateral.

And what about banks?

The question arises as to why banks do not fight such things. It's very simple. For them, it does not matter who gets the car, if the debt is not paid off. And if the buyer, when acquiring a vehicle, did not know that it is under a pledge, this does not relieve him of the probability of recovery in favor of the bank. Usually it 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 the car for a loan or a mortgage?

With an honest sale of the mortgaged car, they turn to a company that purchases such cars, having agreed with the prospective 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 the car is under a pledge? Indirect signs

Most ways of how to test a car for credit or bail are indirect. However, if all of them coincide in aggregate, it is possible with a high degree of probability to assume an available pledge on the property.

So, usually the following circumstances are suspicious.

1. Instead of the original in the transaction, the seller provides a duplicate of the title. Of course, even with the original PTA there is no guarantee that the car is not under security. Many banks do not require this document, but simply make a copy. After all, without it, you can easily sell a car with a duplicate. Therefore this measure no longer makes sense.
2. The car is sold for 3 years after purchase. This may indicate that he was bought on credit. After all, usually a loan for the purchase of a car is issued for a period of not more than three years.
3. Low price for this class of car, in perfect condition and with a small mileage.
4. The entry in the vehicle's passport that the car was bought 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 a contract does not guarantee the absence of fraudulent actions, since the car can be resold several times.

How to recognize that the car is under a pledge? Direct signs

There are also direct signs of a pledge.

So, this is indicated by a record in the seller's credit history. But there are simply no legitimate ways to check credit history today. Therefore, it is not always worthwhile to believe in illegal information. After all, even banks themselves sometimes can not find loans for a person to whom they are going to issue a pledge. 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 the car loan.

But, again, if there are no such direct signs, this does not mean that the machine is clean. How to check the car for a loan or a mortgage? After all, it can be laid not only in a banking institution, but also in a pawnshop, and even a private person. In this case, it is impossible to check the car for credit.

Reliable Ways: How to Check Vehicle for Security

From the theoretical point of view, of course, one can turn to all banks operating in Russia with a request: do they have such a car that is under a pledge. However, it is impossible to implement this procedure in practice. At the same time, the bank is not obligated to give out information about clients, it does not even have the right to disclose this information.

Of course, there is a need to create a single database of mortgaged vehicles. And such discussions have been going on for several years. But so far the situation remains unchanged.

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

There are companies that guarantee that after you check the car for a loan or a mortgage before buying from them, you can be sure of its free state. If they suggest checking the car for the traffic police bases, you know, it's a hoax. The motor licensing and inspection department does not keep a record of vehicles that are under security. Only the bank and the borrower know about it. Therefore, no one can give a 100% guarantee. And if this is promised by someone, then this indicates a deception.

What if the car is secured?

Certainly, when such a situation becomes clear, it is not pleasant from it. The conscientious buyer in most cases learns about the pledge only when the bank decides to recover the car for non-payment.

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

If the case is lost and the car is taken away, the buyer has the right to demand compensation of the paid money from the seller. Of course, we are not talking about negotiating with him. After all, it was not for the same fraudster that he arranged all this to give up money voluntarily at the end. And maybe he was going to pay the loan, and you would never have learned about its existence, but it was not possible to realize it. It is possible that the creditors have accumulated a lot, and will still have to wait for their turn.

Then the decision of the court can be made in favor of a bona fide buyer. The court will oblige you to return the money, but it's difficult to get them, even if you have a decision on your hands.

Usually, such sellers do not have any property from which to recover the foreclosure. Some, however, go in such situations to the same schemes, just selling a car. But this is rather an unscrupulous act and, of course, illegal. It is difficult to prove it, since the arrest warrant for the property must still reach the traffic police. And if they manage to keep within this period, then we can say that once a conscientious buyer turned into the same fraudster. And the last buyer, in turn, will acquire the right to claim money from the penultimate. He will have real chances in the event that he proves that his seller knew about the court's decision. However, if the mail worked as slowly as it had always been, then it would be impossible to prove that the seller knew about the encumbrance.

How not to become a victim of scammers?

So, by summarizing all of the above, how do you know if the car is in credit or not? Verification must be mandatory. After all, the buyer risks in this case much more than the seller. If there is an encumbrance, the buyer risks losing both money and his own vehicle.

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

• A loan in a bank is registered with a front person under the guarantee of the TS;
• Auto is put up for sale at a bargain price;
• Another two to three months the loan is repaid, and after that the proceeds are terminated;
• Investigative measures are initiated;
• It turns out the new owner of the vehicle, but also it can be withdrawn from the car.

Reliable verification

How to check the car for a loan or a mortgage? Reliable ways are:

1. If the car is insured for CASCO, check whether there is any evidence of the availability of the beneficiary.
2. Look at the very first contract: there it is indicated 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 specify the real value in the contract of sale. Then, if there is a trial, you will get a better chance of repaying the money completely.

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