Where is the invoice for a mortgaged car?
2 Answers
Mortgaged car invoices are held by the bank. For a mortgaged vehicle, the vehicle certificate, invoice, insurance policy, driving license, ID card, and household registration must be submitted to the vehicle management office's mortgage window. After the mortgage process, the vehicle management office and the bank will return the driver's license, vehicle registration certificate, ID card, and other documents to the owner. The invoice will be returned once the loan is fully repaid. During this period, other related documents must not be lost, as this could affect the release of the vehicle's mortgage. For cars purchased through installment payments, since the official invoice is mortgaged to the bank, the owner only has the right to use the vehicle but not the right to dispose of it. The vehicle registration certificate is not in the owner's name but in the bank's. Therefore, the owner can only obtain related vehicle documents, including the deed tax certificate, vehicle certificate, and other materials.
I remember the invoice issue clearly since I just bought this financed car a year ago. At the 4S dealership when signing the loan, the financing company took the original invoice as collateral—they said they’d keep it until I fully repaid the debt. I have an official copy in hand, which the salesperson recommended storing in the glove compartment’s document holder, alongside the insurance policy and user manual. This copy has been super handy—like last week at the repair shop for part replacements, the technician needed the purchase date, and I just pulled it out. It also helped during insurance claims to verify the car’s value, saving me headaches. New owners should photocopy this document, store backups at home or in cloud storage, and not rely solely on paper—if the car’s stolen or catches fire, you’re covered. Bottom line: check with your lender for details, and keep the copy safe—it’s crucial for daily use and resale.
