According to the law of vehicle mortgage loan in China, in the process of vehicle mortgage loan, the vehicle driving license needs to be pledged, while in the process of using bank loan or commercial loan, there is no need to pay the deposit. It is not normal to ask for a guarantee fee of 20,000 yuan, which is collected privately by the vehicle intermediary or mortgage institution.

It means that in the process of vehicle loan mortgage, as long as the vehicle certificate is mortgaged to the lender, the car borrower can still continue to use the car.