Auto finance is a new choice for car purchase, that is, loan car purchase. There are many loan methods for auto financing, among which the services provided by auto financing companies shall prevail, and you can freely choose the appropriate one according to your own needs.
The conditions for an auto financing company to apply for auto loans are as follows: 1. Ask for the identity card, household registration book, marriage certificate, bank account or salary certificate of the head of household; 2. According to the model you bought, some of them need real estate license, guarantor, etc. 3. Car buyers must be at least 18 years old; If they go to the bank for a loan to buy a car, they need to provide a guarantee approved by the bank. If the personal account of the car buyer is not local, it is necessary to provide joint and several liability guarantee, and the bank does not accept the mortgage set by the car buyer with the loan. The car purchase process of an auto financing company is 1. After preparing the supporting materials for the appeal. Choose a car model in a 4S car shop. 3. Fill in the loan application form of the auto financing company and provide relevant supporting materials. 4. Waiting for the approval of the auto financing company. 5. Approval from the finance auto company. 6. Sign car purchase contracts and car loan contracts. 7. Pay down payment and vehicle purchase tax. 8. Handle new car registration, mortgage registration and other related procedures. 9. Pick up the car and repay it on schedule according to the loan contract.
Which financial company does China Bank car loan correspond to?
Hello, dear, I'm glad to answer your question! At present, financial enterprises that can make car loans and mortgages: platform companies for car loans include: SAIC General Finance, Volkswagen Finance, Dongfeng Motor Finance, Mercedes-Benz Finance, Ford Finance and Toyota Finance.
Financial enterprises that can make car loans and mortgages at present, and their annualized interest rates.
Hello, dear, the following are the related extensions I found for you: financial enterprise 1, BOC e-loan 2, ICBC Rong e-loan 3, CCB express loan 4, ABC online loan 5, Bank of Communications Huimin loan 6, Guangfa e-second loan 7, Puyin point loan 8, China Everbright Bank Guangsu loan 9, Industrial Bank Xingshan loan 10, and China Merchants Bank e-loan.
What about the car loan?
Dear, hello, the following is the related development I found for you: at present, the annualized loan interest rate corresponding to the one-year total interest rate of 3.5% is about 6.5% and 3.8% is about 7%, and the 4%, 4.5% and 5% are 7.4%, 8.3% and 9.3% respectively. At present, the mainstream one-year car loan interest rate is between 3.5% and 5%, and the corresponding annualized loan interest rate is between 6.5% and 9%.
The platform companies for auto loans are: SAIC-GM, Volkswagen, Dongfeng, Mercedes-Benz, Ford and Toyota.
I work in Ping An Pratt & Whitney, mainly providing car loans and mortgage services. I want to know which companies are our competitors (peers).
Ping An Pratt & Whitney's main competitors in the financial market are regional banks and financial technology companies.
ICBC Technology, Societe Generale Digital Gold, Tencent Cloud, Du Xiaoman and the vast number of technologies.
What conditions do auto financing companies need for loans?
The loan conditions of an auto financing company require the lender to be at least 18 years old, with stable income, good personal credit information, no other large loans and a stable address. The demand for car loans is increasing year by year, and most users have the demand for car purchase. There are also many ways to borrow money to buy a car. Users can apply for loans from bank loans, auto financing companies, credit card installment payments and auto financing companies.
The following are the detailed conditions required for auto financing companies to provide loans:
1. The lender is a natural person with independent civil capacity over 18 years old.
2. The lender has a stable working income and a certain economic ability, and can bear the monthly payment of auto loans.
3. The lender's personal credit status is good.
The address of the lender is fixed.
Except car loan, the lender has no large debts.
Applicants who need to apply for loans from auto financing companies must meet the above conditions. In the strict loan business of auto financing institutions, the applicant must also meet other conditions required by the lending institutions. If the auto financing company needs a guarantor, the applicant should provide a guarantee or guarantee.
Generally speaking, as long as the job is stable, people above 18 can apply for loans. Ordinary car loans are handled by credit card installment, and users can apply as long as the monthly repayment amount does not exceed 50% of their income.
What are the company names of the car loan platform?
Car loan platform companies are: SAIC-GM, Volkswagen, Dongfeng, Mercedes-Benz, Ford and Toyota.
Automobile industry has long been the pillar industry of China's economic development, because the whole vehicle manufacturing industry chain is long and wide, which has a great promoting effect on stimulating economy and consumption. During the 20 19 session, the government work report emphasized the promotion of domestic demand and the stabilization of automobile consumption, which once again clarified the pillar position of the automobile industry. Auto finance means that when consumers need a loan to buy a car, they can directly apply for preferential payment from auto finance companies, and they can choose different models and different payment methods according to their personal needs. Compared with banks, auto finance is a new choice for car purchase. At present, there are five ways of personal automobile consumption loan: bank, auto financing company, auto factory finance company, credit card installment car purchase, and auto financing lease.
1) bank car loan
Procedures: you need to provide household registration book, real estate license and other information, and usually you need to use the house as collateral, find a guarantee company to guarantee, and pay the deposit and handling fee.
Down payment: Generally, the down payment is 30% of the car price, and the loan period is generally 3 years. Need to pay a deposit of about 65,438+00% of the car price and related handling fees.
Interest rate: the bank's car loan interest rate is determined according to the bank's interest rate.
2) Auto Finance Company
Procedures: car buyers do not need to provide any guarantee, as long as they have a fixed occupation and residence, a stable income and repayment ability, and good personal credit.
Down payment: the down payment ratio is low and the loan time is long. The minimum down payment is 20% of the car price, and the longest life is 5 years, without paying the mortgage fee.
Interest rate: The interest rate of auto financing companies is usually higher than that of banks.
Companies: SAIC General Finance, Volkswagen Finance, Dongfeng Motor Finance, Mercedes-Benz Finance, Ford Finance and Toyota Finance.
3) Automobile Factory Finance Company
Procedures: You need to provide mortgage guarantee for the purchased vehicle. The applicant should have a stable occupation, domicile and repayment source, and have a good credit record.
Down payment: the minimum down payment is 20% of the car price, and the longest period is 5 years.
Interest rate: The interest rate is usually slightly higher than that of banks and slightly lower than that of auto financing companies.
Companies: SAIC Finance Company, FAW Finance Company, GAC Huili, etc.
4) Buy credit cards in installments
Car purchase by credit card installment is a credit card installment business launched by banking institutions. The credit limit that the cardholder can apply for is 200,000-200,000; There are three stages: 12 months, 24 months and 36 months. There is no loan interest rate for buying a car by credit installment, and the bank only charges a handling fee. The handling fee rate is different in different installments.
5) Car financing lease
Financial leasing is a modern marketing method that relies on cash installment payment. On this basis, it introduces the separation of ownership and use right in leasing services, and the ownership is transferred to the lessee after the lease ends.
Procedures: the threshold is low, no mortgage is needed, and non-local accounts are also acceptable.
Down payment: the down payment ratio is low and the loan time is long. The minimum down payment is 20% of the package price (vehicle purchase tax insurance), and the longest period is 5 years, without paying the mortgage fee.
Interest rate: Financial leasing companies customize different interest rate schemes according to different customers and modes. Usually higher than banks, but some models have manufacturers' support policies, which can reach the lowest market price.
Property right: There are two ways: direct lease and leaseback. The property right of the direct-rental car belongs to the financial leasing company, and it will be transferred when the lease expires.