Generally speaking, buying a car by mortgage can be realized through the choice of mortgage loan, which can reduce the investment in car purchase, save less money and enjoy a longer repayment period. The interest rate of mortgage loans is generally lower than that of credit loans, and funds are easier to obtain.

Second, what should I do if the owner of the mortgage car is missing now?

Auto loan application conditions:

Car buyers must be at least 18 years old and be China citizens with full capacity for civil conduct;

Car buyers must have a relatively stable job, a relatively stable economic income or assets that can be easily realized in order to repay the loan principal and interest on schedule. Assets that are easy to realize here generally refer to securities, gold and silver products, etc.

During the period of applying for a loan, the car buyer will deposit the down payment for car purchase lower than that stipulated by the bank into the savings counter account of the handling bank;

Provide bank-approved guarantees to banks. If the personal account of the car buyer is not local, it should also provide joint liability guarantee, and the bank will not accept the mortgage set by the car buyer for the car purchased by the loan;

Car buyers are willing to accept other conditions that the bank deems necessary.

3. How about mortgaging automobile mortgage?

Mortgaged vehicles cannot apply for vehicle mortgage loans.

Handling the automobile mortgage process:

1. Materials provided by customers for mortgaging vehicles;

2. The appraiser of the borrower evaluates the vehicle to be mortgaged;

3. The borrower and the lender negotiate the value of the mortgaged vehicle;

4. The borrower and the lender sign a vehicle mortgage contract and notarize it at the same time;

5. The borrower and lender shall go to the vehicle management office for mortgage registration and relevant certificates;

6. The lender drives the vehicle to the parking lot designated by the borrower, gives all the car keys to our company for safekeeping, and the borrower issues a receipt list and pays the mortgage amount at the same time;

7. After the mortgage expires, the lender shall go through the repayment and mortgage cancellation procedures with the borrower, repay all the loans, cooperate with the borrower's vehicle management office to go through the mortgage registration cancellation procedures and get the car keys;

8. After the loan expires, the mortgage shall be released.

4. Can a mortgage car mortgage a loan?

Of course.

A car bought by mortgage can be used by a second mortgage if the balance is not paid off. The relevant terms of mortgage are as follows:

1. According to Article 35 of the Guarantee Law, if the value of collateral is greater than the balance of secured creditor's rights, it can be mortgaged again, but it shall not exceed the balance.

2. Article 41 of the Guarantee Law stipulates that if a party mortgages a vehicle, it shall register the mortgaged property with the vehicle registration department, and the mortgage contract shall take effect from the date of registration.

Extended data:

Precautions:

Car mortgage can choose to take the car or not, and the loan amount is proportional to the value of the car. In addition, borrowers and investors can choose to repay in advance when signing a loan contract.

Automobile mortgage needs a local license. Mortgaged cars need to be licensed, and the license plate needs to be local, and lending institutions do not accept foreign car loans.

Mortgage car mortgage interest rates is higher. Loans are risky and profitable, especially for companies. In order to control risks, the company has been offering relatively high loan interest rates, with a monthly interest rate of more than 2%.