You don't need a China Merchants Bank card, you can apply for a car owner loan, you don't need to stop and install GPS, and you can lend money in real time for up to 3 years and up to 300,000. You can choose the repayment method of equal principal and interest, paying interest first and then paying principal. To apply, you need to download China Merchants Bank Pocket Life APP.

You can also apply for a personal automobile mortgage, apply for the purchased car as a mortgage, or use China Merchants Bank credit card to buy a car (local China Merchants Bank is required).