Automobile mortgage is a loan obtained from a financial institution or an automobile consumption loan company with a borrower's or a third person's car or a self-purchased car as collateral. At present, the main purpose of loans secured by automobiles is automobile consumption. Of course, cars depreciate rapidly, and traffic accidents are likely to affect the value of vehicles. There are relatively few ways for financial institutions to issue loans with cars as a single mortgage. )

The value of car mortgage

1. Get cash flow quickly, and don't sell the car, so it will take a lot of time and cost to buy a car again when the money comes back.

2. Avoid the embarrassment of borrowing money from relatives and friends, and avoid others knowing that you are short of funds.

You don't need a local hukou, as long as the car is my own, you can get a mortgage.

You don't need to make an appointment for a long time, as long as it is a regular and legal car, you can get a loan, and you don't need any deposit in the early stage. As long as it is a legal car and a qualified car, the company will put an end to cars and license plates and assemble cars. If necessary, investigate and inspect the car or hand it over to the public security organ for handling.

5. Flexible, you can repay the car immediately when the funds are withdrawn, without penalty.

6. Get immediate cash flow. Suitable for not selling cars, short-term investment and short-term turnover. Because this society needs a car, and it feels good after using it, it is a waste of time and energy to sell it to get turnover.

7. The value of automobile mortgage without parking spaces is obvious. Take the "Easy Car Loan" launched by CreditEase as an example. In the "GPS mortgage loan service" of Easy Car Loan, the vehicle can continue to be used after the customer completes the mortgage formalities. 1) Free driving without stopping. 2) The procedure is simple, and it will be received on the same day. 3) Free choice of loan term and free and flexible repayment method. 4) The evaluation amount is high. 5) No pre-loan fee is required.

In China, banks generally do not provide automobile mortgage services, and it is generally necessary to find private professional credit institutions to apply for such services. For example, the "Easy Car Loan" service in automobile mortgage is a short-term microfinance service for small businesses, individual merchants and entrepreneurs. On 20 1 1 year, CreditEase Company launched the "Easy Car Loan" credit service, which has the advantages of high approval amount, flexible loan term, simple and fast procedures, no pre-loan fee and good service.

"Cheap car loan" is divided into two loan forms: parking car purchase and non-parking car purchase. Escort the car: give the car to Yixin, and Yixin will take care of it. CreditEase has a special parking lot for cars, which is watched by a special person 24 hours a day, and the cars are regularly ignited and preheated. Don't mortgage the car: customers can choose to just put the formalities in CreditEase, and the car is still for their own use, and they need to apply for mortgage registration. The loan business is flexible and fast, and the amount can generally reach 70-80% of the assessed amount. Generally, the loan can be released on the same day after the formalities are complete. Vehicle mortgage loan is a mandatory provision: a car under an individual's name, a full car, and a car during the service period.