When buying a car, both parties should have signed a car purchase agreement and read it carefully. However, according to the current situation, buying a car is not a bank loan, but a 4S shop to advance funds, which means that the 4S shop collects your interest. ?
Second, the process of handling mortgage car loan:
1. Choose a car at a special bank dealer and sign a car purchase agreement or contract;
2. The borrower applies to the loan bank for personal automobile mortgage;
3. Sign the contract with the consent of the investigation;
4. Go through the formalities of notarization and mortgage of automobiles;
5. Bank loans;
6. After the loan is paid off, the pledge certificate shall be cancelled and returned to the customer.
Extended data:
Motor vehicle registration regulations
Twenty-second motor vehicle owners who use motor vehicles as collateral shall apply for mortgage registration at the vehicle management office where they are registered; If the mortgage right is extinguished, it shall apply to the vehicle management office at the place of registration for cancellation of mortgage registration.
Article 23 To apply for mortgage registration, the motor vehicle owner shall fill in the application form, which shall be jointly applied by the motor vehicle owner and the mortgagee, and submit the following documents and vouchers:
(a) the identity certificate of the motor vehicle owner and the mortgagee;
(2) Motor vehicle registration certificate;
(three) the main contract and mortgage contract concluded by the motor vehicle owner and the mortgagee according to law.
The vehicle management office shall, within one day from the date of acceptance, review the submitted documents and vouchers, and annotate the contents and date of mortgage registration on the motor vehicle registration certificate.
Article 24 Apply for cancellation of mortgage registration
(a) the identity certificate of the motor vehicle owner and the mortgagee;
(2) Motor vehicle registration certificate.
If the people's court mediates, makes a judgment or orders to cancel the mortgage, the owner or mortgagee of the motor vehicle shall fill in the application form and submit the motor vehicle registration certificate, the effective mediation, ruling or judgment issued by the people's court, and the corresponding notice of assistance in execution.
The vehicle management office shall, within one day from the date of acceptance, review the submitted documents and vouchers, and annotate the contents and date of cancellation of mortgage registration on the motor vehicle registration certificate.
Baidu Encyclopedia-Regulations on the Administration of Motor Vehicle Registration