What are the procedures for second-hand car loans

Application conditions:. The loan applicant must establish a housing provident fund account for more than 12 months (inclusive), and at the same time pay the housing provident fund in full for more than 12 months (normal payment includes continuous monthly payment, prepayment and supplementary payment of housing provident fund), and be in the state of payment when applying for a loan. With the approval of the center, the employees of the units in deferred payment status can apply for loans if they have established housing provident fund accounts for more than 12 months (inclusive) and paid the housing provident fund in full for more than 12 months (inclusive). The loan applicant can be a retired employee who paid the housing provident fund during his working period.

Can a used car be mortgaged? What is the interest rate?

how much is the mortgage interest on used cars? What are the costs of second-hand car mortgage

Nowadays, cars can be seen everywhere in our lives. It is also a good thing to own a car. Some people will want to borrow one from the second-hand car market, but they should know the interest rate of second-hand car mortgage and the various costs of second-hand car mortgage. The general interest rate will be around 6% to 8%, but there are a lot of expenses involved in this used car.

The loan interest of the second-hand car market is higher than that of the bank's new car loan. Some small-scale financial loan companies may charge higher interest than the general situation, that is, they want to rely on the interest of customers to achieve benefits, and there will be more fees, and there will be more mortgage fees for second-hand cars.

for example, there is notarized mortgage fee: notarized mortgage fee of 8 yuan is required to be paid when handling notarized mortgage of vehicles, and of course there will be a receipt. Mortgage fee: Generally, the mortgage fee is about 3%. Performance fee: Generally, it is charged according to 3% of the loan amount. If it is less than 3, yuan, it will be charged 3, yuan. After the loan is paid off, the deposit should be fully refunded and other expenses.

Detailed process of second-hand car loan

The process of second-hand car loan is as follows; 1. Car buyers go to the banking outlets for consultation, and the outlets recommend special dealers who have signed the Cooperation Agreement on Second-hand Automobile Consumption Loans with the banks. 2. Go to the dealer to select the second-hand car to be purchased, and sign a car purchase agreement with the dealer to clarify the model, quantity and color. 3. Apply for a loan at a bank outlet. The necessary materials for applying for a loan at a bank outlet include: personal loan application, valid identity documents, occupation and income certificates, basic family status, car purchase agreement, supporting documents required for guarantee, and other conditions stipulated by the lender. 4. The bank shall review the user's credit, notify the car buyer within 15 working days after the loan application is accepted, and sign the Second-hand Automobile Consumption Loan Contract with the borrower who meets the loan conditions. The maximum loan amount for second-hand automobile consumption shall not exceed 6%~8% of the purchase price (different banks), and the longest loan period shall not exceed three to five years (different banks, taking Beijing as an example, second-hand automobile loans must be down paid by 5%, and the longest loan period is three years). 5. Sign a loan and guarantee contract. If the applicant meets the loan conditions, the bank will sign a loan contract and related guarantee contract with him. Guarantee method and corresponding procedures: (1) If the user provides a third-party joint liability guarantee method (except banks and insurance companies), the guarantor and the bank sign a guarantee contract, and the insurance company may also provide a joint liability performance guarantee or the bank may provide a letter of guarantee. (2) The user shall sign a mortgage or pledge contract with the bank to guarantee by mortgage or pledge. If the house is mortgaged, it must be appraised and confirmed by the designated appraisal agency, and the bank and the mortgagor shall go through the mortgage registration at the district and county real estate registration office where the house is located, and the contract will take effect after obtaining the title certificate. If it is secured by pledge, the pledge contract will take effect after it is handed over to the bank with the certificate of rights. (3) After the above procedures are completed, the bank shall issue a loan notice to the special dealer in time. (4) If the purchased second-hand car is used as mortgage, the bank shall issue a loan notice to the special dealer in time, and after the purchased second-hand car is licensed, the bank will go to dmv to handle the mortgage registration. 6. Banks issue loans, and users handle vehicle insurance and pick up cars. The special dealer shall hand over the customer's car purchase invoice, payment document and driving license (copy) to the bank within 15 days after receiving the loan notice. Banks issue loans after customers go through the formalities of property insurance. Types of insurance include: vehicle loss insurance, third party liability insurance, burglary insurance and spontaneous combustion insurance. All kinds of insurance period shall not be shorter than the loan period.

What are the procedures for applying for a second-hand car loan?

Subjective law:

There are three points for handling a commercial loan: sign a house purchase and sale contract, and then go to the loan bank for face-to-face signing. Both the buyer and the seller must come to the place at the same time to bring information such as real estate license, land certificate, household registration book, ID card, marriage certificate (married), income certificate (buyer) and bank running water (buyer); The appraisal company will make an appraisal and issue an appraisal report, and then the guarantee company will issue a letter of guarantee to the bank, which will receive it and accept it for approval. After the interview, the bank approval will take about 15 working days. After the approval, the transfer can be carried out. After the transfer, the real estate license will be issued in about 7-1 days, and the land certificate will be issued in about 15 days. After the two certificates are brought out, they will be sent to the bank for mortgage. The buyer must sign the mortgage contract. After signing, the bank will transfer the loan to the seller's account within 3-7 days, and the buyer can get the two certificates.

Legal objectivity:

The materials required to apply for a loan include: the identity card of the car buyer; Household registration book; Housing certificate; Proof of income: the monthly income must be twice the monthly repayment; Two one-inch recent photos. If the buyer is married, he needs a marriage certificate and spouse's certificate. 1. Car buyers go to the banking outlets for consultation, and the outlets recommend special dealers who have signed the Cooperation Agreement on Second-hand Automobile Consumption Loans with the banks. 2. Go to the dealer to select the second-hand car to be purchased, and sign a car purchase agreement with the dealer to clarify the model, quantity and color. 3. Apply for a loan at a bank outlet. The necessary materials for applying for a loan at a bank outlet include: personal loan application, valid identity documents, occupation and income certificates, basic family status, car purchase agreement, supporting documents required for guarantee, and other conditions stipulated by the lender. 4. The bank shall review the user's credit, notify the car buyer within 15 working days after the loan application is accepted, and sign the Second-hand Automobile Consumption Loan Contract with the borrower who meets the loan conditions. The maximum loan amount for second-hand automobile consumption shall not exceed 6%~8% of the purchase price (different banks), and the longest loan period shall not exceed three to five years (different banks, taking Beijing as an example, second-hand automobile loans must be down paid by 5%, and the longest loan period is three years). 5. Sign a loan and guarantee contract. If the applicant meets the loan conditions, the bank will sign a loan contract and related guarantee contract with him.

what are the requirements for applying for a loan to buy a used car?

Second-hand car loan, that is, second-hand car mortgage loan, refers to a loan issued by a commercial bank to an individual borrower, which is used to buy a second-hand car for consumers' own use, and the purchased car is used as loan collateral for mortgage. Although car loans have a long history in people's lives, most of them are new car business, and rarely involve used car loans. With the deepening of people's values on used cars, some consumers began to choose loans to buy used cars.

Application requirements for second-hand car loans

At present, the second-hand car loan business run by banks has higher requirements for borrowers. Generally, borrowers are required to have a proper job, have stable income, have the ability to repay on time and have good personal credit. If you can prove that you own a local property, the borrower's loan application will be more secure. Take Beijing as an example. Applicants must have Beijing hukou, ID card and permanent residence. Need citizens aged 2 to 6; Must have a stable job and a stable income.

the materials required to apply for a loan include: the identity card of the purchaser; Household registration book; Housing certificate; Proof of income: the monthly income must be twice the monthly repayment amount; Two recent one-inch photos. If the buyer is married, marriage certificate and spouse certificate are required.

Let's stop here for the introduction of second-hand car mortgage loans in Beijing.