2. When foreigners borrow money to buy a car in Beijing, the down payment must reach at least 30% of the car price.
3. At the same time, due to the cost of buying a house before the loan, it is recommended to prepare more than 40% down payment; 2. Foreigners who want to borrow money to buy a car in Beijing can find an existing real estate customer in Beijing as a guarantee; 3. The loan term is generally 3 years, and the longest is no more than 5 years. The loan is stable, the principal and interest of the loan can be repaid on schedule, and the loan purchase contract or agreement recognized by the lender is held; 4. Confirm each repayment with the bank in time.
4. If you go out, you need to prepare for repayment in advance.
If the individual fails to repay the loan within the specified time, the bank will auction the collateral when the individual loans to buy a car as agreed.
6. And there will be bad personal credit records, which will affect personal loans in the later period.