When applying for a loan to buy a car, does the applicant have to buy social security, because most car loans now require the applicant to buy auto insurance. Therefore, as long as the applicant has a stable job and income in the local area, a good credit record and repayment ability, he can apply for a loan to buy a car even if he does not buy social security locally.

If a person is a foreigner and goes to the local bank to apply for a car loan, he must ask for a car loan. In order to avoid loans, the conditions will be higher. If the applicant has not purchased social security for a certain number of years in the local area, the chances of successful bank loan to buy a car will be relatively low.

However, in addition to seeking bank loans, you can also seek loans from local auto financing companies and intermediary guarantee companies. Just because you buy a car with a loan from a bank, you can't buy a car with a loan from another loan company. The average applicant has the ability to make down payment and repayment, and can apply for a loan from an auto financing company to buy a car without buying social security.

However, when we apply for a loan to buy a car, the borrower must first understand the relevant charges and make a repayment plan to avoid overdue.

Second, do you need social security to buy a car?

Buying a car generally does not require social security. Buying a car by mortgage requires social security, and you can buy a car loan without social security. Proof of income is one of the necessary procedures for loans. If you can't provide proof of income, you can't prove your repayment ability, and the loan can't pass. Social security is not a key factor in the loan process. You can buy a car without social security. What materials do you need to buy a car? 1. If you buy a car in full, you only need the ID card, driver's license and bank card of the car buyer. If you borrow money to buy a car, you need to fill out an application form for car loan first. Generally speaking, important information in the form, such as age and repayment ability, will be an important condition for your success in applying for a loan. Id card, driver's license, bank card or necessary materials. In addition, according to the specific requirements of banks or financial institutions, income certificates, bank accounts, guarantor information and other materials may be needed. Legal basis: Article 64 of People's Republic of China (PRC) Social Insurance Law includes basic endowment insurance fund, basic medical insurance fund, industrial injury insurance fund, unemployment insurance fund and maternity insurance fund. In addition to the basic medical insurance fund and maternity insurance fund combined accounting, other social insurance funds are accounted for separately according to social insurance types. Social insurance funds implement a unified accounting system throughout the country. The social insurance fund is earmarked for special purposes, and no organization or individual may occupy or misappropriate it. The basic old-age insurance fund will gradually implement national overall planning, and other social insurance funds will gradually implement provincial overall planning. The specific time and steps shall be stipulated by the State Council.

Third, there is no social security, but I want to borrow money to buy a car. Can I get a loan?

You can apply for a loan to buy a car Buying a car by mortgage means that the borrower who applies for buying a car pays part of the down payment first, and the lender issues the loan to the car buyer in stages. Application conditions:

1. Have valid identification and full capacity for civil conduct;

2. Can provide a fixed and detailed address certificate;

3. Have a stable occupation and the ability to repay the loan principal and interest on schedule;

4. Personal social credit is good;

5. Holding a car purchase contract or agreement approved by the lender;

6. Other conditions stipulated by the Cooperation Organization. Meet the above conditions, you can borrow money to buy a car without social security. Social insurance is a social and economic system that provides income or compensation for those who lose their ability to work, are temporarily unemployed or suffer losses due to health reasons. The main items of social insurance include endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance. The social insurance plan is organized by the government, forcing a certain group to use part of its income as social insurance tax (fee) to form a social insurance fund. Under certain conditions, the insured can get fixed income or loss compensation from the fund. It is a redistribution system, and its goal is to ensure the reproduction of material and labor and social stability. In China, social insurance is an important part of the social security system, occupying a core position in the whole social security system. In addition, social insurance is a contributory social security. The funds are mainly paid by employers and workers themselves, and the government finances give subsidies and bear the ultimate responsibility. However, workers can only enjoy the corresponding social insurance benefits if they fulfill their statutory payment obligations and meet the statutory conditions.

4. Can I borrow money to buy a car without social security?

Look at the repayment ability! Shenzhen should have a stable job or income. You can play with the bank for half a year. Please consult me for details.