It usually takes half a month to buy a car with a loan.

After the approval, the customer also needs to sign a loan contract at the business outlet of the bank (auto consumption finance company) within the agreed time, handle the mortgage and other related procedures, and then enter the lending process. It usually takes three to seven working days from car loan approval to loan release.

If the car loan approval result is delayed or the loan is delayed after the car loan approval, the customer can take the initiative to call the handling bank (auto consumption finance company) to consult the customer service.

Loan car purchase process

1. First, find financial institutions willing to provide loans. Many brands of cars have their own financial companies, and if there is no dealer, they will recommend them.

2. Find the financial institution that provides the loan, and then prepare the financial proof materials, including: real estate license, work certificate, social security certificate, household registration book, ID card, personal credit certificate issued by the People's Bank of China, and personal account of the bank in the last three months.

3. The whole loan approval process takes about 15 working days. Some vehicles need to pay part of the down payment, so you need to prepare some cash.

Now the price of vehicles is relatively cheap, and many people have little pressure to borrow money to buy cars, so it is very common to handle them, so it takes a short time. However, for those who are not clear, you should carefully look at the content of this article to be more clear. Please consult a professional lawyer if you have any other questions.

How long does it take to buy a car with a loan?

It usually takes about half a month to buy a car with a loan.

Loan purchase process:

1. Find a financial institution willing to provide loans. Many brands of cars, such as Volkswagen and Nissan, have their own finance companies. If there is no dealer, they will recommend it.

2. Find a financial institution that provides loans and prepare financial proof materials, including: property certificate, work permit, social security certificate, household registration book, ID card and personal account of the bank in the last three months.

3. The whole loan approval process takes about 15 working days. Some vehicles need to pay part of the down payment, so we need to prepare some cash.

Extended data:

The simple and popular understanding of loan is to borrow money with interest.

Loan is a form of credit activity in which banks or other financial institutions lend monetary funds at a certain interest rate and must return them. Loans in a broad sense refer to loans and interest subsidies? A general term for borrowing funds such as overdraft. Banks put concentrated money and monetary funds out through loans, which can meet the needs of social expansion and reproduction and promote economic development. At the same time, banks can also obtain loan interest income and increase their own accumulation.

How long does it usually take to approve a car loan?

Car loans can generally be approved in about 7 working days. If you choose the manufacturer's finance when buying a car, the audit speed will be faster, and it will usually be completed on the same day.

Car loans are generally easier to pass than other loans, because the loan amount of car loans is relatively lower than other loans (housing loans), and people with fixed jobs and incomes can generally afford it, unless you are too capricious when choosing a car, which is beyond your tolerance.

But the audit speed will also be affected by many factors. For example, if the information you provide is incorrect, it will delay a lot of time. Secondly, Bank of China will call you to pay a return visit to the car loan. If there are mistakes in the return visit, it will also affect the approval speed and even the audit results.

If the car loan bank does not approve it, it may be caused by several reasons.

1. The loan amount is too large, and the bank thinks you can't repay it.

2. Poor credit information. If you have ever defaulted on your credit card for more than two times in five years, the bank has a good chance to refuse your loan.

3. The spouse's credit information is poor, and the credit information of the married spouse is also one of the factors considered by the bank.

4. There are too many debts. If you owe too much, the bank may refuse your loan, and even if you don't refuse, it may reduce the loan amount.

Monthly repayment accounts for more than 50% of your monthly income.

When buying a car, you must first understand the relevant car loan policy in advance. If the car loan fails unfortunately, you should reflect on your possible problems. If the bank loan is not enough, you can also choose car dealer finance or car loan company. The repayment mechanism of car loan companies is more flexible than that of banks, but the rate will increase accordingly.

Supplementary knowledge about buying a car with a loan;

First, the process of applying for a loan to buy a car:

1. The borrower submits the loan application materials to the bank;

2. The bank conducts a preliminary examination of the application materials submitted by the borrower;

3. The bank conducts credit investigation and customer evaluation on the borrower;

4. The bank examines and approves the loan application that meets the loan conditions through preliminary examination and credit investigation;

5. If it is approved, notify the borrower to go through relevant procedures such as signing, lending, mortgage or pledge; If it fails to pass the examination and approval, it shall explain to the borrower;

6. After the loan contract comes into effect, the handling bank will issue loans. Special loan method is adopted, that is, according to the loan contract, the handling bank directly transfers the loan to the dealer account of the borrower's car purchase.

Two, the basic conditions for applying for automobile mortgage are as follows:

1./kloc-citizens over 0/8 years old with full capacity for civil conduct.

2. Have legal identity documents, local permanent residence or valid residence certificates.

3 loan individuals should have stable professional and economic income or assets that are easy to realize, enough to repay the loan principal and interest on schedule.

4. The lender's own funds are sufficient to pay the down payment for car purchase stipulated by the Construction Bank.

5. The lender must provide a guarantee recognized by the bank.

6. The lender is willing to accept other conditions deemed necessary by the bank.

How long can the car loan be approved?

It usually takes 1-3 days to approve. Bank car loan processing flow: 1. Fill in the bank car loan application form, provide relevant information proof, bank credit investigation and qualification examination; 2. Inform the lender to sign the loan contract, mortgage contract, guarantee contract, mortgage registration and insurance and other related procedures; 3. When issuing the loan, the lender pays the down payment to the car dealer, and goes through the formalities of picking up the car with the bank documents.