Basically, 4S stores will open a bank to collect cars through bank loans, and then after the car is taken back, the bank will take something from the car as collateral, and consumers will take back the collateral after buying a car. It takes formalities and time to lift the mortgage.

You can also borrow money to buy a car at the auto show, but generally there will be no great discount, and the discount for buying a car in full will be much greater.

The mortgage car of the mortgage bank is the car purchased by mortgage. Due to the owner's personal reasons, after the car was pledged to the finance company, the loan could not be returned as scheduled, and the car was transferred to a third party by the finance company in the form of creditor's rights transfer. The owner still owns the car, the bank has the mortgage, and the transferee only has the right to use and keep the car.