Is it okay to buy a car? The answer is yes. Under normal circumstances, people with foreign accounts generally have two options to buy a car with local loans:
One is personal credit loan, which requires you to have good credit, a stable job or provide real estate as collateral. Credit loans require a down payment of more than 30%, and the general loan period can be five years.
The other is a secured loan. You can find a guarantor who meets the requirements of the bank to apply for a secured loan where you buy a car. As long as the guarantor meets the application conditions, he can get a loan. Generally, the guarantee is a large amount of real estate mortgage, or you are willing to find trouble when you are in trouble, or you need a guarantee company to package it if the conditions are not good. In addition, if you buy a car by mortgage, then the 4s shop is your guarantee, so buying a car by mortgage depends on whether the 4s shop is willing or not, or taking the intermediary they introduced as a mortgage.
Relatively speaking, it is easier to apply for a car loan from an auto financing company. Auto financing companies will not restrict external account, but pay more attention to personal credit records and economic conditions. Generally speaking, borrowers with acceptable financial ability can successfully apply for car loans. Auto financing companies not only have loose lending standards, but also have relatively simple lending procedures. Under normal circumstances, the whole process only takes two or three days, and customers can get the car without paying fees such as handling fees and mortgage fees, which is convenient and fast.
After explaining that you can get a local loan when you buy a car in a different place, let's take a look at the precautions when buying a car:
Under normal circumstances, 4s shops are reluctant to sell their cars to foreigners, and even if they want to sell them, they will add thousands of dollars to the difference. However, the strategy of secondary dealers below 4s stores is more flexible and the quotation is lower. As long as you add money, you can buy a car in a different place, so before buying a car in a different place, you must consider whether it is cost-effective.
When you pick up the car, you must confirm whether the car can be successfully licensed locally. At the stage of car pick-up, we must see whether the dealer has issued a unified national formal invoice and vehicle certificate, and whether the after-sales service manual is stamped, so as not to affect the after-sales service.
Before driving on the road, you must apply for a temporary license to cope with the surprise inspection on the road. In addition, with the frame number, you can buy basic auto insurance such as compulsory insurance at the place where you register.
After the above procedures are completed, let's talk about the procedures of playing cards in different places. This is the most important question after buying a car in a different place. Can I get a loan? According to national regulations, vehicles can be licensed at any vehicle management office as long as they have formal and complete procedures and certificates. These licensing fees can be handled by dealers or by themselves.