How to get a loan to buy a car?

The car purchase loan process is as follows:

1. The applicant selects a car at a 4S store, negotiates the price with the dealer, pays the down payment, and then signs a car purchase contract;

2. Go to the lending bank with your car purchase contract, ID card, and real estate certificate, fill out the loan application form, and submit the materials;

3. The bank accepts the loan application and reviews and evaluates the application;

5. The applicant should cooperate with the lending bank to complete follow-up procedures, including mortgage registration and notarization;

6. The lending bank will The money is transferred to the car dealer's account, and the applicant picks up the car at the 4S store.

Further reading

A car loan refers to a loan issued by a lender to a borrower who applies to buy a car. Car consumer loans are a new type of loan method in which banks provide RMB-guaranteed loans to car buyers who purchase cars at their authorized dealers. The interest rate of automobile consumer loans refers to the ratio of the loan amount to the principal of a bank's loan to consumers, that is, borrowers, for purchasing their own cars (non-profit family cars or commercial vehicles with 7 seats or less). The higher the interest rate, the larger the consumer's repayments.

The conditions required for a car loan are:

1. Have a valid identity document and full civil capacity;

2. Be able to provide a fixed and detailed address Proof;

3. Have a stable career and the ability to repay the principal and interest of the loan on time;

4. Have good personal social credit;

5. Hold the loan Car purchase contract or agreement recognized by the person;

6. Other conditions stipulated by the cooperative organization.

Car purchase loan process:

1. Lead the customer to choose a car at the bank’s authorized dealer and sign a car purchase agreement or contract;

2. The borrower applies for the loan Apply for a personal car mortgage loan from the bank;

3. Sign a contract after investigation and approval;

4. Handle car notarization, mortgage and other procedures.

5. The lender handles the loan;

6. After the loan is paid off, the lender cancels the pledge certificate and returns it to the customer.

Potential borrowers

The borrower must be a permanent resident of the location of the lending bank and have full civil capacity.

Term

The term of automobile consumer loans is generally 1-3 years, with a maximum of 5 years. Among them, the loan period of second-hand car loans (including extensions) shall not exceed 3 years, and the loan period of dealer car loans shall not exceed 1 year.

What procedures are required to buy a car with a loan from a 4S store?

Buying a car with a loan from a 4S store does not require a mortgage invoice, but the registration certificate of the mortgaged vehicle.

The process of applying for a mortgage car loan is as follows:

1. Select a car at a bank’s authorized dealer and sign a car purchase agreement or contract;

2. Borrow money The person applies for a personal car mortgage loan from the lending bank;

3. Signs the contract after investigation and approval;

4. Handles car notarization, mortgage and other procedures;

5. The bank lends money;

6. After the loan is paid off, the pledge certificate is canceled and returned to the customer.

Conditions for buying a car with a mortgage:

1. A natural person aged 18-65;

2. Be able to provide proof of a fixed and detailed address;

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3. Have a stable career and income, and the ability to repay principal and interest;

4. Have good personal social credit and no bad credit record;

5. Hold Car purchase contract or agreement recognized by the bank;

6. Other conditions specified by the bank.

Application materials for mortgage and car purchase:

1. Original ID card, household registration booklet or other valid residence documents, and provide their copies;

2. Occupation and proof of economic income;

3. Car purchase agreement, contract or letter of intent to purchase a car signed with the dealer;

4. Other documents required by the cooperative agency.

I would like to ask the 4S store how to get a car loan to buy a car

1. Ask the 4S store about the car models that support car loan purchases, and then choose one of them.

2. Ask which financial institution the 4S store cooperates with for loans.

3. Submit a loan application to the financial institution.

4. The financial institution will review and approve the application.

5. After approval, you can purchase a car with a loan.