Whoever borrows money to buy a car will settle down, and whoever borrows money will bear the responsibility for repayment. As long as the repayment is made on time, the source of funds is not important. Now most of the loans for buying a car are made by the same person. If they don't belong to the same person, the risk will be great, which is not allowed by law. Because the car loan and the owner are not the same person, it is very likely that there will be a breach of contract during the repayment period, which may even lead to the car being mortgaged by others. Therefore, in order to avoid various risks, lending institutions generally do not approve such loans.
At present, one person can handle two car loans at the same time. If there is already a car under the owner's name in the loan state, it is no problem to get a loan to buy a car at this time. Need to meet certain requirements, but also need to consider the pressure of monthly supply. Usually, the total monthly repayment should be less than 50% of the monthly salary. If this standard is exceeded, the loan may not be approved.
The loan to buy a car mainly means that the motor vehicle registration certificate of the car is used as collateral and placed in the lending institution. However, it should be noted that the car and driving license are still in the hands of the owner. After full repayment in the later period, the owner needs to go to the lending institution in time to understand the mortgage procedures, so that the vehicle will truly belong to him.
After buying a car with a loan, is this car in the name of the bank? It's not in my name?
After buying a car with a loan, is this car in the name of the bank? It's not in my name?
After buying a car with a loan, the car is in a personal name.
Automobile loan information:
Valid identification of oneself and spouse;
Proof of occupation, position and income of oneself and spouse;
Marriage certificate (unmarried certificate is required, except those who have not reached the legal age for marriage) and household registration book;
Original identity card, residence booklet or other valid residence certificate, and provide a copy thereof;
The car purchase agreement, contract or letter of intent signed with the dealer;
Deposit or payment certificate of the down payment;
The supporting documents or materials required for the guarantee;
Other files required by the cooperation organization.
Isn't it worthwhile to borrow money to buy a car?
The loan needs to pay interest. To try the monthly payment and interest information for reference, please open the following link:: cmbchina. /cmbwebpubinfo/cal _ loan _ per . aspx？ Chnl=dkjsq tries to use the benchmark interest rate of the current loan to try monthly payment. (You can view information such as monthly payment, monthly payment principal, monthly payment interest, principal balance, total interest and total repayment).
Is it necessary for a bank loan to buy a car?
Choose according to your own needs, not all! From the above, we can see what is all risks and what is not. Because you borrow money from the bank to buy a car, the more the bank buys for you, the better. It's you, the insurer.
Is it a liar to borrow money to buy a car?
No, some car dealers have cooperation agreements with banks to help consumers borrow money from banks with car dealers as guarantees. After the loan is completed, the car money will be directly transferred from the bank to the car dealer's account, and the consumer will return the money to the bank according to the terms of the loan.
Is buying a car by mortgage a loan?
Yes, to successfully apply for a loan, you need to meet the standards set by the bank. The following is the information that must be provided to buy a car by mortgage.
1. Original ID card, household registration book or other valid residence certificate, and provide a copy;
2. Proof of occupation and economic income;
3 car purchase agreement, contract or letter of intent signed with the dealer;
4. Other archival materials required by the Cooperation Organization.
After providing these procedures for buying a car by mortgage, you need to meet some other conditions before you can apply for buying a car. I hope I can help you. Thank you.
Is it interest-free to borrow money to buy a car now?
The wool is on the sheep, and I am not interested in buying a car. The cost of obtaining license insurance will be higher, and there will be a handling fee.
Will the bank give me the money first and then I will pay it back?
First, the county-level bank gives you a credit card, and then reports it to the provincial bank for approval of the credit line (this line is the last payment of your car loan). It will be activated after the approval, and then you will go to the car dealership to brush the final payment. After that, you will use this credit card to make monthly repayment (only during the repayment period), and you can use this card flexibly after the loan is repaid.
Is it zero interest to buy a car with a loan?
Loans to buy a car have zero interest, but the following points should be noted:
Many "zero down payment car purchases" are just a scam. Deception refers to luring customers with "zero down payment" as a gimmick, then luring them to raise funds with vehicle mortgage loans, and at the same time impounding cars. When you realize that you have been cheated, you will eventually find that your car is gone and you still have a large bank loan. In fact, the minimum down payment for new car loans is 20%, and new energy vehicles can be as low as 1.5%. It is illegal to buy a car with a down payment of 0;
Behind the advertisement of 0 interest rate, some manufacturers directly give discounts to car buyers. This situation is no problem. But some people pass the interest on to other expenses. Therefore, buying a car with a loan with a down payment of 0 interest rate is too many pits and there are many ways to pass it on. There are several common means: _ the car price is high, and the discount range of the car is obviously smaller than that of other 4S stores; Charge fees under various pretexts;
It is not uncommon to bundle sales when buying a car. From after-sales service to auto insurance, to accessories, and so on, car dealers are full of tricks. They will sell high-priced auto insurance and accessories to car buyers at the same time without interest. In order to make up for the loss of interest-free loans to car buyers, car buyers may spend nearly 10 thousand yuan more;
Many users who get car loans through guarantee companies have encountered this problem. They clearly paid off the loan on time, but when they went to the guarantee company, they would tell them for various reasons that the user had breached the contract and the deposit could not be returned. This truth is hard to prevent. So be sure to confirm in advance.
Loan to buy a car, is the car purchase invoice in the bank?
Buy a car with a loan, and buy a car.
Is the invoice in the bank?
Yes,
Some banks have to put pressure on it.
Is it much more expensive to buy a car with a loan?
China Merchants Bank's credit card has "easy car purchase", that is, our bank provides a certain amount of installment quota according to the credit status of credit card holders to meet the needs of cardholders to buy designated brand cars during the disposal period of designated dealers. Cardholders can repay the car purchase money in monthly installments only by paying a certain handling fee, which is a new car loan model that can fully reduce the repayment pressure. For the car purchase problem of our bank, you can log on to the credit card website and click "loan installment"-"car installment" to inquire.
Car installment (car purchase) business only charges a handling fee, and cardholders can enjoy interest-free service as long as they repay in full and on time every month, and the handling fee is shared. Due to different brands and cooperation modes, the number of installments, handling fee rate and down payment ratio will be different. For details, please refer to the credit card website for more preferential activities. Click here for trial calculation:. cmbchina。 /fincredib/common/calculator。 Aspx car installment monthly payment and interest rate.
Who is the person who borrowed money to buy a car?
1. Who owns the vehicle during the loan period?
The bank borrowed money to buy a car, and before the loan was repaid, the ownership belonged to the owner and the bank.
To apply for mortgage registration according to Article 23 of the Regulations on Motor Vehicle Registration, the owner of the motor vehicle shall fill in the application form, which shall be jointly applied by the owner of the motor vehicle and the mortgagee, and submit the following documents and vouchers:
(a) the identity certificate of the motor vehicle owner and the mortgagee;
(2) Motor vehicle registration certificate;
(three) the main contract and mortgage contract concluded by the motor vehicle owner and the mortgagee according to law.
The vehicle management office shall, within one day from the date of acceptance, review the submitted documents and vouchers, and annotate the contents and date of mortgage registration on the motor vehicle registration certificate.
Second, who is the person who borrowed money to buy a car?
At present, most loans to buy a car are reserved for ownership. Before the consumer pays the full amount, the ownership of the car is mortgaged and does not belong to the user. It is precisely because of this that consumers are often deceived by car dealers who lack integrity.
1, go through the formalities and find a reason to raise the price.
When you are ready to pick up the car, all the formalities have been completed, and the car dealer requires the consumer to pay a certain amount of cash on the basis of the original car payment before picking up the car. The dealer will give many reasons, such as the price increase of the car during the full payment period, or the failure to complete some formalities within the specified time. Don't be fooled by them.
Some dealers cheat extra money by "stitching".
Remind you, before buying a car, you must choose and understand the formal auto sales and auto finance guarantee companies to handle automobile mortgage business, and get to know the reputation and strength of mortgage and sales companies on the spot through various channels. Why? Because there are some "sewing" people wandering in the market at present, they have neither credit qualification nor car source, and they want to make a profit in this area, so they take consumers to a car dealer with credit qualification to handle some related matters of car installment payment procedures. However, dealers use the difficulty of loan procedures and the complexity of calculation methods to deliberately overcharge consumers and earn ill-gotten gains. In this way, "sewing" personnel can earn a net commission from consumers.
Some car dealers cheat consumers into signing blank contracts.
Now some car dealers take advantage of consumers' lack of legal knowledge to deceive consumers into signing blank contracts. Suppose that when the consumer goes to the dealer to go through the formalities of buying a car, the dealer verbally tells the consumer that he only needs to pay 25% down payment and only borrow 40 thousand yuan, provided that the consumer signs a blank contract. However, after the completion of consumer loan procedures, when consumers saw the credit contract, they found that the loan amount was different from the previously promised price.