Automobile qualification certificate can be used as a hidden rule of automobile sales industry for many years, which is the highlight and profit growth point of financial institutions' innovative financial financing model. However, in reality, the extensive development of this financing method is often accompanied by serious damage to the legitimate rights and interests of consumers who buy cars. Consumers buy cars for the benefit of banks, dealers and manufacturers. So, is the car license mortgage good?

Harmfulness analysis of automobile certificate mortgage loan

(1) Harm to Credit Banks

1, the mortgage is invalid, the protection of property rights is lost, and the loan risk is increased.

A credit bank and a guarantee company mistakenly think that controlling the automobile certificate is equal to controlling the automobile, and the legal effect of the certificate is equal to the effect of automobile mortgage. After a credit bank signs a mortgage contract with an automobile dealer or manufacturer, it makes a loan (or a bank acceptance bill). If the automobile dealer breaks his promise or has a major change in his business, the mortgage of the automobile certificate is invalid. Credit banks and guarantee companies only hold waste paper, which can neither realize their creditor's rights nor realize the mortgage of automobile certificate.

2. The supervision of the warehouse administrator is out of control, and the loss of supervised vehicles causes loan losses.

In order to control risks and ensure the safety of loans, some banks or guarantee companies are still mortgaging automobile certificates, and at the same time, they also bring the automobile in kind into their own supervision scope, pay close attention to the sales behavior of automobile dealers at any time, and supervise the dealers to repay on time. In order to facilitate the storage and supervision, and to make the car sales in car shops easy, banks and guarantee companies generally entrust 4S stores and warehouse companies to possess or control cars. Auto shops can also pick up cars within a certain amount and quantity, or exchange goods with deposits. Under the supervision of the third party, although banks and guarantee companies have signed detailed vehicle supervision agreements with them, there are credit risks, operational risks and moral risks of warehouse companies. If the third party fails to supervise or colludes maliciously with the car dealers, the supervised cars will be transferred or sold without authorization, and the possibility of loan loss is very high.

(2) Harm to consumers

Mortgage loan with automobile certificate is the most direct and serious harm to consumers.