It is not illegal for people to mortgage cars. Where a motor vehicle owner mortgages a motor vehicle, he shall apply for mortgage registration in dmv, the place of registration. The materials required for registration are as follows:

1, the identity certificates of the motor vehicle owner and mortgagee;

2. Motor vehicle registration certificate of motor vehicle owner;

3. The main contract and mortgage contract concluded by the motor vehicle owner and the mortgagee according to law.

Therefore, it is not illegal for people to mortgage cars. Where a motor vehicle owner mortgages a motor vehicle, he shall apply to the vehicle management office at the place of registration for mortgage registration. If the mortgage right is extinguished, it shall apply to the vehicle management office at the place of registration for cancellation of mortgage registration.

What are the procedures for handling mortgage car loans?

1. The lending institution receives the information provided by the applicant;

2. Visit the applicant's home, investigate and estimate the vehicle value;

3. The lending institution initially sets the loan amount;

4. Handling entrustment notarization and loan notarization;

5. The lending institution accepts the relevant documents of the applicant;

6. Go through the mortgage registration formalities;

7. loans.

Legal basis: Article 22 of the Regulations on Motor Vehicle Registration.

If the owner of a motor vehicle mortgages the motor vehicle, he shall apply to the vehicle management office at the place of registration for mortgage registration; If the mortgage right is extinguished, it shall apply to the vehicle management office at the place of registration for cancellation of mortgage registration.