Although I am smart, it is really hard for me to say so.

2. What is the age limit for car loans?

It is stipulated that the age of the borrower when handling the car loan is 18 years old, and the age plus loan period is less than 65 years old. Usually, the term of car loan is 1 to 3 years, and the longest is 5 years. The maximum loan amount shall not exceed 80% of the total market price of the purchased vehicle. The above is the relevant content of the age limit for car loans.

What are the conditions for car loan?

1. Car buyers should be 18 years old or above and be China citizens with full capacity for civil conduct;

2. Car buyers need to have a relatively stable job and relatively stable economic benefits or property that is easy to realize, so as to repay the loan principal and interest on time;

3. During the loan application period, the car buyer deposits a down payment lower than that required by the bank in the account for bank deposit;

4. Provide bank-approved loan guarantees to banks. If the individual household registration of the car buyer is not local, it is also necessary to provide joint liability guarantee;

5. Other conditions clearly put forward by the bank and considered necessary.

This article mainly writes about the age limit of car loan, and the content is for reference only.

Third, can you apply for a car loan in your 40 s?

The average borrower needs to be between 18 and 55 years old.

However, although the bank stipulates that the age is within this range, most people who have just turned 18 still cannot get loans. The main reason is that its repayment ability is not stable enough. However, if the borrower has enough information to prove that he is 18 years old and has the repayment ability, he still has the opportunity to apply for a loan.

To apply for a car loan, theoretically, the applicant 18 years old or above can apply if he has a stable job and income. However, many banks or auto financing companies stipulate that to apply for auto loans, the applicant must be at least 22 years old and not more than 60 years old.

Applying for a car loan at the age of 20 is relatively young for a lending institution. When applying for a loan, it is best to have a real estate or a guarantor (or a third-party guarantee) as a guarantee, so it will be easier to apply for a car loan.

Generally speaking, it is not easy to apply for a car loan in a bank because the requirements are very high. However, individuals can choose to apply for a car loan from a local auto financing company, or go to a local store in 4S to buy a car with a credit card. As long as the applicant has enough down payment, repayment ability and good credit record, it can be handled.