To apply for automobile mortgage, the borrower must meet the following conditions:
(1) Borrower 18-65 years old, with full capacity for civil conduct;
(2) Full ownership of the vehicle;
(3) Having a fixed job and residence;
(4) Have the ability to repay the loan principal and interest in full and on time.
(5) The age of the vehicle shall not exceed 5 years (subject to the date of first registration), and the number of kilometers shall not exceed 6,543.8+0.5 million kilometers.
The loan process is as follows:
(1) The borrower applies to the lending institution and provides relevant loan materials;
(2) The evaluation agency evaluates the vehicle;
(3) signing a loan contract and changing the insurance;
(4) install GPS
(5) granting loans;
(6) The borrower repays the loan in full and on time until the loan is settled.
How to apply:
First, consult the local automobile mortgage application institution.
Ask your local bank or lending institution if you can apply for automobile mortgage without stopping. Most companies that can apply for a car loan can apply for a car mortgage without taking a car, but before doing so, you should consult clearly.
Second, prepare the relevant application materials for automobile mortgage.
After selecting the applicant that can apply for automobile mortgage, you can prepare the materials for applying for automobile mortgage. Generally, you need ID card, household registration book, work certificate, income certificate, bank account, automobile registration certificate, driving license, etc.
Third, go through the relevant procedures in automobile mortgage.
Handle the relevant loan procedures. After preparing the information, apply for a loan from the local loan company or bank, submit personal data, and it is possible to go through the loan procedures after the bank has approved it. Generally speaking, some lending institutions will charge some fees, such as car price evaluation fees and GPS installation fees. , need the attention of the borrower.