Certificate mortgage involves financing, and car dealers often encounter financial difficulties and have to raise funds in this way. After selling the car, the seller can get the certificate back from the financing party, resulting in the certificate not being delivered with the new car; What's more, dealers will mortgage many car certificates at one time, so sometimes even if consumers pay the full amount when buying a car, they have to wait for many days to get the car certificate.
In case of special circumstances, dealers will also use the proceeds from car sales for capital turnover, which will also lead to consumers' delay in getting the car certificate.
If we borrow money from the bank to buy a car, then the bank definitely needs something as a guarantee, and the certificate of the car is the guarantee of the mortgage loan. Automobile certificate is another important certificate of automobile, and it is also a necessary certificate for automobile to come to the door. Only a certified car can meet the requirements of the state on the quality of motor vehicle equipment and related standards.
The vehicle registration certificate should be mortgaged to the bank. The process of handling mortgage car loan: choose a car at the bank's special dealer and sign a car purchase agreement or contract; The borrower applies to the loan bank for personal automobile mortgage; Sign the contract after investigation and consent; Go through the formalities of notarization and mortgage of automobiles; Bank loans; After the loan is paid off, the pledge certificate shall be cancelled and returned to the customer.