There is no routine for this kind of loan financial policy. It is a loan policy put forward by dealers and manufacturers. Its main purpose is to sell motor vehicles. By means of loan, the buyer can buy a motor vehicle without interest for three years, so that the buyer can buy a motor vehicle with little money.

What is the impact of loan vehicles? Lending the vehicle has no effect on the use of motor vehicles. Once a motor vehicle needs to be modified, it cannot be put on record because of the lack of motor vehicle registration certificate. The motor vehicle and motor vehicle registration certificate of the loan will be kept by the financial institution and will only be returned to the owner after the loan is completed.

What procedures do I need to go through after the vehicle loan is paid off? After the loan is paid off, you need to go to the traffic management department of the public security organ to cancel the motor vehicle. Only the cancelled motor vehicle ownership will be owned by the owner, and the station can handle the transfer, filing and registration procedures.

Million car purchase subsidy