Legal analysis: if the mortgagee's bank agrees, the car can be sold, and the sold gold and silver bank enjoys the priority of compensation. If the mortgagee violates the law, it shall be deemed invalid, restored to its original state, and compensate for the losses caused thereby. Car loan refers to the loan issued by the lender to the borrower who applies for buying a car. Automobile consumption loan is a new loan method that banks issue RMB-guaranteed loans to car buyers who buy cars at special dealers. The interest rate of automobile consumption loan refers to the ratio of the loan amount to the principal issued by the bank to the consumer, that is, the borrower, to buy his own car (non-profit family car or commercial car with less than 7 seats). The higher the interest rate, the greater the repayment amount of consumers.

Legal basis: Article 20 of the Measures for the Administration of Automobile Consumption Loans: If the borrower is under any of the following circumstances, the lender has the right to investigate the borrower's liability for breach of contract according to the relevant provisions of the General Rules for Loans of the People's Bank of China:

(1) The borrower fails to repay the loan principal and interest on schedule;

(2) The borrower has provided false documents or materials to conceal important facts, which has caused or may cause loan losses;

(3) Failing to use the loan or misappropriate the loan as stipulated in the contract;

(4) Borrowing money from each other to obtain illegal income;

(5) Without the consent of the lender, the borrower dismantles, sells, transfers, donates or repeatedly mortgages or pledges the property or rights with mortgage or pledge;

(six) the borrower refuses or obstructs the lender to supervise and inspect the use of the loan;

(7) The mortgaged or pledged property of the borrower is insufficient to repay the loan principal and interest, or the guarantor cannot repay the loan principal and interest due to unexpected circumstances, and the borrower fails to re-implement the mortgage, pledge or guarantee as required.