If mortgage is adopted (securities and certificates of deposit are used as collateral to apply for loans), or banks and insurance companies provide joint liability guarantee, the maximum bank loan shall not exceed 80% of the car payment; If the purchased vehicle or other property is used as collateral to apply for a loan, the maximum bank loan shall not exceed 70% of the purchase price;
If a third party (except banks and insurance companies) guarantees to apply for a loan, the maximum bank loan shall not exceed 60% of the purchase price. The auto loan interest rate shall be implemented according to the loan interest rate for the same period stipulated by the People's Bank of China, and the term of personal loan shall not exceed 5 years at the longest.
To apply, an individual must meet the following conditions: a natural person with full capacity for civil conduct; Have a local permanent residence and valid residence status, and have a fixed residence; Have a legitimate occupation and a stable source of income, and have the ability to repay the principal and interest of the loan on time; Hold the car purchase agreement and contract signed with the dealer, and the car purchased must be the designated car brand of the dealer designated by the bank; Being able to provide bank-approved property mortgage, pledge or third-party guarantee. If it is a third-party guarantee, the guarantor must be an individual and unit with compensatory ability and joint liability recognized by the loan bank; If the buyer is a husband and wife or all members of the family, they must apply together on site. If one party cannot be present for any reason, it shall fill in the power of attorney and sign and seal it. There is a car purchase amount of not less than the down payment in the loan bank; Other conditions stipulated by the lending bank.