Vehicle mortgage operation is vehicle mortgage loan, and the right to buy and sell a car is in the hands of the buyer first, and then mortgaged to the bank. If the car is bought by direct mortgage, the right to buy and sell the car is directly in the bank. Generally, mortgage cars are purchased by banks and dealers, with low loan interest and less repayment pressure.

Vehicle mortgage loan process:

1.

The lending institution receives the information provided by the applicant;

2.

Conduct home visits, investigate and evaluate the value of the applicant's vehicle;

3.

The lending institution initially reserves 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.

make a touch

Directly operate the mortgage car purchase process:

1.

The customer chooses a car at the bank's special dealer and signs a car purchase agreement or contract;

2.

The borrower applies to the loan bank for personal automobile mortgage;

3.

Sign the contract after investigation and consent;

4.

Go through the formalities of notarization and mortgage of automobiles;

5.

Lenders (banks) handle loans;

6.

After the loan is paid off, the lender (bank) cancels the pledge certificate and returns it to the customer.