Credit cooperatives and banks are state-owned financial institutions, and neither can apply for car mortgage. Automobile mortgage business, it is recommended to directly find a local formal lending institution.

2. Can the car be mortgaged in the bank?

1, you can apply for mortgage loan. As long as your car is purchased in a formal way, you can submit an application for car mortgage to the bank to solve the capital demand.

2. Auto mortgage means that the borrower or the third party takes a car or car as collateral to obtain a loan from a financial institution or an auto loan company. At present, the main purpose of loans secured by automobiles is automobile consumption. Of course, cars depreciate quickly, 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.

3. According to the provisions of the Property Law, the registration system shall be implemented when real estate and related rights are mortgaged, while the registration system shall be implemented when movable property such as production equipment and means of transport are mortgaged. According to this regulation, automobile mortgage is registered against the system, and failure to register will not affect the validity of the contract.

4. The Guarantee Law stipulates that the vehicle mortgage registration takes effect, that is, the mortgage contract takes effect from the date of registration. However, according to the principle that the new law is superior to the old law, Article 178 of the Property Law stipulates that if the Guarantee Law is inconsistent with this law, this law shall apply. Therefore, the vehicle mortgage will take legal effect as long as the contract is signed.

Third, can vehicles be used as mortgage loans?

Yes, you can. Although most banks don't handle automobile mortgage business now, pawn shops and auto loan financial institutions can still handle automobile mortgage. Whether it's a full car or a mortgage car, you can apply for automobile mortgage. Now there are various ways in automobile mortgage. You can choose a car loan or a mortgage loan. The process is also simple, and the speed of getting money is faster.

4. Can a car be used as a mortgage?

The car loan is determined according to the existing situation of the vehicle, such as the old and new degree of the vehicle and the driving performance. You also need to go to a professional evaluation unit for evaluation. Generally, a new car can achieve 70% of the vehicle. But if it is a household, it is estimated that it can be about 30% to 40%. In addition to bank loans, you can also find a pawn company, but the interest rate is higher than the current bank interest rate.