Legal analysis: installment payment has become a consumption trend in modern society. Buying a car by installment, which we are familiar with, is actually a way of buying and selling with ownership reservation, after the buyer pays off all the car money. The ownership of the vehicle will be transferred to the buyer, so a traffic accident happened before the loan was paid off, and the Supreme People's Court gave a clear reply in the form of reply. Because the car buyer has not obtained the ownership of the vehicle, but he is the actual controller of the vehicle, if a traffic accident occurs in the process, the car buyer should bear the liability for damages.

Legal basis: Article 22 of the Provisions on Procedures for Handling Road Traffic Accidents. If the parties reach an agreement through consultation, they can pay the road traffic accident compensation in the following ways: (1) The parties themselves pay compensation; (two) to claim compensation for losses from the insured insurance company or the road traffic accident insurance claim service place. If the parties still fail to perform after reaching an agreement through consultation, they may apply to the People's Mediation Committee for mediation or bring a civil lawsuit to the People's Court.