Pacific Auto Network does not allow it. You can't transfer the car during the mortgage period. The reason is very simple, because when handling car loans, car property rights have been transferred to lending institutions. In the future, there will only be the right to use the car, not the right to dispose of it. Only after paying off all the loans, including the principal and interest, will the property right of the car be returned to us again. Therefore, the car cannot be transferred when mortgaged, let alone bought or sold.

Automobile mortgage processing flow:

1. Apply for a loan: the borrower fills in the loan application form and provides relevant information.

2. Loan review: After receiving the borrower's application and the materials that meet the requirements, the bank will review the credit standing, repayment ability and authenticity of the materials of the borrower and guarantor according to the regulations, and make a reply after the review.

3. Signing: After the bank approves the loan, the borrower goes through the following procedures:

(1) Banks sign loan contracts and guarantee contracts with borrowers, and go through notarization, mortgage registration, insurance and other related procedures.

(2) Lending: After the borrower completes the relevant procedures, China Merchants Bank will pay the loan to the borrower's personal account according to the borrower's entrustment and transfer the loan to the relevant payee's account.

(Photo/Text/Photo: Pacific Auto Network Lin Ying 1)