After the car is mortgaged, the loan is usually completed within one week. Since the loan has been approved before, the loan speed is relatively fast after the user signs the car loan contract and handles the car loan. Especially, if you choose auto financing loan, because the manufacturer directly lends money to users, the lending speed is faster than bank auto loan, and it can be completed in 1-3 days. Therefore, as long as the car loan passes, users do not need to worry about the loan time. Car loan is different from mortgage, and the lending speed of car loan is relatively fast. Automobile mortgage is a loan obtained from a financial institution or an auto loan company with the borrower's or a third party's car or self-purchased car as collateral. Car-secured loans are mainly for quick capital turnover. (Of course, cars depreciate rapidly, and traffic accidents have a high probability of affecting the value of vehicles. There are relatively few ways for financial institutions to issue loans with cars as a single mortgage, and the general loan evaluation price is 5-8 fold. Suppose that the conditions and materials required for applying for car loan service by car mortgage are: 1. Have a stable job and the applicant has the ownership of the local mortgaged vehicle. 2 proof of long-term residence and work, occupation and economic income in this city. 3. Motor vehicle registration certificate, driving license, additional proof of purchase tax (original) and car purchase invoice. 4. Insurance policies, travel taxes and tax vouchers for imported vehicles. 5. Identity card (temporary residence permit provided by non-local registered customers or residence permit within the validity period) 6. Other documents and materials required by the Cooperation Organization. Domestic banks generally do not provide car mortgage services, and such services generally require private professional credit institutions to apply. For example, automobile mortgage Service is a short-term microfinance service for small businesses, individual merchants and entrepreneurs. "Car loan" is divided into two forms: car loan and car loan. Escort: Give the vehicle to the company for safekeeping. There is a special parking lot for vehicles, and there is a special person to look after them 24 hours a day, and the vehicles light up regularly. Don't want a car: customers can choose to only go through the formalities with the company, and the car or their own use needs mortgage registration. The loan business is flexible and fast, and the amount can generally reach 70%-80% of the assessed amount. Generally, the loan can be released on the same day when the formalities are complete. Mandatory requirements for vehicle mortgage loan: vehicles under my name, vehicles with full payment, vehicles with complete procedures and within the service life. You can mortgage a used car, but the conditions are very strict. In fact, it's almost the same as not being able to mortgage. Although many banks do not refuse second-hand mortgages, there are many conditions. They must provide proof of intention to buy a car, vehicle evaluation, seller's vehicle title certificate and motor vehicle annual inspection certificate, and the eligible loan amount shall not exceed 50% of the total vehicle price. Some banks even said that to apply for second-hand mortgage loans, real estate must be used as collateral, otherwise even if these five conditions are met, they will not be approved.