How to Handle Vehicle Mortgage?

[DiDonovan]

When applying for an auto mortgage loan, you need to retrieve the vehicle records from the DMV to verify the vehicle's authenticity and whether it meets the mortgage conditions. Check the car brand and model, engine number, VIN code, vehicle color, registration date, license plate number, file number, and whether it has been mortgaged. The interest rates for auto mortgage loans are generally similar, with monthly rates mainly ranging from 2% to 3% in the market. The charging principles are subject to the actual policies of each company.