1. I want to apply for a loan to buy a second-hand car. Is it easy to apply for a loan?

Applying for a loan is not that easy. To buy a second-hand car with a loan, you must first be able to get a loan successfully for second-hand cars. Generally, an appraisal price is required. Between RMB 80,000 and RMB 800,000, vehicles less than 7 years old will be considered. Andaike reminds you that the down payment for buying a second-hand car will be higher than that of a new car, and most requirements must not be less than 40% of the appraised price. Whether the application for a second-hand car loan is successful depends on the personal conditions that cannot be ignored: the borrower should have a fixed job and stable income, be free of excessive overdue payments, and have guaranteed repayment. If the loan amount is large, be sure to have collateral (for example, a longer loan period.

2. How to apply for a second-hand car loan

Second-hand car loan process: 1. Buy a second-hand car Consumers go to the bank to consult the second-hand car sales agency that sells cars, and recommend special dealers that have signed the "Second-hand Car Consumer Loan Cooperation Agreement" with the bank; 2. Sign a car purchase agreement and select the second-hand car to be purchased at the car sales office. Sign a car purchase agreement with the dealer to specify the model, quantity, color, etc.; 3. Apply for a loan. The necessary materials for applying for a loan include: personal loan application, valid ID, proof of occupation and income, basic family situation, car purchase agreement, and guarantee. Required supporting documents and other conditions stipulated by the lender; 4. After the bank accepts the loan application, it will notify the car buyer and sign a second-hand car consumer loan contract with the borrower who meets the loan conditions; 5. Sign the contract if the applicant meets the loan conditions , the bank will sign a loan contract and related guarantee contract with it. During the process of applying for a second-hand car loan, the customer must bring all the information, including a copy of the vehicle registration certificate, a copy of the vehicle driving license, a copy of the original owner’s ID card and contact information. A copy of the car purchase contract (with official seal), a power of attorney for a second-hand car and a photo of the vehicle.

3. I want to take a loan to buy a second-hand car.

Yes, my bank offers a 4.8% discount. Low interest,