How To Know If A Car Is Repossessed?

Car Possession
Car Possession

An essential action on your part if you are going to buy a second-hand car is to check if it is repossessed or weighs any burden derived from the mismanagement of the previous owner. It is necessary to check if a car is repossessed because if this is neglected it will cause you way more complications then you could imagine. Thus, you must go to the General Directorate of Traffic closest to your location and carry out the following steps.

Steps to follow to check if a car is repossessed

Learn this sequence, especially if you are interested in acquiring a used or semi-new vehicle and the source is not very legitimate or you have no way of estimating its reliability. Save time, money, and be at the safe sight before you make your purchase.

1. Look at the license plate

Take note of the license plate of the car. Thanks to this identification you will be able to make the query in relation to it before the appropriate body.

2. Go to the General Directorate of Traffic Report

to the DGT Headquarters provided or provided with the registration number noted in the previous step and request a vehicle report. When you are at the window be sure to let the person in charge of assisting you to know your intention to check if there is an embargo on the car.

3. Comply with the payment of fees

before getting your report you must provide your national identity document and pay the fee stipulated for this type of administrative management, which is approximately € 8.

4. Check the rest of the data in the report

Once you have the requested report, you will be able to find out whether the car was repossessed or not. In addition, you will be able to obtain other data that can account for the seller’s intentions. You know, in certain cases the latter usually ignore certain details of the technical characterization of the vehicle and does not report the history of previous owners, so it will be very useful to know:

a) The owner of the car
b) All the technical data
c) List of owners prior to the current one
d) Administrative status
e) the Expiration date of the Technical Vehicle Inspection (ITV)
f) Other charges that the car may have

Alternative routes

Another body you can go to find out if a car is repossessed or not is the Registry of Movable Assets, the entity in charge of registering all the seizure orders that may be assigned to a product of the nature of a vehicle.

On the other hand, you can save yourself the always inopportune visit to the Traffic Headquarters thanks to the advantages of having Internet. Of course, to access this service electronically it will be necessary that you first obtain a digital certificate and that you have a debit or credit card or an account in a bank in your own name to be able to make the payment of the fees that we have cited before.

Ultimately, you choose one mode or another, the important thing is that you shed light on your future purchase since in some cases it can be a considerable investment. In addition, there are small charges that the current owner may ignore due to neglect that you should know in order to demand a reduction in the final purchase price in addition to such charges which are discussed at auto for trade. Very helpful yet time-saving information to help you out while purchasing a used car. It is possible that a creditor can seize your vehicle if you have not cleared your lease or loan amount.