What is the green book of a car?
1 Answers
The green book of a car refers to the "Motor Vehicle Registration Certificate". It is commonly known as the "green book" because of its green color. If you need to finance a car purchase through installment loans, the Motor Vehicle Registration Certificate (green book) must be mortgaged. During the mortgage period, the green book is held by the vehicle management office on behalf of the owner. After the mortgage is lifted, it is kept by the vehicle owner and does not need to be carried in the car. Meaning of the green book: The green book is the "Motor Vehicle Registration Certificate", which serves as the vehicle's household registration document. The Motor Vehicle Registration Certificate is the legal proof of vehicle ownership, kept by the vehicle owner and not carried in the car. This certificate is required for any vehicle registration procedures such as transferring ownership or changing registration, and it records the relevant details of the vehicle. Conditions for reissuing the green book: If the Motor Vehicle Registration Certificate is lost, missing, or damaged, the vehicle owner must apply for a replacement at the local vehicle management office where the vehicle is registered.