If the loan is not paid off, you can buy a second car. In addition, there are many factors that determine whether an individual can apply for a second car loan, such as whether the personal credit record is good and whether the applicant can repay the car loan.

There are two main types:

1. Applicant's credit record: Personal credit record determines whether an individual can apply for a car loan. If his credit record is good, he can apply for a car loan; Otherwise, he can't.

2. The repayment ability of the applicant: Whether the applicant can apply for a car loan again depends on the repayment ability of the applicant. If the applicant does not have enough repayment ability, he will not be able to apply for a car loan again.

Here are three ways to get a car loan:

1. Loan from auto financing company:

Compared with bank auto loans, the threshold and procedures for auto company loans are more convenient. Lenders need to provide copies of ID card, household registration book, marriage certificate, real estate license, residence certificate and income certificate. Generally speaking, auto companies do not need local accounts or guarantees for loans. Generally speaking, they can be bought in 4S stores.

2. Bank car loan:

Compared with auto financing company loans and credit card installment loans, bank loans are more autonomous. No matter which brand or model the lender wants to buy, he can apply for a bank car loan, and the repayment method is more flexible.

3. Credit card installment shopping:

Different from auto financing company loans and bank auto loans, credit cards need to pay interest when buying cars in installments. There is no interest on buying a car with a credit card, but the lender needs to pay a certain installment fee. Million car purchase subsidy