Is it necessary to press the green book for second hand car installments, and is there no green book

Hello, the second-hand car installment must be pressed on the registration certificate (that is, the commonly known green book).

Once your loan is approved and the vehicle is closed. The bank will send the money to the car dealer and receive the registration certificate after the account is cleared. The car with the registration certificate is reported as a mortgage at the DMV.

After many years, the loan is paid off, and the bank returns the registration certificate to the car owner, who goes to the DMV to release the mortgage.

Second-hand car installment, as long as it is a loan to buy a car, it will be mortgaged to the green book, because if it is a loan to buy a car, the vehicle registration certificate.

It's not in your hands, it's in the hands of the financial institution that lends money. If there is no vehicle registration certificate, it will not be possible to transfer and transfer, which means that the car cannot be sold.

There is a way to buy a car with a loan, a kind of line of credit.

One is a mortgage. If you need to release the mortgage on the vehicle, you will choose the second loan method. At this time, your car is mortgaged to the institution that gives the loan, and before you pay off the loan, you only have the right to use it, but you don't have the right to own it.

Therefore, after paying off the loan, you should go to the institution where the loan is issued as soon as possible to release the mortgage and let yourself officially belong to your own name.

Hello, now there are so many platforms that can provide lending business, you can apply for bank loans through mortgages, and a more convenient way is to apply for personal credit loans, it is recommended that you choose a formal platform when applying for a loan to better protect your personal interests and information security.

It is recommended to use Youqian Hua, which was formerly known as "Youqian Hua", which is a credit brand of Du Xiaoman Finance, which provides users with safe, convenient, unsecured and unsecured credit services.

It has the characteristics of simple application, low interest rate and fast loan, flexible borrowing and repayment, transparent interest rate and strong security.

Share with you the application requirements for consumer products with money: it is mainly divided into two parts: age requirements and information requirements.

2. Information requirements: During the application process, you need to provide your second-generation ID card and your debit card.

Note: Only debit cards are supported, and the application card is also your debit card. My identity information must be the second-generation ID card information, and I cannot use a temporary ID card, an expired ID card, or a first-generation ID card to apply.

This answer is provided by Youqianhua, due to objective reasons such as the timeliness of the content, if the content is inconsistent with the actual interest calculation method of the Qianhua product, it shall be displayed on the page of Du Xiaoman Financial APP-Youqianhua Loan. Hope this helps.

Most banks require the borrower to sign a mortgage contract with the bank to mortgage the purchased vehicle to the bank when handling the credit card installment purchase business. This way the bank does this way to control the risk so that the borrower is not unable to repay. When the borrower has fully repaid the loan, he or she can cancel the registration of the vehicle mortgage.

In particular, a bank car loan requires a certain amount of collateral, but the specific situation varies from bank to bank, depending on which bank you choose. However, at present, the purchased car is mainly used as collateral, and the bank keeps the insurance policy, purchase invoice and other documents of the car, and the vehicle registration certificate during the loan period. Different banks have different requirements, and some require real estate certificates as collateral, but generally vehicle registration certificates are the main ones.

1.If a user buys a car in installments, the green car book will need to be used as collateral, but the mortgage can be released after the loan is paid off, and the user can get back the green car book.

2.In addition to mortgaging the green book, you can also mortgage the vehicle without mortgaging the green book, and it is possible to mortgage the car without the car or without the license.

Extended Materials. A car loan is a loan issued by a lender to a borrower who applies to purchase a car. An auto consumer loan is a RMB guaranteed loan issued by a bank to a car buyer who purchases a car at its authorized dealership.

A new way to borrow. Auto consumer loan interest rates.

It refers to the ratio of the loan amount to the principal amount issued by the bank to the consumer, that is, the borrower, for the purchase of a car for self-use (a family car or a commercial car with less than 7 seats (inclusive) for non-profit purposes). The higher the interest rate, the greater the amount of repayment the consumer will have.

Benchmark interest rate. By the central bank.

It is stipulated that the benchmark interest rate for car loans shall be implemented.

However, each financial institution can float within a certain range of the benchmark interest rate. The term of car loans of major banks is generally not more than 5 years, and the interest rate of car loans directly determines the cost of people's loans, which has become an important factor in determining whether people take out loans for consumption.

How to calculate the interest rate of the car loan.

Monthly car loan payment. The formula is: a=p(1+i)[(1+i) n-1] n 2 i

A: Monthly contributions.

P: The total amount of contributions.

i: Monthly interest rate.

Annual interest 12).

n: Total number of months of contribution (year 12).

Loan interest rate. The effective interest rate on a car loan.

According to the actual situation of the customer, the bank will formulate the loan benchmark interest rate with reference to the central bank, and the customers with excellent general conditions can enjoy the benchmark interest rate or reduce it by about 10%, while ordinary customers need to increase the benchmark interest rate by about 10%.

2013 latest bank lending rate: 10%-15% increase in benchmark

There are three types of personal loan car purchase business: direct customer, intermittent customer, and credit card car loan. The direct customer type is generally a bank car loan for the customer to meet directly for the loan, and the indirect customer type is generally the car loan of the auto finance company that transfers the customer.

For direct customer bank car loans, the fees charged are deposits, principal and interest, 3% guarantee fees, etc., and the fees for high-quality customers of banks will also be discounted, but the preferential policies of each bank are different.

In addition to the above fees, the car loan of the inter-passenger auto finance company also needs to bear the supervision fee, fleet management fee, and warranty renewal deposit.

There is also a credit card car loan, credit card installment car loan only provides installment payment for bank credit card users, not any conditions can be handled, and there is also a review process, which is difficult for credit card users with bad credit records.

There is no green mortgage on the car loan (that isMotor vehicle registration certificateThere is not much difference, it is mainly due to the different regulations of different places, different banks or lending institutions.

Although generally the bank or lending institution will collect the motor vehicle registration certificate and not repay it to the relevant person until the lender pays off the loan, there are also a few places where it is not necessary to mortgage the motor vehicle registration certificate in the bank or lending institution, but as long as the vehicle is put into the auction and the mortgage registration can be carried out, the motor vehicle registration certificate can be taken back by the customer. Therefore, if the car loan is not pledged, it is likely that the bank or lending institution you are lending to does not stipulate that the motor vehicle registration certificate will be collected.

However, it should be noted that regardless of whether the motor vehicle registration certificate has been mortgaged by a bank or a lending institution, the vehicle needs to be released, otherwise the vehicle still does not belong to you.

The mortgage status of the vehicle can be queried in the following ways

1. Check the motor vehicle registration certificate, if the mortgage registration content in the motor vehicle registration certificate has stated that the vehicle is in the state of unmortgaged, it means that the vehicle does not belong to the mortgaged vehicle.

2. Go to the vehicle management office.

If you use a vehicle that is not your own, you need to go to the vehicle management office with the owner to make an inquiry.

3. Go to the insurance company for inquiries, if the vehicle is in a mortgage state, the first beneficiary of the car insurance belongs to the lending institution.

Because many car loans require customers to submit green books (Motor vehicle registration certificateBut this is not absolute, it depends mainly on the regulations of the bank that handled the loan or the car amount company. This is mainly due to the fact that the regulations vary from place to place, from bank to bank or lending institution.

Some are as long as the vehicle is registered as a mortgage, and the green book can be placed directly in the hands of the customer; In addition, because the customer directly mortgages the vehicle to the bank (car amount company), there is no need to mortgage the green book in the bank (car amount company).

In short, you can follow the regulations of the bank or auto finance company that handle the loan, and if you do not require yourself to mortgage the green book in the bank (auto finance company), then you can continue to keep the green book in your own hands after applying for a car loan.

Of course, you also need to note that although the green book is not mortgaged in the bank (auto finance company), it is still registered as a mortgage. Therefore, after the customer repays the car loan, he still needs to go through the procedures for releasing the mortgage, otherwise the vehicle will not be regarded as his own.

Procedures required to buy a car by installments:

1. All large-scale purchases or other need to bring their own ID cards.

The same goes for this, you must bring your ID card and household registration booklet. This must be the car buyer's own.

2. Loan application form, this is for applying for a loan, whether this can be applied for a mountain tour file is related to the age of the car buyer, some people are older than 50 years old, and they are not qualified in terms of repayment ability, so they will not be approved. Be at least 18 years old and under 60 years old.

3. Real estate certificate.

You must provide a title deed, as long as you can prove that you have a property, which can be auctioned off when you can't afford to pay it back. This is to prevent you from being able to afford to pay it back, and you must have a guarantor, and he will pay it back when you can't afford it. and a loan from a bank.

The same must have a guarantor for the property. This can be guaranteed by someone else's real estate deed. That's when it's up to your people.

4. Proof of repayment, you must have a stable income**, and provide yourself with three to six months of running bills. to check your affordability. Have a stable income and the ability to repay the principal and interest of the loan, and make monthly payments.

The amount does not exceed 60 per cent of the total disposable amount of the household.

5. A third-party natural person must provide a guarantee for the repayment of the principal and interest of the loan, and the husband and wife shall not guarantee each other.

6. Other conditions stipulated by the bank.

7. Guarantor's ID card and household registration book must be the original and two sets of copies.

8. During the loan period, the "Motor Vehicle Consumer Loan Guarantee Insurance" must be insured at a time by an insurance company approved by the bank and the "Motor Vehicle Insurance" must be continuously insured.

Whether you need to uncover the following situations when you buy a car in installments and get a green book:

1. If you apply for a car loan and do not go through the mortgage procedures, you do not need to release the mortgage after getting the green book;

2. When the user applies for a car loan, the mortgage procedures will be recorded in the green book, and the mortgage information will be recorded in the green book, and the mortgage record on the green book will become released, and the ownership of the vehicle will belong to the user.

If the application for mortgage registration is made, the motor vehicle owner and the mortgagee shall jointly apply, confirm the application information, and submit the following certificates and certificates, the certificate of personal susceptibility of the motor vehicle owner and the mortgagee, the motor vehicle registration certificate, and the motor vehicle mortgage contract. The vehicle management office shall, within one day from the date of acceptance, review the submitted certificates and vouchers, and endorse the content and date of mortgage registration on the motor vehicle registration certificate.

Legal basis] Motor Vehicle Registration Regulations

Article 33 Where an application is made for the cancellation of mortgage registration, the owner of the motor vehicle and the mortgagee shall jointly apply, confirm the application information, and submit the following certificates and vouchers:

1) The identity certificate of the owner and mortgagee of the motor vehicle;

2) Motor vehicle registration certificate.

Where the people's court mediates, rulings, or makes a judgment to lift the mortgage, the owner or mortgagee of the motor vehicle shall confirm the application information, and submit the motor vehicle registration certificate, the mediation document, ruling or judgment issued by the people's court that has taken effect, and the corresponding notice of assistance in enforcement.

The vehicle management office shall, within one day from the date of acceptance, review the submitted certificates and vouchers, and endorse the content and date of the release of the mortgage registration on the motor vehicle registration certificate.