How to apply for a second-hand car loan

The second-hand car loan process: 1. Consumers who buy second-hand cars go to the bank to consult the second-hand car sales agency that sells the car. It is recommended to sign a "Second-hand Car Loan" with the bank. "Automobile Consumer Loan Cooperation Agreement"; 2. Sign a car purchase agreement, select the second-hand car to be purchased at the car sales office, sign a car purchase agreement with the dealer, specify the model, quantity, color, etc.; 3. Apply for a loan. The necessary materials for applying for a loan include: personal loan application, valid identity document, proof of occupation and income, basic family situation, car purchase agreement, supporting documents required for guarantee, and other conditions specified by the lender; 4. After the bank accepts the loan application, The car buyer will be notified and a second-hand car consumer loan contract will be signed with the borrower who meets the loan conditions; 5. Sign the contract. If the applicant meets the loan conditions, the bank will sign a loan contract and related guarantee contract with the applicant. During the second-hand car loan application process, customers must bring all the information. Including a copy of the vehicle registration certificate, a copy of the vehicle driving license, a copy of the original owner's ID card and contact information, a copy of the car purchase contract (with official seal), a second-hand car power of attorney and vehicle photos.

Second-hand car installment loan process

Second-hand cars can be applied in installments. The following is the specific installment method: 1. Application form: Fill in the automobile consumer loan application form. 2. Proof of repayment: You need to provide your own running bills for three to six months. Note: Under normal circumstances, the monthly payment does not exceed 60 of the total disposable income of the family. 3. Personal information: Household registration book, guarantor’s ID card, housing certificate, personal income certificate All documents must be original and photocopy. 4. Contract signing: Notify the borrower to sign a loan contract, guarantee contract, mortgage contract and handle mortgage registration and insurance procedures. When signing a vehicle loan mortgage contract, the bank will have one copy for the car buyer; you must also sign a car sales contract and the car sales company will have one copy for the car buyer and the bank will keep one copy. 5. Loans: Loans issued by banks are transferred directly to the car dealer's account. 6. Go through the car pick-up procedures: The car buyer will hand over the down payment to the car dealer and go through the car pick-up procedures and license plate with the bankbook and car pick-up note issued by the bank.

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What procedures are required for installment payment of second-hand cars?

1. The procedures required for installment payment of second-hand cars are:

1. Application form: It is very important to fill in the automobile consumer loan application form. Generally speaking, the important information in the form, such as age, repayment ability, etc., will be important conditions for the success of your loan application.

2. Proof of repayment: To buy a car by installment, you must have a stable source of income, and you need to provide your own running bills for three to six months. Note: Under normal circumstances, the monthly payment does not exceed the total disposable amount of the family. 60.

3. Personal information: household registration book, guarantor’s ID card, housing certificate, personal income certificate. All documents must be originals and copies. Generally, two sets of copies are required.

4. During the loan period, the loan must be insured once with an insurance company recognized by the bank.

5. A third-party natural person must provide guarantee for the repayment of the principal and interest of the loan. Note: Husbands and wives cannot guarantee each other.

6. Contract signing: Notify the borrower to sign a loan contract, guarantee contract, mortgage contract, and handle mortgage registration and insurance procedures. When signing a vehicle loan mortgage contract, the bank will have one copy and the car buyer will have one copy; you must also sign a car sales contract, the car sales company will have one copy, the car purchaser will have one copy, and the bank will keep one copy.

7. Loan disbursement: The bank issues the loan, which is directly transferred to the car dealer's account.

8. Go through the car pick-up procedures: The car buyer will hand over the down payment to the car dealer, and go through the car pick-up procedures and license plate with the passbook and car pick-up note issued by the bank. After that, submit the vehicle certificate of ownership, invoice, insurance policy, driving license, ID card, and account book to the bank. After the mortgage, the bank will return the driving license, ID card, and account book.

2. Things to note: Before handling installment payment, communicate with banks and dealers. Before buying a car, be sure to read the signed contract in detail, especially key information such as interest, monthly payment, repayment period, additional conditions, etc., to avoid falling into a scam.

3. Auto finance companies that buy cars on installment basis. For loans from car finance companies, it is more convenient to apply for a loan. You can directly go to the corresponding 4S store to select a car, provide information as required, such as proof of identity, income, and residence, and then fill in certain forms, and then follow the requirements of the financial company. After signing the contract, you can basically pick up the car.

4. Banks and credit cards for installment payment of cars. This is a more convenient and civilian method for buying a car by installment payment with a credit card. Credit cards are credit loans and do not require collateral. The handler can apply as long as he has enough information to prove his repayment ability.

Extended information:

1. Loan policy for buying second-hand cars. Generally speaking, the down payment starts from 20% of the vehicle sales price, and the loan term is no more than three years. The operating procedures such as the lender's prerequisites, required information, and loan procedures are basically the same as those for new car loans.

2. To apply for a second-hand car loan, you must have a household registration, ID card and fixed housing. This is a prerequisite. The second is the age requirement, which is generally a citizen between 20 and 60 years old, and you must have a stable employment and stable income to ensure the ability to repay the principal and interest of the car payment on time.

3. When applying for second-hand car installment payment, you need to provide three types of information and certificates: the car purchaser’s ID card, household register, residence certificate and income or labor certificate; certificate of relationship between the loan car purchaser and his spouse; two A recent photo.