2. Many auto shops will jointly launch interest-free loans with banks to buy cars without interest, and only need to repay the principal of the bank. Buying a car at zero interest rate is just a promotion method, mainly aimed at unsalable models or stock cars. If you have requirements for car models, buying a car at zero interest rate may not be suitable for you. At present, there are two common loan methods in the market, namely "1-3 years interest-free loan method" and "13 months interest-free loan method".
3. Apply for personal car loan from China Merchants Bank, there is no handling fee, and only loan interest is generated. There are two kinds of "personal car loans" that can be handled by China Merchants Bank card: ① Consumer loans are used to buy cars and need to mortgage real estate with full property rights; (2) Personal car loan, you need to apply for mortgage with the purchased vehicle. Note: For both kinds of car loans, you need to buy a brand-new non-operating car in your name (second-hand cars are not accepted for the time being), and generally you need to pay more than 30% down payment yourself (down payment is not allowed).
First, the process of loan to buy a car
1. You need to book a car before you go through the loan process. You should negotiate specific preferential policies with the sales staff of 4S stores, including car price concessions, gifts or decorations, and other expenses. These must be confirmed and a car purchase contract signed first. Because there are some differences between buying a car by loan and buying a car in full, you should ask carefully during the negotiation stage.
2. Submit the loan procedures. At present, there are two loan procedures. -Generally, loans are needed: husband and wife's identity certificate (ID card or temporary id card), driver's license (I or my spouse, student ID card, driving school license and driving school invoice are all acceptable), marriage certificate (marriage certificate, divorce certificate and single certificate) and real estate license (real estate license, house purchase contract/invoice, village committee homestead certificate, etc.). ), etc. The down payment ratio is high and relatively simple. Generally, only one ID card is needed. If you borrow money from a bank, it will generally be the first information requirement, and most car manufacturers' own financial companies will generally adopt the latter simple model.
3. Waiting for approval. After the loan procedures are submitted, the bank, the manufacturer's finance or the third-party finance will generally examine and approve the qualifications of the loan applicant. Approval is generally divided into online approval and offline approval. If online approval is carried out, the loan applicant will be called to inquire about matters such as car purchase and personal work, and then decide whether to pass; However, qualified applicants (such as civil servants, employees of public institutions, people with good personal credit records, etc.). ) will pass directly and automatically without contacting the customer. Offline approval is generally a home visit, and the staff of the financial company actually go to the home or work of the loan applicant but actually visit to check the specific situation. This kind of offline home visit will only be taken if the loan applicant's qualification is not very good.
4. Pay the down payment. After the loan is approved, it is necessary to pay the down payment to the 4S shop first, then the 4S shop will issue a down payment receipt, and finally give the down payment receipt to the bank or financial company to wait for the loan.
5. borrow money to pick up the car. After paying the down payment, the bank or financial company will lend the money to the 4S shop or the loan applicant himself, so that the car can be insured normally and the car can be picked up on the invoice.