SAIC General Motors Finance is the first auto finance company in China. Many car buyers can apply for a car loan by filling in relevant information in the company's official website, which is very convenient and quick. To apply for a loan from SAIC-GM-Finance Company, you must first go to SAIC-GM-4S shop to select a designated vehicle type before you can enjoy its loan service. Secondly, fill in the loan application form of SAIC General Motors Finance Company and provide relevant supporting materials. After that, you can wait for the company's approval procedures. After SAIC General Motors Finance Company has passed the examination, you can sign a car purchase contract and a loan contract. After signing the contract, pay the car down payment and purchase tax, then go through the formalities of new car registration and mortgage registration, and finally pick up the car and repay it on time according to the loan contract. Only after the car loan is paid off can the borrower issue a loan settlement certificate, and then the green copy of the car can be successfully retrieved.

SAIC General Finance is a financial company that issues credit loans. Credit loan refers to the loan issued by the borrower's credit, and the borrower should not provide any guarantee. However, if some people want to get a car loan through the bank, the procedures are not only complicated, but also the waiting time is long. At this time, SAIC locomotive finance brought convenience. After the car buyer handles the car loan with the finance company, the vehicle registration certificate is kept by the finance company, and the finance company issues the car loan to the car buyer through the credit loan.

The finance company will receive repayment from the car buyers every month. If the buyer can't repay the car, the car will be mortgaged to the bank for auction. In addition, financial companies make their market value and assets bigger and bigger by absorbing a large number of users and investors.

There are many ways of automobile loan for SAIC Finance Company, including equal principal and interest repayment method, average capital repayment method and balloon loan method. Among them, the monthly repayment amount of equal principal and interest is the same, and the repayment amount of average capital will decrease month by month, while the balloon loan mainly provides less monthly payment and final payment. The three methods need to be selected according to their own actual situation.