In fact, the owner and the loan applicant may not be the same person, but if they are not immediate family members, they will basically not approve them, and they must mortgage.

The owner and the loan applicant may not be the same person, but if they are not immediate family members, they will basically not approve the loan, and they must mortgage. The guarantee between friends is very risky, so we can only find a financial company and bear high interest.

Applicants should apply for a car loan. After you are optimistic about the vehicle you want to buy, you need to fill out the Application Form for Automobile Consumption Loan and the Credit Status Questionnaire, and submit them to the loan bank together with the relevant certificates of your personal situation.

After receiving the application, the bank will investigate and approve the applicant before the loan. After approval, the bank will inform the borrower to fill in various forms, as well as loan contracts, guarantee contracts and mortgage contracts, and go through mortgage registration and insurance procedures. Finally, the bank issues loans.

The borrower will pay the down payment to the car dealer, and handle the car pick-up formalities with the passbook and car pick-up slip issued by the bank.

Must the car loan and the owner be the same person?

The car loan and the owner must be one person, which means that the owner needs to go to the bank to handle the corresponding loan procedures. If the lender and the owner are not the same person, the risk will be great, which is not allowed by law.

The car loan and the owner are not the same person, which is prone to the risk of default in the repayment process and the mortgage of the car by others. In order to avoid risks, lending institutions will not approve such loans. If the payer fails to repay the loan on time, the bank or other financial institution will deal with it according to the breach of contract.

Procedures required for handling auto loans:

1. First choose your favorite vehicle online, and then call the 4s shop to make an appointment to see the car. There is no problem without making an appointment, but after making an appointment, sales can better arrange the test drive of the vehicle and avoid the embarrassment of not being able to test drive at that time.

2. Discuss relevant configurations, offers, gifts, etc. with the sales staff. , let the sales staff calculate the price. After there is no problem, the relevant information of the car buyer will be provided to the dealer, and the dealer will conduct a preliminary review. After approval, you will get a letter of intent to buy a car.

Take this letter of intent to apply for a loan from the bank.

4. It usually takes about 7 working days to wait for bank review. If you want to be faster, lending institutions can choose factory finance, which can generally be reviewed within one day.

Pay the down payment in the 4s shop, and then you can drive a new car.

Finally, I want to remind you that when you face the dealer's "0 down payment" car purchase policy, you must first understand clearly that there may be some routines or traps.

Must the loan contract and the car purchase contract be the same person?

In principle, it cannot be the same person, because the counterpart of the loan contract is a credit institution such as a bank, and the counterpart of the car purchase contract is a vehicle dealer. However, in practice, credit institutions such as banks that issue loans will not lend for no reason. Since it is a car loan, car buyers generally need to borrow money by themselves, but if others have enough credit or mortgage, they will also lend money (sign a loan contract).

Legal analysis

Car purchase contract is a formal purchase and sale contract signed by buyers and sellers, and it is the basis for ensuring the rights and interests of both dealers and consumers. A loan contract refers to an agreement that a financial institution, as a lender, accepts the borrower's application to provide a loan to the borrower, and the borrower repays the loan principal and pays the loan interest at maturity. The loan contract of financial institutions is a kind of loan contract, which has the following characteristics: (1) paid financial institutions issue loans with the intention of obtaining corresponding business profits. Therefore, while obtaining loans from financial institutions, borrowers should not only undertake the obligation to repay the principal on time, but also pay interest to lenders as agreed. The obligation to pay interest is the consideration for borrowers to use loans from financial institutions, so the loan contract of financial institutions is a paid contract. At this point, this contract is different from the loan contract between natural persons. The latter is a free contract. If the parties have no agreement or unclear agreement on the payment of interest, it shall be regarded as not paying interest. (2) The loan contract of a financial institution shall be in written form. If the contract is not in written form and there is a dispute between the two parties, the contractual relationship shall be deemed to be invalid. If there is no dispute between the two parties or one party has fulfilled its main obligations and the other party accepts it, the contract is still valid. In form, the contract is also different from the loan contract between natural persons. For a loan contract between natural persons, the parties may agree not to use a written form. (3) A loan contract of a non-profit financial institution can be established after both parties reach an agreement through consultation. If it is established according to law, it will take effect immediately. When there is no special agreement between the two parties, the establishment and effectiveness of the contract need not be based on the delivery of the lender's loan, so the loan contract of a financial institution is a commitment contract. The loan contract between natural persons is different, and the contract takes effect when the lender provides the loan.

legal ground

Article 490 of the Civil Code of People's Republic of China (PRC) stipulates that if the parties conclude a contract in the form of a contract, the contract shall be established when the parties sign, seal or press their fingerprints. Before signing, sealing or stamping, one party has fulfilled its main obligations, and the contract is established when the other party accepts it. A contract shall be concluded in written form as stipulated by laws, administrative regulations or agreed by the parties. If the parties do not do this in writing, but one party has fulfilled its main obligation and the other party has accepted it, the contract is established.

Can the lender who borrows money to buy a car be different from the owner?

No, the loan must be provided by the owner.

If you are married, you can apply for a co-payer in the bank.

1, apply for car loan. After the applicant is optimistic about the vehicle to be purchased, he/she needs to fill in the Application Form for Automobile Consumption Loan and the Credit Information Questionnaire, and submit them to the loan bank together with the relevant certificates of personal situation.

2. After receiving the application, the bank will conduct pre-loan investigation and approval.

3. After examination, the bank will inform the borrower to fill in various forms, as well as loan contracts, guarantee contracts and mortgage contracts, and go through mortgage registration and insurance procedures.

4. Banks issue loans

5. The borrower will pay the down payment to the car dealer, and handle the car pick-up formalities with the passbook and car pick-up slip issued by the bank.

6. In the process of applying for personal automobile consumption loan, the applicant needs a copy of ID card, household registration book, marriage certificate, income certificate, bank statement, real estate license and other procedures.

This concludes the introduction of the differences between car buyers and lenders and the differences between car buyers and lenders. I wonder if you have found the information you need?