The vehicle registration certificate must be mortgaged in the 4s shop to get a loan. This is to prevent you from buying and selling vehicles during the loan period. Generally speaking, if most people borrow money to buy a car, the Great Green Paper will basically be mortgaged to lending institutions, even including car purchase invoices.

When a customer borrows money to buy a car, the Green Paper (Vehicle Registration Certificate) does need to be mortgaged, but it is not directly placed in the 4S shop, but in the auto consumer finance company or bank that handles the car loan.

Of course, the vehicle is actually mortgaged, but the vehicle is used with the owner, so it is necessary to put the Green Paper in the handling bank (auto consumer finance company) as a voucher, and the Green Paper will contain the vehicle mortgage registration information. The owner does not own the ownership of the vehicle during the car loan period, but only owns the right to use the vehicle.

As long as the car loan is paid off, the customer can go to the handling bank (auto consumption finance company) to handle the loan settlement procedures, handle the loan settlement certificate, and then get back the green copy of the mortgage. After getting the loan settlement certificate and green copy, the customer goes to the local vehicle management office to understand the mortgage procedures and cancel the vehicle mortgage registration. By then, the car will truly belong to the customer.

There is no time limit for vehicle release, and customers can handle it at any time. If they are not here, they can also entrust others to handle it. Some 4S stores also provide agency distribution services.

There are three kinds of loans.

Mortgage loan, secured loan and credit loan. At present, only a few banks provide credit loans to old customers with good credit. Mortgage and car loan are both mortgage loans.

Handling process of automobile loan:

1. First, the lender needs to prepare proof materials such as ID card, residence certificate, work certificate and loan purpose certificate, go to a bank, fill out an application form and fill out a contract.

2. Then, wait for the bank's pre-loan qualification investigation and approval. If the lender meets the loan conditions stipulated by the bank, the bank will inform the lender to fill out some loan forms. If the loan applied by the lender needs mortgage or guarantee, it is also necessary to sign a guarantee contract and a mortgage contract, and go through the mortgage registration procedures; If the loan is unsecured, there is no need to sign such a contract.

3. Secondly, banks issue loans to lenders. Generally, banks will lend money within 2 to 3 weeks or 1 month after the approval is completed, and the loan can be released within 1 day at the earliest.

4. Finally, the borrower will pay the down payment to the car dealer, and handle the car pick-up formalities with the passbook and the car pick-up note issued by the bank. Note: In the process of applying for personal automobile consumption loan, the applicant needs a copy of ID card, household registration book, marriage certificate, income certificate, bank statement, real estate license, etc.

Do you need a mortgage green paper to buy a car?

You need to mortgage a green book to buy a car. 1, the green paper refers to the motor vehicle registration certificate; 2. The motor vehicle registration certificate purchased by loan is converted into pledge registration; 3. After the loan is paid off, the lending institution will return the Green Paper.

The standards for buying a car with a loan are as follows: 1. According to the age standard, a person must be at least eighteen years old and have full capacity for civil conduct. 2. Applicants need a stable source of income or other assets that can be easily converted into cash, such as gold bars and bonds. The debt ratio should not be too high, generally not exceeding 50%. 3. The accumulated overdue records of the applicant in the past two years are no more than 6 times, and there is no overdue record that lasts for 3 times. 4. The valid residence identity document is a local resident or has a fixed residence.

After buying a car with a loan, does the Green Paper need a mortgage?

This is mainly because different places, different banks or lending institutions have different regulations.

Although many car loans require customers to mortgage the Green Paper (motor vehicle registration certificate), this is not absolute, mainly depending on the regulations of the loan handling bank or car company.

Some green papers can be placed directly in the hands of customers as long as the vehicles are registered as mortgages; What's more, because customers mortgage their vehicles directly in banks (car companies), there is no need to mortgage the Green Paper in banks (car companies).

In a word, it is good for everyone to do it according to the regulations of the loan handling bank or the auto financing company. If you don't need to mortgage the Green Paper in the bank (auto financing company), you can continue to keep the Green Paper in your own hands after applying for a car loan.

The role of the Great Green Paper:

"Motor Vehicle Registration Certificate" is the household registration book of vehicles, which is also commonly known as the "green book", because it is really green. If you need to buy a car by stages, you need to mortgage the motor vehicle registration certificate, which is also commonly known as the Green Paper.

In addition to the big green paper, there are of course small green papers, which generally refer to tax payment certificates. This means paying taxes after buying a car. After paying all the money such as travel tax, the tax authorities will issue a tax payment certificate with information such as vehicle number and tax amount, which can be declared and paid by themselves or paid by the insurance company when purchasing compulsory insurance.