Used cars can be used as bank loans, but the conditions are very strict. Whether a vehicle can be mortgaged mainly depends on whether the value of the vehicle is worthy of mortgage. The second-hand car depreciates faster than the repayment speed, and the credit risk is high, so the loan conditions of the second-hand car are very harsh. The following is an introduction to the loan conditions for second-hand cars: the general lender must provide proof of car purchase intention, vehicle evaluation, seller's vehicle property right certificate, motor vehicle annual inspection certificate and the loan amount that meets the requirements shall not exceed 50% of the total vehicle price. Some banks even said that if you want to apply for a second-hand car mortgage loan, you must use the real estate as collateral, otherwise even if you meet these five conditions, you will not be approved.

Second, can second-hand cars be mortgaged?

This rarely happens, to be sure.

3. Can I get a loan from the bank after buying a used car?

Yes, but if you apply for a loan after the full payment, it is a mortgage loan and you can't apply for a mortgage loan. If you apply for a mortgage loan, the interest rate is lower than that of a mortgage loan, and the mortgage car can only be loaned for three years. According to the loan interest rate required by the bank, the loan ratio is generally 70% in two years, 50% in three to five years, and the loan is handled according to the situation of the car for more than five years.

4. Which bank can make a second-hand car loan?

Comparative construction bank