No, the car has been mortgaged. Some companies will deduct invoices and vehicle registration certificates when mortgage. Without a vehicle registration certificate, it is impossible to handle legal mortgage procedures.

There is a vehicle registration certificate, but the vehicle management office records the state of the vehicle as collateral. Of course, the vehicle management office is not allowed to use the vehicle that has been mortgaged to others as collateral.

Each bank may have different regulations and flexible methods. Please ask the bank for details.

Extended data:

Loan description:

1, Vehicle License: After the money is lent out, the vehicle is still for your own use.

2. Fast loan: after the mortgage is completed, the loan can be released as soon as 1 day.

3. Wide use: it can be used for business purposes such as purchasing and purchasing, and can also meet consumer needs such as decoration, tourism and wedding.

Automobile mortgage material

1, valid proof of the owner's identity. Such as ID card, residence permit, etc.

2. Vehicle registration certificate, including vehicle driving license, insurance documents, spare keys, etc.

Automobile mortgage processing flow

1. The applicant applies for mortgage loan from the auto loan company;

2. The company receives and collects automobile information;

3. Car inspection, car inspection, test run and car evaluation;

4. Both parties shall determine the mortgage term, mortgage fee and management fee; Install GPS.

5. Sign a mortgage loan contract, register, and lend money by the company;

6. The borrower repays the loan on schedule.

References:

Baidu encyclopedia-mortgage loan