Vehicle mortgage loan, as its name implies, is to apply for a loan with a car as collateral. The loan threshold is low and the loan speed is fast, which can be mainly used to solve the problem of poor capital turnover in the short term.
1, Wuhan vehicle mortgage loan conditions
(1) Applicants are required to be 25-55 years old and can provide valid identification;
(2) The borrower has a fixed job and legal income, which means that he must have certain repayment ability;
(3) The borrower owns all the rights and interests of the vehicle, and the vehicle certificate under his name is complete, and there is no mortgage at present;
(4) For the mortgaged car, the bank requires that the car age is less than 5 years, the journey is less than 80,000 kilometers, and the mortgaged car is valued at more than 70,000 yuan.
Before applying, you need to choose whether to take a bus or not according to your own needs.
2. Wuhan automobile mortgage Process
It can be simply summarized as: submitting materials → vehicle evaluation → signing a contract → vehicle mortgage → waiting for loan → post-loan management.
3. Wuhan automobile mortgage Materials
Original and photocopy of motor vehicle owner's identity certificate, original and photocopy of mortgagee's identity certificate, original mortgage contract, mortgagee's power of attorney and motor vehicle owner's power of attorney (stamped with official seal and cheque seal), motor vehicle registration certificate, and filling in the Application Form for Motor Vehicle Mortgage Registration/Pledge Filing.
After the materials are ready and the evaluation is completed, you can sign the contract.
4. Wuhan automobile mortgage interest rate
Different loan channels have different loan interest rates. If you choose a bank to handle Wuhan vehicle mortgage loan, it will float according to the benchmark interest rate stipulated by the central bank. If it is a trust loan, the interest rate plus handling fee will generally be 18% per year. If it is a pawnshop loan, the comprehensive other expenses are about 3% per month.
If the interest rate is too high, you can consider using several methods in this article.
5. How much can Wuhan vehicle mortgage loan borrow?
The vehicle mortgage rate in Wuhan is generally 60%. For example, a 300,000 new car mortgage loan is generally evaluated as 200,000 because of the rapid depreciation of the car. According to the mortgage rate of 60%, you can borrow 6.5438+0.2 million yuan.
The loanable amount of vehicle mortgage loan will also be affected by other factors.
6. Which company is good for vehicle mortgage loan in Wuhan?
In addition to looking for a loan company, you can also apply through some websites, which is more convenient for application and faster for lending.
The introduction of Wuhan vehicle mortgage loan strategy ends here. I believe your problem has been solved. I want to apply for Wuhan vehicle mortgage loan faster. There are professional credit managers to answer your questions, and more strategies and consultations are waiting for you.