I bought a car with a mortgage, paid the down payment and signed a car purchase contract, but I found out that the price of the car has been reduced before I picked up the car

No, car sales are individual contracts, and if the price is reduced, it will be legally binding on you It says it doesn't matter.

1. If a car purchase contract is signed, the transaction price should be calculated based on the bare car price set at that time. However, this is all negotiable, and you can try to see if you can get a better discount.

2. Even if there is no actual discount in terms of amount, many 4S stores will give you some decoration and maintenance gifts. If the discount is too small when you pick up the car, they will definitely not be willing to increase the price for you. This is all relative, and you still have to negotiate if you want to get more benefits.

If you buy a car with a loan and the price of the car drops in the second year, will the remaining repayment amount decrease with the price drop?

Of course not. . . . The price is confirmed when you buy the car. Let me ask you the other way round. If you buy a car, I can give you 40% off the current price, but you will have to pick up the car after 3 years. Will you agree? Or to put it another way, if the gold you bought 30 years ago was 100 yuan per gram (just an example, the price may not be accurate), then I buy the gold from you now for 150 yuan per gram, and you still earn 50 yuan per gram. What about Gram, can you sell it?

Can a car be mortgaged for a bank loan?

1. You can get a mortgage loan. As long as your car is purchased through formal channels, you can submit a car mortgage loan application to the bank to meet your funding needs.

2. A car mortgage loan is a loan obtained from a financial institution or automobile consumer loan company using the borrower's or a third party's car or a self-purchased car as collateral. At present, car mortgage loans are mainly used for car consumption. Of course, car prices drop quickly, and the possibility of a traffic accident affecting the value of the car is high. There are relatively few financial institutions that offer loans against cars as a sole mortgage.

3. According to the "Property Law", when real estate and related rights are mortgaged, a registration validation system shall be implemented; when chattels such as production equipment and transportation vehicles are mortgaged, a registration confrontation system shall be implemented. According to this regulation, a registration confrontation system is implemented for car mortgages, and failure to register will not affect the validity of the contract.

4. According to the provisions of the "Security Law", vehicle mortgage is registered and effective, that is, the mortgage contract takes effect from the date of registration. However, based on the principle that the new law is superior to the old law, Article 178 of the Property Law stipulates that if the security law is inconsistent with the provisions of this law, this law shall apply. Therefore, the vehicle mortgage right takes effect from the date of signing the contract.

1. The departments that can handle mortgage registration are as follows:

(1) The land management department that issued the "Land Use Rights Certificate" shall mortgage the land use rights to those with no fixed objects on the ground. people.

(2) If urban real estate or buildings such as township (town) or village enterprise factories are mortgaged, the mortgage shall be mortgaged by the department specified by the local people's government at or above the county level.

(3) Mortgage of forest trees shall be handled by the forestry administrative department at or above the county level.

(4) If aircraft, ships, or vehicles are mortgaged, it shall be the transportation registration department.

(5) If the enterprise’s equipment and other chattels are mortgaged, the mortgage shall be made by the industrial and commercial administration department where the property is located. The above properties can be used as collateral to apply for a loan from a bank.

2. Frequently asked questions about car mortgage loans are as follows:

1. Product organization

If it is a bank or other large licensed financial institution, it Can be handled with confidence. Such institutions do not intentionally create difficulties for borrowers with products as long as they are repaid on time, and the number of products from banks or licensed institutions is often larger.

2. Interest rates

Like those banks with monthly interest rates of 1% or 1mm, this is very problematic. The more formal the product, the less likely it is to offer incredibly low interest rates. How is such a low interest rate possible? There are more traps waiting for you behind low interest rates.

3. Abnormal charging behavior

Before signing a car mortgage contract, we must first confirm whether there is a prepayment or high handling fee. There are no upfront fees or charges on regular auto mortgage products because auto mortgages must be paid in full and no fees are charged to the borrower upfront.

4. Are there any unreasonable terms or contracts?

These situations do not exist in formal car mortgage products, but some companies will use these terms to make borrowers unknowingly Violate the terms of the vehicle, then tow the vehicle and charge high service fees and towing fees, thereby achieving the purpose of obtaining profits.

How to get a car mortgage loan? What to do after the car loan expires

In recent years, more and more people have begun to pay attention to car mortgage loans, because this loan method is very important for It is undoubtedly a good choice for some car owners with tight finances. So, what about a car mortgage? What to do after the car loan expires?

How to get a car mortgage loan?

First of all, car mortgage loans are divided into pledged cars and non- pledged cars. A pledged car means that the car is placed at a specific location of the lending company, and is monitored by dedicated personnel 24 hours a day, and can be taken and returned at any time. Instead of escorting the car, just install a GPS on the car and you can drive the car and use it normally. The general process for applying for a car mortgage loan is as follows:

(1) The customer provides the materials of the vehicle to be mortgaged.

(2) The borrower’s evaluator will evaluate the vehicle to be mortgaged.

(3) The borrower and the lender negotiate the value of the mortgaged vehicle.

(4) The borrower and the lender sign a vehicle mortgage contract and have it notarized at the same time.

(5) The borrower and the lender go to the vehicle management office to register the mortgage and apply for relevant certificates.

(6) The lender will drive the vehicle to the parking lot designated by the borrower, hand over all the car keys to the company for safekeeping, and the borrower will issue a receipt list and pay the mortgage amount at the same time.

(7) After the mortgage period expires, the lender will go through the mortgage cancellation procedures with the borrower, repay the entire loan, cooperate with the borrower's vehicle management office to handle the mortgage registration and cancellation procedures, and collect the car keys.

(8) After the loan expires, the mortgage will be released.

The above is the general process for applying for a car mortgage loan.

In addition, what to do after the car loan expires?

The process of releasing the mortgage after the car loan expires is as follows:

(1) The borrower goes through the loan settlement procedures at the lending institution, and then brings the loan settlement certificate and his or her valid ID card Wait for the information and go to the local vehicle management office.

(2) Collect the application form at the vehicle management office and fill in the application form for vehicle mortgage release as required.

(3) Then submit the application form and relevant information required for mortgage release at the corresponding window, and receive the "Motor Vehicle Registration Business Acceptance Certificate".

(4) Hold the "Motor Vehicle Registration Business Acceptance Certificate" to receive the "Motor Vehicle Registration Certificate" at the designated window.

How to get a car mortgage loan? What to do after the car loan expires? Regarding how to apply for a car mortgage loan and how to deal with the later stages of the car loan, the above content has been introduced and explained. I hope it will be helpful to everyone.

How to calculate the price of a mortgaged car if it is sold at a reduced price? 15% to 20%. Mortgage cars are sold at reduced prices of 15 to 20 percent. Buying a car with a mortgage means that the borrower who applies to buy a car pays part of the down payment first, and the lender issues the remaining part to the car buyer in installments.

Has the price of BYD F6 been reduced? How to get a loan to buy a car?

BYD F6 price cut by 13,000 yuan, application conditions and application materials for Souqian Automobile Mortgage Center

1. Application conditions for Souqian Automobile Mortgage Center

(1 ) Have a valid identity certificate and have full capacity for civil conduct;

(2) Be able to provide proof of a fixed and detailed address;

(3) Have a stable career and repay loan principal and interest on schedule Ability;

(4) Personal social credit is good;

(5) Hold a car purchase contract or agreement recognized by the lender;

(6) Cooperating institutions Other conditions specified.

2. Application materials for Souqian Automobile Mortgage Center

(1) Original ID card, household registration booklet or other valid residence documents, and provide their copies;

(2) Proof of occupation and economic income;

(3) Car purchase agreement, contract or letter of intent to purchase a car signed with the dealer;

(4) Other documents required by the cooperative agency Information

That’s it for the introduction of how to deal with car price reduction loans.