Can Shengzhou motorcycle be mortgaged?

Yes Shengzhou motorcycles have certain value and can be used as assets and property mortgage loans. Mortgage means that the borrower transfers his property and assets to the borrower as a guarantee to ensure the repayment of the loan. If the borrower fails to fulfill the repayment obligation as agreed in the contract, the borrower may dispose of the collateral according to law to realize the creditor's right. Shengzhou motorcycle as collateral can be provided to the borrower for guarantee and obtain the corresponding loan amount.