Loan to sell a car, the mortgage is a big book (registration certificate), not a mortgage policy;

Moreover, most of them are mortgaged in lending institutions, and they just go to the vehicle management office to register, which is likely to be the registration that cannot be transferred;

Get your insurance policy back at once. No one mortgaged it. What if you're not out of danger? I don't even have vouchers. Did you buy it?

Second, why should a bank loan to buy a car go to the vehicle management office as a mortgage? Why did the bank say that the driving license is still my name and the bank took the green notebook?

Buying a car and getting a bank loan requires mortgage procedures, and you can only go to the vehicle management office.

The car buyer borrows money to buy a car, pays the down payment, and after handling the car loan, all the car purchase materials are ready, and the driving license and vehicle-related procedures can be handled. The name of the car buyer is written on the driving license.

The Green Paper is a vehicle registration certificate. Because the vehicle is a mortgage car bought by a bank loan, the bank, as a creditor, needs to keep the Green Paper and return it to the buyer, that is, the lender, when the remaining loan of the vehicle is settled.

Extended data

Attention problem

1, hidden expenses need to be known in advance: when booking a car, ask clearly about the expenses included in the total price and whether there are other hidden expenses, such as new car inspection fees and outbound fees. And also pay attention to whether the loan contract is provided by the bank, so it is troublesome to use the hands-free car.

2. Car insurance by installment: If you choose to buy a car by installment with a credit card, the general car dealer will ask the designated insurance company to handle the car insurance for a specified period of time, and consumers should pay attention to whether the car insurance price is acceptable.

3. Oral agreement is not guaranteed: unless you buy a car in full, you can't get the full discount of other forms of loans to buy a car in full. Car dealers often promise various benefits verbally, but the promises that don't fall on the pen are all on paper. In order to avoid future problems, consumers need to consider when choosing a car loan method.

4. The loan amount should be clear: generally speaking, with personal credit or joint liability guarantee, the maximum loan can be 200,000 yuan; Apply for mortgage with the purchased vehicle or real estate, and the loanable amount is 70%; If a third party applies for secured loans (except banks and insurance companies), the loanable amount is 60%.

5. Repayment methods should be understood: Banks generally provide users who apply for personal car loans with two repayment methods: equal principal and interest and average capital. Among them, the total interest paid by equal principal and interest is relatively large, but the repayment amount in each period is the same, and the repayment pressure is relatively balanced; The repayment amount of each period in the average capital is gradually decreasing. Although the total amount of interest expenditure is less than the equal amount of principal and interest, the amount of repayment in the early stage is large, so think twice about whether it can bear it.