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How long can I get the car with the loan? Can I pick up the car on the day of the loan?
Nowadays, the auto loan business between banks and auto financing companies is undoubtedly a substitute for full payment, and more and more consumers tend to buy cars by means of loans. Then there will be consumers who want to know how long the loan will take to get the car. This is through the process in banks or auto financing companies or 4S stores. Under normal circumstances, you can't pick up the car on the day of the loan, because the 4S shop still needs to wait for the lending institution to credit the loan into the account first, and then the consumer can pick up the car after confirming the receipt. After preparing the information, consumers apply for loan business from lending institutions, and the waiting time is basically to see how fast the lending institutions review. Due to the high threshold of bank loans and strict examination, it takes 1-3 working days at the earliest, and generally takes one week at the longest. If you buy a car in full, it is very likely that you can pick it up on the same day. However, the review of auto financing companies is slightly looser, so the speed of reviewing loan applications is faster and consumers wait shorter. But you can't pick up the car on the day of the loan. 4s documents that must be given for loan: car purchase invoice, certificate of conformity, vehicle registration certificate, three-guarantee certificate, vehicle manual, new car delivery confirmation form, etc. For details, please consult the 4s shop. Of course, the owner will be informed to pick up the car at the designated place with the corresponding information.