The second-hand car loan process is as follows:
1. Apply for a loan
When consumers decide to buy a car, they first need to go to the bank outlets for consultation. The special dealers recommended by the consultation outlets buy the models and the total amount of the car, fill in the materials for applying for a loan to buy a car and submit them to the dealers for preliminary examination, including loan contracts such as bank loan materials and automobile consumption loan application forms.
2. Pay the down payment and sign a car purchase contract.
The bank shall, within fifteen working days after accepting the loan application, notify the car buyers who meet the loan conditions to sign the second-hand car consumption loan contract. After the borrower pays the down payment, he signs a car purchase contract with the dealer, and the insurance company handles the corresponding auto insurance.
3. Loans will be issued after bank review.
After receiving the loan notice 15 days, the special dealer will hand over the customer's car purchase invoice, payment document and driving license (copy) to the bank. The bank issues loans to borrowers after customers have gone through the formalities of property insurance.
4. The dealer delivers the vehicle.
After the bank lends money to the car dealer, the car dealer will go through the intermediate procedures such as vehicle entering the factory, licensing and auto insurance, and deliver the car to the buyer at the agreed time.
Extended data:
Conditions for handling the transfer of used cars:
There are legal sources and procedures, no records of bank pledge and seizure, no records of traffic violations and accidents not handled, no records of arrears, and complete certificates.
Materials and certificates required for the transfer of used cars:
New owner's ID card, original/copy of vehicle driving license, motor vehicle registration certificate, motor vehicle inspection form and invoice. All of the above are required to provide the original. The specific required materials are mainly provided by the vehicle management office.