Today, automobile mortgage has become one of the effective ways to revitalize assets. However, can a car of 10 be mortgaged?

It is understood that a car with a year of 10 is basically difficult to get a mortgage. Even if it is really accepted by lending institutions, the amount that can be handled will be less.

Next, let's take a look at what conditions the vehicle used for mortgage needs to meet:

1, the license plate must be in the borrower's name;

2. The license plate is the location of the lending institution;

3. The bare car price is at least 50,000 yuan;

4. The longest age of the car is not more than ten years;

5. The vehicle has no mortgage.

In reality, most lending institutions will require that the age of the car should not exceed 5 years. For example, car mortgage, Ping An Bank requires that the purchase time of the mortgaged car should not exceed five years (based on the first registration date) and the mileage should not exceed 80,000 kilometers.

How many years can I borrow a car mortgage loan?

The general loan term in automobile mortgage is divided into short-term (1-3 months), medium-term (3- 12 months) and long-term (1-3 years). Customers can choose according to their own needs. Anmeitu platform is recommended for car mortgage. Anmeitu has always taken "self-discipline and compliance" as its business policy, and it is its responsibility to sincerely serve new and old customers and fulfill social responsibilities. The fees are transparent, clearly marked and paid in full. Need money badly? Find a safe way! You can get a loan if you have a car!

According to the different products selected for automobile mortgage, mortgage loans have different loan terms. Generally speaking, if the vehicle is used as collateral, the longest loan period shall not exceed 3 years. Because cars are easy to depreciate, the value of cars decreases with the growth of car age, and cars are also prone to traffic accidents, so the loan period will be much shorter.

Want to know more about car loan knowledge, it is recommended to consult Anmeitu car loan. Anmeitu is headquartered in Shanghai, backed by the strong financial strength of Anmeitu Group, and has direct stores in Shanghai, Chengdu, Xi 'an, Wuhan, Shenzhen, Chongqing, Beijing, Kunming, Guangzhou and Shihezi, Xinjiang. If you have a car, you can borrow it. Professional one-on-one service, reasonable and transparent fees, clearly marked. Relieved and reliable, the mortgaged vehicle is stored in a closed indoor garage, which is all-weather safe. You can do it without a car, and you can manage it if you get the money. Generally, loans can be made on the same day. The maximum loan amount is 8- 10%.

What are the requirements for car mortgage?

Vehicle mortgage loan is a private loan, and banks do not have this business. \x0d\ Mortgage loan refers to the registration of motor vehicle registration certificate (green copy) in the local vehicle management office. \x0d\ Conditions: \x0d\ The car has been paid in full, or the installment payment has been completed, that is, the car is no longer mortgaged. \ x0d \ x0d \ This kind of car can be mortgaged without any special conditions. You can go to the local vehicle management office with the original and photocopy of the ID card of the owner and mortgagee and the mortgage contract. It's simple.