How many times can I apply for a car loan?
Many young people will think of getting a car loan when they plan to buy a car. According to Bian Xiao's understanding, car loans do not mean that you can borrow several times. You can apply for a loan to buy a second car as long as you meet the bank loan conditions.
Advantages and disadvantages of handling auto loans:
1. Compared with bank auto loans, the threshold and procedures for applying for auto financing company loans are more convenient. The lender needs to provide copies of ID card, household registration book, marriage certificate, real estate license and other materials, as well as proof of residence and income. Loans from auto financing companies generally do not need local accounts or guarantees, and can be handled in 4S stores.
2. Compared with auto financing company loans and credit card installment auto loans, bank auto loans are more autonomous. Lenders can apply for bank car loans no matter which brand or model they want to buy, and the repayment method is flexible.
3. Different from auto financing company loans and bank auto loans, credit cards need to pay interest when buying cars in installments. There is no interest on buying a car with a credit card, but the lender needs to pay a certain installment fee. However, not all models can get loans in this way. Lenders can only choose several cooperation modes between their banks and auto companies.
Million car purchase subsidy