1. The vehicle age is less than 6 years;

2. The number of kilometers is within 1, kilometers;

3. Non-operating vehicles with less than nine seats;

4. a car in a person's name.

Procedures required for mortgage loan of vehicles:

1. Have a stable occupation, and the applicant has the ownership of local mortgaged vehicles.

2. proof of long-term residence and work in the city, occupation and economic income.

3. Motor vehicle registration certificate, driving license, purchase additional tax certificate (original) and car purchase invoice.

4. Insurance policy, vehicle and vessel tax, and relevant tax certificates for imported vehicles.

5. Original ID card, household registration book or other valid residence certificate, and provide its copy.

6. Other documents required by the cooperative organization.

The above are the procedures that need to be submitted when the vehicle is used as collateral, and the procedures are as follows:

1. The lending institution receives the information provided by the applicant;

2. conduct home visits, surveys and estimate the value of the vehicle to the applicant;

3. The lending institution preliminarily reserves the loan amount;

4. handle the entrusted notarization;

5. Relevant documents for the loan institution to take the applicant into custody;

6. Lending by lending institutions.