Mortgaged vehicles cannot apply for vehicle mortgage loans.

Handling the automobile mortgage process:

1. The customer provides the information of the mortgaged vehicle;

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.

Second, can the mortgaged car still be loaned?

Of course. Automobile mortgage refers to loans issued by banks to borrowers who apply for car purchases in their own names to pay for the cars they buy. The repayment method is to repay the principal and interest by installments. The term of automobile mortgage is generally not more than 5 years.

Expand the data mortgage process:

1. Apply for a loan: the borrower fills in the loan application form and provides relevant information.

Ii. loan review: after receiving the borrower's application and the materials that meet the requirements, the bank will review the credit standing, repayment ability and authenticity of the materials of the borrower and guarantor according to the regulations, and make a reply after the review.

Three. Signing a Contract: After the bank approves the loan, the borrower shall handle the loan contract and guarantee contract signed by the bank and the borrower, and go through notarization, mortgage registration, insurance and other related procedures.

4. Lending: After the borrower completes the relevant procedures, China Merchants Bank will pay the loan to the borrower's personal account and transfer the loan to the relevant payee's account according to the borrower's entrustment.