What does vehicle registration mortgage fee mean?

[MiguelRose]

When registering a vehicle that requires mortgage processing, the vehicle registration certificate needs to be mortgaged to the financing company, which incurs a mortgage fee. The vehicle registration certificate can be retrieved after the final payment is settled. Below are relevant explanations: 1. Article 58: The tax basis for fixed assets is determined as follows: For purchased fixed assets, the tax basis includes the purchase price, related taxes and fees, and other expenditures directly attributable to preparing the asset for its intended use. 2. Loan purpose: Loans using vehicles as collateral are primarily intended for automobile consumption. Banks generally do not provide vehicle mortgage loan services; such services typically require applying through specialized private credit institutions.