You can also get a loan to buy a used car. The valuation of this car is between 800,000 and 800,000. There are requirements for buying a used car loan. The longest loan period for a used car is three years, and the car is not more than seven years. Moreover, the borrower must pay more than 50% down payment.

Material formalities: ID card, household registration book, housing certificate, income certificate (monthly income must be twice the monthly repayment amount), two one-inch recent photos, marriage certificate and spouse certificate if the car buyer is married. You can go directly to the bank.

Extended data:

Five transfer points:

First, the production certificate should have the stamp number, engine number and registration date on the legal production certificate, which are all points that need special attention. In addition to verification, we should also pay attention to whether there are traces of alteration, which can basically be equated with a trading trap.

Second, the vehicle purchase tax must check the original vehicle tax bill. Some cars have not paid the purchase tax before. After the transfer, these unpaid and tax-free vehicles will be required to pay the purchase tax. This is a huge expenditure, so it is necessary to determine who will pay for it.

Third, there is basically no loophole in the content of road maintenance fees. As long as you pay attention to the payment voucher, the period of road maintenance fees is clearly recorded and can be avoided. (Now the road maintenance fee has been cancelled)

Four, insurance transfer procedures should be cleaned up in time to avoid unnecessary trouble when making claims.

Five, the vehicle itself is mortgaged, and the supervised vehicle is prohibited from trading. Vehicle information can be inquired through the vehicle management office.

Reference link: Baidu Encyclopedia-Used Car

Used car loans can be divided into several years.

Usually, the longest loan period for second-hand car loans is 5 years. Different lending institutions have different periods. In addition, the second-hand car loan also requires that the age of the car should not exceed 7 years, and the down payment of the car buyer must be above 50%. Used cars applying for loans also have a limited service life. Generally, the service life of a used car applying for a loan cannot exceed 5 years, and then you cannot apply for a used car loan.

Car loan refers to the loan issued by the lender to the borrower who applies for buying a car.

The actual interest rate of car loan is set by the handling bank according to the actual situation of customers and with reference to the benchmark interest rate stipulated by the central bank. There are three types of car loans: direct, indirect and credit card. The term of car loan is generally 1-3 years, and the longest is no more than 5 years.

Type of automobile loan

Car loan personal loan car purchase business is divided into direct customers, indirect customers and credit card car loans. The direct customer type is generally a bank car loan for customers to meet directly, and the indirect customer type is generally a car loan from an auto finance company to a customer car loan.

The fees charged by banks for direct car loans include deposit, principal and interest, and 3% guarantee fee. And the bank's premium customer fees will be discounted, but the preferential policies of each bank are different.

In addition to the above fees, personal auto financing companies also need to bear supervision fees, fleet management fees and warranty renewal deposits.

And credit cards, car loans. Credit card installment car loan only provides installment payment for bank credit card users, not all conditions can be handled, and there is an audit procedure, which is difficult for credit card users with bad credit records.

The specific steps of buying a car by credit card in installments are roughly as follows:

1. The cardholder (or applicant) calls the bank's credit card center or goes to the local bank to find out whether he can apply for a credit card car loan.

2. The cardholder will fill in the installment order of car purchase at the dealer with his ID card, and the bank background will review it.

3. After the order is approved, the cardholder pays the down payment and goes through the normal car purchase procedures.

4. After the vehicle is licensed, the cardholder needs to go to the bank to go through the mortgage formalities and purchase the required auto insurance.

Finally, I can drive the car away smoothly.

Letter of credit clause

1. Have valid identification and full capacity for civil conduct;

2. Can provide a fixed and detailed address certificate;

3. Have a stable occupation and the ability to repay the loan principal and interest on schedule;

4. Personal social credit is good;

5. Holding a car purchase contract or agreement approved by the lender;

6. Other conditions stipulated by the Cooperation Organization.

How many years can second-hand car loans last?

Used car loans can last up to three years.

Borrowers applying for second-hand car loans can apply for a loan period of up to three years, and the shortest period is several months, depending on their financial ability. Generally, the down payment for second-hand car loans cannot be less than 50% of the total car purchase price, and the total loan amount is between 40,000 and 3 million yuan. In addition, used cars applying for loans are also limited in service life. Generally, the service life of a used car can't exceed 5 years, and then you can't apply for a used car loan.

Used car loan requirements:

1. The owner of a motor vehicle shall be a natural person under the age of 60 with full capacity for civil conduct. 2. Good credit.

3. Have a fixed job or a stable income. 4. The owner of the motor vehicle shall be the same as the lender himself. You can only apply for a second-hand car loan if you are fully qualified.

Problems existing in automobile loan

After the motor vehicle completes the loan, the missing procedure is the motor vehicle registration certificate, which is kept by the lending institution and returned after the motor vehicle owner pays off the loan. After the return, the motor vehicle officially belongs to the owner of the motor vehicle.

After all the motor vehicle loans are paid off, you need to bring the motor vehicle registration certificate to the local vehicle management office or the traffic management department of the public security organ for mortgage cancellation. After the formalities are completed, the ownership of the motor vehicle will be owned by the owner and can be sold.

The People's Bank of China and the China Banking Regulatory Commission stipulate that the maximum loan ratio for self-use traditional power vehicles is 80%, and the maximum loan ratio for commercial traditional power vehicles is 70%. The maximum loan ratio for self-use new energy vehicles is 85%, and the maximum loan ratio for commercial new energy vehicles is 75%; The proportion of second-hand car loans is up to 70%.

The application process of second-hand car loan is:

1. The borrower first goes to a second-hand car dealer to buy a car, and then applies for a loan in the bank after determining the model to be purchased;

2. Fill in the loan application form and submit relevant materials;

3. The bank conducts an audit;

4. After the approval, the borrower signs a second-hand car loan contract with the bank to handle insurance, mortgage and other handling fees;

After the formalities are completed, the bank will lend money to the second-hand car dealer. After the loan funds arrive, the borrower can pick up the car.

The materials needed to apply for a used car loan generally include ID card, work certificate, income certificate, car purchase invoice, driving license, car purchase contract, etc.

How many years can second-hand car loans last? Can I buy a used car?

How many years can second-hand car loans last?

According to the website information of each bank, if a borrower applies for a mortgage loan with a used car as collateral, the longest loan period can reach three years and the shortest loan period is three months. The borrower can choose the length of installment payment according to his own situation. Of course, insurance companies will also consider the borrower's repayment ability comprehensively when reviewing loans.

If you want to apply for a second-hand car loan, financial institutions will evaluate the vehicle in the form of a specific asset appraisal company. After obtaining the analysis report issued by the asset appraisal company, the borrower's installment time, loan application amount and bank loan interest rate can be distinguished. As for the bank loan interest rate, although both new cars and used cars are based on the benchmark loan interest rate of the People's Bank of China, the bank loan interest rate of used cars is higher than that of new cars under the same premise because of their certain age.

In the case of registering a second-hand car loan, the borrower needs to provide his ID card, household registration book, residence permit, personal income certificate and other specific materials. In addition, if the borrower is married, he needs to provide the other half of the information to the bank. In line with the loan policy, the financial institution shall notify the borrower to sign the loan agreement and related guarantee contract within 15 working days after applying for the loan.

Can I buy a used car?

Cars that cannot be transferred and notarized are not recommended. Your property can only be counted when the car is transferred. Nine times out of ten, used cars that can't be transferred are problematic, and it is very inconvenient to go through the formalities later, which is easy to cause problems. Naturally, if you can go to the notary office with the owner of the original driving license and explain the signing of the order contract and the division of accident responsibility in the future, you can buy it. However, be cautious. Before signing a contract with the driver, consult the local notary office (which is definitely illegal).

Applying for second-hand car transfer can legally transfer the ownership of the car and ensure that the source of the car is reasonable and legal. Therefore, it is best not to buy a car that cannot be transferred or notarized.

10 used cars that cannot be transferred, please choose carefully!

The first category: used cars during the pledge period.

The original driver pledged the car because of insufficient funds, and only pledged the performance right of the car during the pledge period, not the right to use the car. Vehicles that are being mortgaged or have passed the mortgage period but have not been lifted are not allowed to apply for transfer.

If the vehicle is mortgaged by the people's auction, the vehicle management office can handle the transfer of the vehicle only after obtaining the vehicle registration certificate, license plate and vehicle driving license.

The second category: illegally modified cars.

Second-hand cars that are modified, modified or changed without approval with net load weight and total number of passengers shall not be transferred. Because the transfer of used cars requires inspection, it will be difficult to transfer if the original owner illegally modifies the car parts. Then if it is the transformation of the vehicle management office, it is illegal for industry and commerce to change cars. If it can be transferred, customers can buy it with confidence.

The third category: traffic violations, the perpetrators did not deal with the conclusion.

After the car accident, a driver of a private car hit and run, and the hit and run car is put on file, so it is not easy to allow transfer. In addition, the car is illegal and unprocessed, and it is not allowed to transfer. This is just a traffic violation. After solving the traffic violation, the transfer can be normal.

The fourth category: cars that have reached retirement age.

Family cars (except pickup trucks as family cars) have long been scrapped, but the mileage of cars has reached more than 600,000 kilometers, and the traffic control department dmv will guide the scrapping. Generally, pickups are damaged by 15. Friends who want to buy second-hand pickups need to pay attention to the service life of the car.

Category 5: the new car is less than three months old.

The new car is not allowed to be transferred within three months. Some people need to sell a new car less than three months after buying a car. Such things are not transferable.

Category VI: Cars with frozen accounts.

There are many divorces now, or illegal things have been done. When people had received a request to freeze their car ownership, he took the opportunity to sell the car at a low price. Such things are not transferable.

Category VII: Imported supervised vehicles that have not been eliminated during the customs supervision period.

Category VIII: Used cars that have moved in cannot be transferred if they do not meet local regulations.

Vehicle management methods and policies vary greatly from place to place. For example, some big cities in the northern region, dmv, do not allow the transfer of national four standard cars. When buying a used car, you must pay attention to this. Ask the vehicle management office if it can transfer ownership before buying, in case it can't transfer ownership after buying.

Category 9: Used cars that have changed hands many times and don't know the original owner information.

The original owner's information is not optimistic, and he changed hands many times, which is likely to be stealing a car. If you are put on file by the police station, you will not only be taken away, but also be fined.

Category 10: Used cars without compulsory insurance and annual inspection cannot be transferred.

You can't transfer the car without paying the compulsory insurance and annual inspection, but as long as other documents are complete, there is almost no problem in buying it back.

What is the longest term of second-hand car loan, and how many years of second-hand car loan? This concludes our introduction. I wonder if you found the information you need from it?