The conditions of car loan depend on the type of loan, and generally three ways of car loan are adopted.

1, bank car loan:

You need the car buyer's household registration book, marriage certificate, ID card, education certificate, copy of real estate license, residence certificate, original income certificate, etc. And you also need a car dealer or a third party to guarantee and pledge. Some banks even have restrictions on applicants' occupations, such as requiring civil servants and lawyers. The procedure is complicated, but the interest rate is low, and the interest rate rises slightly on the benchmark interest rate, which is 6. 15% in three years.

2. Credit card installment:

The examination and approval procedures are relatively simple. In addition to basic materials such as identity certificate and income certificate, the most important approval is the credit record of the cardholder. Only cardholders with good credit records can qualify for staging. If the term is shorter, the interest rate will be lower. Take the automobile installment payment business of CCB Longka Credit Card as an example, there is no need for guarantee and agency fee. The total customer only needs to bear 3.7% of the 12 installment (i.e. 1 year), 7.2% of the 24 installment (i.e. 2 years) and 65,438 of the 36 installment (i.e. 3 years).

3. Loans from auto financing companies:

The interest rate is high, but the conditions are relaxed and the procedures are simple. The loan interest rate provided by auto financing companies often varies according to the loan term and the down payment ratio of car buyers.

Specifically, you can go directly to the bank or auto financing company for consultation.