Can a vehicle be mortgaged a second time?

[Jack]

Vehicle can be mortgaged a second time, but the prerequisite is that the actual use value of the car is relatively high. Here is a detailed introduction about vehicle mortgage: First mortgage: The value of the first mortgage is relatively low, and the car has some remaining value. This remaining value can be mortgaged again. When applying for car loan or vehicle mortgage services, you need to have a stable job and the applicant must own the mortgaged vehicle locally. Prerequisite: When the owner of the motor vehicle uses the vehicle as collateral for mortgage, they should apply for mortgage registration at the local vehicle management office. When the mortgage right is extinguished, they should apply for the cancellation of mortgage registration at the local vehicle management office.