Vehicle mortgage loan refers to a loan obtained from a bank or a vehicle consumption loan company with the borrower's or a third party's vehicle as collateral.

However, due to the rapid depreciation of vehicles, the possibility of traffic accidents and the high probability of vehicle value loss, there are relatively few ways to issue loans as a single mortgage. Vehicle mortgage loan has the characteristics of fast loan, high interest rate and short term, which is suitable for people with capital turnover needs.