Must be mortgaged. If you need to buy a car by stages, you need to mortgage the motor vehicle registration certificate, which is also commonly known as the Green Paper. During the mortgage period, the Green Paper will be kept by the vehicle management office, and will be kept by the owner after decompression, so it is not necessary to carry it with you. If the driving license is the identity card of the car, then the motor vehicle registration certificate is the household registration book of the car, also called the "green book". Because it is really green. "Motor Vehicle Registration Certificate" is the legal certificate of vehicle ownership, which is kept by the vehicle owner and not carried with the vehicle. However, it is needed for any vehicle registration, such as vehicle registration and transfer. If you take out a loan to buy a car, you won't be the owner until you pay off the loan. What you want to mortgage is the motor vehicle registration certificate, which is kept by the vehicle management office. Million car purchase subsidy

2. Do I need to use the vehicle title certificate as collateral to buy a car?

You can buy a car with a loan, and you don't need a vehicle title certificate as collateral.

Application conditions for loan to buy a car

Conditions for applying for a loan:

First, People's Republic of China (PRC) citizens, or Hong Kong, Macao and Taiwan residents and foreigners who have lived in People's Republic of China (PRC) continuously for 1 year or more (including 1 year);

Second, it has valid identification, fixed detailed address and full capacity for civil conduct;

Third, personal legal assets with stable legal income or sufficient to repay the principal and interest of loans;

Fourth, personal credit is good;

Fifth, it can pay the down payment stipulated in these measures;

6. Other conditions required by the lender;

Seventh, at least 25-55 years old;

Eighth, have a stable work unit;

Tenth, have worked continuously in the current unit for 6 months.

Loan to buy a car

Now the way to buy a car by loan is mainly divided into:

First, customers can go directly to the bank for loans before buying a car;

Second, the customer first looks at the car at the car dealer and then applies for a loan through the dealer.

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Third, credit card installment business and so on. However, each loan method has its advantages and disadvantages, and consumers should choose according to their own actual situation when choosing.

3. Do I need to use the vehicle title certificate as collateral to buy a car?

You don't need to use the vehicle title certificate as collateral to buy a car.

Loan buyers must also meet the following conditions:

(1) The car buyer must be at least 18 years old and a citizen of China with full civil capacity.

(2) Car buyers must have a relatively stable job, a relatively stable economic income or assets that can be easily realized, in order to repay the loan principal and interest on schedule. Here generally refers to securities and gold and silver products.

(3) During the loan application period, the car buyer shall deposit no less than the bank deposit in the account of the bank savings counter.

(4) If the bank account is not in the local area, it should also provide joint and several liability guarantee, and the bank will not accept the car mortgage purchased by the car buyer with the loan.

(5) To apply for a car loan, you must go to a special dealer recognized by the bank to buy it.

(6) Car buyers are willing to accept other conditions deemed necessary by the bank.

4. What documents need to be mortgaged to the bank after buying a car with a loan?

Generally, mortgage documents are not needed to buy a car with a loan. In fact, you mortgaged your car to the bank.

Buying a car through a bank loan goes through the following process:

To apply for a car loan, you need to provide proof materials such as ID card, residence certificate, work certificate and loan purpose certificate. When you go to the bank, fill out an application form and a contract.

(2) The bank will review the car loan application materials after receiving them. If the lender meets the loan conditions stipulated by the bank, the bank will inform the lender to fill out some loan forms. If the loan applied by the lender needs mortgage or guarantee, it is also necessary to sign a guarantee contract and a mortgage contract, and go through the mortgage registration procedures; If so, there is no need to sign such a contract.

The bank decides whether to lend money to the applicant. Generally, banks will lend money within 2 to 3 weeks or 1 month after the approval is completed, and the loan can be released within 1 day at the earliest.

(4) After the borrower successfully handles the car loan, he only needs to pay the down payment to the car dealer, and go through the car pick-up formalities with the passbook and the car pick-up note issued by the bank.

Note: In the process of applying for personal automobile consumption loan, the applicant needs a copy of ID card, household registration book, marriage certificate, income certificate, bank statement, real estate license, etc.

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Matters needing attention in loan

1. When applying for a loan, the borrower makes a correct judgment on his economic strength and repayment ability according to the loan interest rate. Design a repayment plan according to your income level, leaving room appropriately, without affecting your normal life.

2. Choose the appropriate repayment method. There are two repayment methods: equal repayment and equal principal repayment. Once the repayment method is agreed in the contract, it shall not be changed during the whole loan period.

3. Repay on time every month to avoid penalty interest. From the month after the loan is initiated, it is generally the repayment date of the next month. Don't cause liquidated damages because of your negligence, so that banks can't apply for loans again.

4. Take good care of your contracts and IOUs, read the terms of the contracts carefully, and know your rights and obligations.