About 50,000 vehicles can be loaned, and the specific process is as follows:

There are two ways to apply for a car loan:

Personal credit loan to buy a car (unsecured, generally requires you to have good credit and stable work income), or real estate mortgage loan to buy a car (using real estate as collateral). Personal credit loans to buy a car can generally be borrowed for 5 years, with a down payment of more than 30%. Generally, a car can be mortgaged for up to 5 years with a down payment of more than 30%. The interest rate is mainly determined according to your loan type and your personal qualifications.

General conditions for applying for a car loan

(1) has valid identification and full capacity for civil conduct;

(2) Can provide a fixed and detailed address certificate;

(3) Have a stable occupation and the ability to repay the loan principal and interest on schedule;

(4) Personal social credit is good;

(5) Holding a car purchase contract or agreement approved by the lender;

(6) Other conditions stipulated by the Cooperation Organization.

Application materials for ordinary automobile loans

(1) Original ID card, household registration book or other valid proof of residence, and provide its copy;

(2) proof of occupation and economic income;

(3) car purchase agreement, contract or letter of intent signed with the dealer;

(4) Other materials required by banks or lending institutions.