There are two loan methods in automobile mortgage:

Mortgage car loan

Handling procedures: vehicle inspection procedures-vehicle inspection-home visit-vehicle mortgage registration in vehicle management office-signing loan agreement-withdrawing money on the day of loan.

This kind of loan is more convenient for customers. After all, the car can still be used by itself, but the interest will be slightly higher than that of the directly mortgaged car, depending on how you choose.

The second is automobile pledge loan.

The loan procedures for directly mortgaging vehicles will be simpler.

Handling procedures: vehicle inspection procedures-home visit-signing loan agreement-lending at that time.