Buying from the company has one of the biggest advantages from the financial point of view: it can be tax deductible; The cost of buying a car can be drawn from future income.
Enterprise loans to buy a car need to meet the following four basic conditions: the company is not an individual industrial and commercial household; The registered capital is more than 500,000 yuan; The company has been established for more than one year; The borrower must be a shareholder of the company.
General steps of loan to buy a car: the company applies to the bank and the car dealer respectively and submits relevant loan information; The bank conducts loan investigation, and the car dealer issues a repurchase commitment letter; Banks review enterprise qualifications in accordance with relevant regulations; After the enterprise is approved, it will sign a loan contract with the bank; Banks issue loans and handle mortgage registration and insurance procedures. The borrower repays the loan in full and on time; After the loan is settled, the mortgage registration shall be cancelled.
When a company borrows money to buy a car, it should meet the following conditions in terms of guarantee: it must pass the audit of a large automobile manufacturer, and the legal person of the car purchase unit must sign unlimited joint liability insurance with the bank; The purchased vehicle must go through the formalities, go to the bank for mortgage registration and insurance.
Processing flow of company loan to buy a car: when the company loans to buy a car, it will provide application materials to banks and large automobile manufacturers respectively after meeting the above conditions. At this time, banks need to conduct pre-loan investigation, and large automobile manufacturers issue repurchase commitment letters. After that, the bank will review the qualification of the enterprise according to the internal process. After the examination and approval, it will sign relevant loan contracts and other legal documents with the enterprise, finally issue loans, and implement the follow-up work such as mortgage registration and insurance handling.
Car loan refers to the loan issued by the lender to the borrower who applies for buying a car. Automobile consumption loan is a new loan method that banks issue RMB-guaranteed loans to car buyers who buy cars at their special dealers. The interest rate of automobile consumption loan refers to the ratio of the loan amount to the principal given by the bank to consumers, that is, borrowers, for purchasing their own cars (non-profit family cars or commercial vehicles with less than 7 seats). The higher the interest rate, the greater the repayment amount of consumers.
Note: Whether buying a car is a loan depends on the owner's financial situation. When asked about the advantages and disadvantages of car loans, most car dealers are somewhat evasive. They believe that buying a car with a loan can not only enable citizens with insufficient funds to buy their favorite cars in advance, but also allow some citizens with sufficient funds but other uses to free up some funds that would have been used for car prices for development. However, the resulting interest and extra costs have been ignored.