1. The validity period of vehicle mortgage is about five years. But if it is a mortgage, the time will be longer. It usually takes 1 to 5 working days to apply for a car mortgage loan. If the automobile mortgage guarantee has no specific validity period, the principal creditor's right and mortgage right are valid. If the mortgagee fails to claim the mortgage right after the limitation of action for principal creditor's rights, the mortgage right shall be extinguished.

2. Legal basis: Article 394th of the Civil Code of People's Republic of China (PRC).

In order to ensure the performance of the debt, if the debtor or a third party does not transfer the possession of the property and mortgages the property to the creditor, if the debtor fails to perform the due debt or realize the mortgage according to the agreement of the parties, the creditor has the right to be compensated in priority for the property. The debtor or the third party specified in the preceding paragraph is the mortgagor, the creditor is the mortgagee, and the property that provides guarantee is the mortgaged property.

2. What materials do you need to carry for car mortgage?

1, ID card, household registration book or other valid residence permit;

2. Proof of occupation and economic income;

3 car purchase agreement, contract or letter of intent signed with the dealer;

4, personal loan application, and provide relevant information to prove that it meets the loan conditions.

3. What conditions should an individual loan application meet?

1. The borrower is a People's Republic of China (PRC) citizen with full capacity for civil conduct or an overseas natural person who meets the relevant provisions of the state;

2. The purpose of the loan is clear and legal;

3. The loan application amount, term and currency are reasonable;

4. The borrower has the willingness and ability to repay;

5. The borrower's credit status is good and there is no significant bad credit record;

6. Other conditions required by the lender.