One is the loan, and the car is still yours. The payment cart already belongs to the bank.
2. What's the difference between a mortgage car and a mortgage car?
The biggest difference between these two cars is that the mortgage car has been mortgaged and cannot be transferred before the loan is paid off; However, the car debt cannot be repaid. If the car is used to offset the payment, the car can be transferred and the ownership of property rights can be changed.
The former is a car loan, and it must be repaid on time. After repayment, it is truly your own car; The latter can only collect cars without charge, and can turn them into their own.
Third, the difference between a mortgage car and a mortgage car.
The difference between a mortgaged car and a mortgaged car is as follows:
First, belong to different:
1, Mortgaged car According to the mortgage, the ownership of the car belongs to the mortgagor.
2. The ownership of the mortgage car belongs to the mortgagor himself, and the mortgagor does not transfer the property possession in principle.
Second, whether the vehicle still needs to repay the difference:
1. Generally speaking, a mortgage car must also repay a certain amount of loans to the mortgage house every month.
2. An unsecured car needs to repay the mortgaged house, because only my car can be mortgaged.
Third, the nature difference:
1. A mortgage car is a vehicle purchased by mortgage under the condition of insufficient purchasing power.
2. The mortgage car is a vehicle that mortgages the car when there is insufficient funds or need to turn around.
Extended data:
Article 22 of the Regulations on Motor Vehicle Registration clearly stipulates: "If a motor vehicle owner mortgages a motor vehicle, he shall apply to the vehicle management office at the place of registration for mortgage registration.
Hold the motor vehicle registration certificate, the identity certificate of the mortgagee and mortgagor → fill in the Application Form for Motor Vehicle Mortgage/Cancellation of Mortgage Registration, and affix the official seal of the unit to the relevant window for handling.