Legal analysis: The following procedures are required for car purchase by installment: 1. The borrower's ID card, income certificate, driver's license and other income certificates need to be prepared and submitted to the third-party financial service company or automobile sales service shop cooperating with the bank for corresponding review; 2. After the loan is approved, you need to pay the down payment at the automobile sales service shop and hand over the down payment receipt to the bank or a third-party financial institution to wait for the loan; 3. After the loan is successful, the borrower only needs to repay the car loan on time every month according to the repayment plan.

Legal basis: Article 9 of the Measures for the Administration of Auto Loans The borrower applying for personal auto loans shall meet the following conditions at the same time: (1) He is a citizen of People's Republic of China (PRC), or a resident of Hong Kong, Macao and Taiwan and a foreigner who has lived in People's Republic of China (PRC) for more than 1 year (inclusive); (2) Having a valid identity document, a fixed detailed address and full capacity for civil conduct; (3) Personal legal assets with stable legal income or sufficient to repay the loan principal and interest; (4) Personal credit is good; (5) Being able to pay the prescribed down payment; (6) Other conditions required by the lender.