With the improvement of people's living conditions, many people have begun to plan to buy cars. However, because the car price is often hundreds of thousands or hundreds of thousands, most people can't take it out at once, so they will choose bank loans. Today, let's introduce which banks can handle car loans.

1, ICBC auto loan

ICBC has two loan models, direct customer loan and indirect customer loan. The difference is that direct customer loan refers to the borrower applying for auto loan directly from the bank, and indirect customer loan refers to the borrower applying for loan through the auto dealer. It is suggested to go to the bank directly to consult related matters.

2. Bank of China

China banks with more domestic outlets can also provide car loan services. The general customer loan amount is 60% of the total car price, which can reach 70% with guarantee and the term is three years. The loan amount for high-quality customers is 70% of the total car price, and the loan period can reach 5 years. If you save a lot, buy BOC investment and wealth management services, or have a mortgage, you are more likely to become a quality customer.

3. Agricultural Bank of China

Agricultural Bank of China can provide loans to China citizens and foreigners who have lived in China for more than one year. The loan amount is 80% of the car purchase price, and the loan period is as long as 5 years. If it is a commercial vehicle, the loan amount is 60% of the purchase price, and the loan period is up to 3 years.

4. China Construction Bank

The auto loan of China Construction Bank also divides auto loans into two types: self-use cars and commercial cars. The loan amount for self-use automobile shall not exceed 80% of the price of the purchased automobile, and the longest period shall not exceed 5 years. Commercial vehicle loan amount shall not exceed 70% of the purchase price, and the longest term shall not exceed 3 years.

Which bank has the lowest car loan interest rate?

Car loan interest is related to many factors and can be selected according to the following. If the car loan time is less than 1 year, China Bank is the first choice, followed by China Construction Bank and Ping An Bank; Generally speaking, Ping An Bank has the lowest car loan interest rate, which can be given priority.

Among several banks, the highest car loan interest rate is China Construction Bank; China Bank's car loan conditions are strict, so it is not necessarily the first choice.

The car loan interest rates of different banks are different, and generally fluctuate according to the benchmark interest rate of central bank loans. The benchmark interest rate is as follows: the loan interest rate is 4.35% within one year, 4.75% within one to five years, and 4.90% for more than five years.

Calculation formula: car loan interest = loan amount * annual interest rate * term. Banks also need to combine personal credit, bank/store preferential activities, down payment ratio, etc. Therefore, it is necessary to determine which bank car loan is the most cost-effective according to the actual situation of the owner.

For example, what is the 3-year interest on a car loan of 654.38+ 10,000 yuan? Mr. Li applied for a car loan of 654.38 million yuan in a bank and chose to pay it off in three years. The approved loan interest rate is 4.75%. According to the above formula for calculating the car loan interest rate, it can be concluded that the final car loan interest rate is100000x4.75% x3 =1422.

The process of bank loan to buy a car is as follows.

1. After the car buyer selects the vehicle to be purchased, he prepares relevant materials and applies for a car loan from the loan bank; 2. The loan bank conducts examination and investigation according to the submitted application materials; 3. After approval, the borrower signs a loan contract with the loan bank; 4. The borrower shall go to the local vehicle management office for mortgage registration; 5. The loan bank issues the loan, and the borrower takes the relevant certificate to the dealer to pick up the car.

Which bank is the best for car loan mortgage?

Car mortgage loans can be made by most banks, such as China Construction Bank, Industrial and Commercial Bank of China and Agricultural Bank of China. Users can directly apply for vehicle mortgage loans as long as they meet the loan conditions. As for whether it can pass the audit, the results of the bank audit shall prevail. For users, automobile mortgage needs to mortgage the vehicle to the bank, so the vehicle must meet the mortgage conditions.

Users who own vehicles or apply for car loans can apply for automobile mortgage. The former is generally a mortgaged vehicle or a mortgaged motor vehicle registration certificate.

Extended data:

Matters needing attention in automobile mortgage:

1. Due to the rapid depreciation of a car and the high probability of encountering a traffic accident, which easily affects the value of the car, the loan evaluation price is generally not particularly high when applying for a loan for a mortgaged car, which is generally around 50% to 80%.

2. Car mortgage is often used for short-term turnover. If you need a long-term loan, it is not recommended to apply for a car mortgage.

3. If the motor vehicle owner mortgages the motor vehicle, he shall apply for mortgage registration at the vehicle management office at the place of registration.

4. Some cars don't need to put the car in the lending institution, but only put the green paper, the so-called "car-free pledge card", and then install the GPS positioning system on the car, and the car can still be used normally.

5. Customers had better choose to go to the bank for auto mortgage, or choose a formal consumer financial institution with a financial license approved by the CBRC. Never go to an unknown loan company, which will easily lead to loan fraud or fraud, resulting in financial losses.

Vehicle mortgage loan process:

To handle the vehicle mortgage loan, the lender first needs to apply to the lending institution, and then prepare the corresponding materials according to the requirements of the lending institution. After the approval of the lending institution, if it passes, the vehicle mortgage formalities will be handled and the loan will be made after signing the contract.

If the vehicle is still mortgaged, then the lender needs to consult the lending institution, and in this case, whether the loan can be made. Generally speaking, mortgaged vehicles can also be loaned, but vehicles still have loan scope and need to be evaluated by relevant institutions.

If my car doesn't apply for a mortgage, it must be approved by the owner. In this case, more materials are needed to apply for a loan, and the procedures will be more troublesome. You can consult relevant lending institutions for details.

After handling the mortgage loan, the lender needs to repay the loan according to the contract, otherwise it will have a serious impact on the lender's credit information. If the contract exceeds the limit within the time limit, the lending institution still has the right to terminate the contract in advance, and the consequences are more serious.