Pay the down payment after the loan is approved.

A loan to buy a car requires a down payment. The specific process is as follows:

1, the applicant should apply for a car loan. After you are optimistic about the vehicle you want to buy, you need to fill out the Application Form for Automobile Consumption Loan and the Credit Status Questionnaire, and submit them to the loan bank together with the relevant certificates of your personal situation.

2. After receiving the application, the bank will investigate and approve the applicant before the loan. After approval, the bank will inform the borrower to fill in various forms, as well as loan contracts, guarantee contracts and mortgage contracts, and go through mortgage registration and insurance procedures.

Finally, the bank issues loans.

4. The borrower will pay the down payment to the car dealer, and handle the car pick-up formalities with the passbook and car pick-up slip issued by the bank.

Extended data:

First, the application conditions for loan to buy a car

1, with 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.

Second, the application method

In order to increase car sales, the government and financial institutions jointly launched a personal loan car purchase business. At present, there are two main ways to buy a car with personal loans in the market finance industry.

1, it's a real estate mortgage loan to buy a car (using real estate as collateral). Generally speaking, a car can be purchased with a mortgage loan of up to 5 years, with a down payment of over 30%. The interest rate is mainly determined by your loan type and your personal qualifications.

2, personal credit loans to buy a car (unsecured and unsecured, generally require you to have good credit and stable work income), this form of loan to buy a car can generally be loaned for 5 years, with a down payment of more than 30%.

According to the summary of the conditions of major banks, the general conditions for buying a car by loan are as follows:

1, with 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.

Automobile loan application materials:

1, original ID card, residence booklet 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 qualifications required by banks or lending institutions.