First, the conditions for applying for automobile mortgage
1. Generally speaking, the lender must be a China citizen who has reached the age of 18, has full capacity for civil conduct and has a fixed residence in China.
2 have a stable professional and economic income, and can guarantee to repay the loan principal and interest on a regular basis.
The lender needs to open a savings account in the loan bank.
4. Automobile mortgage can provide guarantee measures recognized by the loan bank.
5. Willing to accept the conditions stipulated by the loan bank.
2. What is the handling fee for car loan and mortgage?
The mortgage fee of car loan is also one of the fees that must be paid, because the ownership of the car belongs to the lending institution before the lender pays off the car loan, so the lending institution will go to the car management department to handle the change of car ownership, which is the Green Paper. The mortgage fee is the fee to be paid by the lender to the vehicle management department. Judging from the current market situation, the average mortgage cost of auto loans is around several hundred yuan. If the lender's vehicle price is relatively high and the loan amount is relatively large, the mortgage cost of vehicle loan may be relatively high, and the mortgage cost will also change according to different loan types. Vehicle mortgage registration is usually completed by intermediary agencies to assist borrowers, and the cost usually ranges from 200-700 yuan.
To sum up, automobile mortgage refers to a loan obtained from a financial institution or an automobile consumption loan company with a borrower's or a third party's car or a self-purchased car as collateral. Lenders use cars as collateral for loans, mainly for quick capital turnover. With the rapid depreciation of cars and traffic accidents affecting the value of cars, there are relatively few ways for financial institutions to issue loans with cars as a single mortgage.