1. What are the conditions for second-hand car mortgage loans?

Second-hand cars can be used as mortgage loans, but second-hand cars used as mortgage loans need to meet the following conditions:

1. The price of second-hand cars is limited to 80,000 to 500,000 yuan.

2. The age of second-hand cars cannot be too old. Generally, second-hand cars that are more than 3-5 years old cannot apply for loans. It depends on the bank's regulations.

3. In addition to car requirements, there are also requirements for applicants. Applicants for second-hand car mortgage loans should be within the age range specified by the bank and have good ability to repay principal and interest. When applying for a loan from a bank, you need to provide the bank with information that proves your ability to repay. At the same time, the borrower's credit report is good and no bad credit record can be left in the bank's credit report system.

2. Can used cars be used as loan mortgages?

No

3. Do second-hand car loans require a mortgage ID card?

Legal analysis: required. What documents are needed for a second-hand car mortgage loan: 1. Borrowing application; 2. Original ID card, household register or other valid residence documents, proof of income, including but not limited to income certificate issued by the unit, bank deposit certificate, credit card statement, tax payment Certificates, etc.; 4. Car purchase agreement signed with the seller, certificates or documents required for guarantee. 6. Proof that the down payment for the car has been paid.

Legal basis: Article 403 of the "People's Republic of China and Civil Code" If chattels are mortgaged, the mortgage right is established when the mortgage contract takes effect; without registration, it may not be used against a bona fide third party .

4. Can used cars be used for mortgage loans?

Used cars can be used for mortgage loans. There are two ways to apply for a used car mortgage. 1. Choose a loan directly when purchasing. 2. That is to purchase the vehicle directly and then use the vehicle registration certificate for mortgage loan.

What procedures cannot be performed during the period of motor vehicle mortgage loan

When applying for a motor vehicle mortgage loan, transfer procedures, transfer registration procedures, transfer procedures, and change filing procedures cannot be performed. It must be noted that the owner of a motor vehicle only has the right to use the vehicle, but not ownership.

What procedures need to be completed after the loan is completed?

After the motor vehicle loan is completed, the mortgage cancellation registration procedures must be completed. Mortgage cancellation procedures must be handled at the station management office or the traffic management department of the public security organ. When applying, you need to bring your motor vehicle driving license, motor vehicle registration certificate and motor vehicle owner’s ID card.