Buying a car with a loan is becoming a mainstream way of buying a car. As a consumer, choosing a car mortgage needs to consider not only the down payment and interest, but also other expenses. Only by calculating the cost can we make the loan car purchase more clear. So, what are the costs of buying a car with a loan? The expenses for car purchase by loan include: down payment for car purchase, new car insurance, notarized mortgage, licensing fee, performance bond and credit fee. 1, car down payment fee This should be the biggest and most basic loan for car buyers. The down payment fee for the loan car purchase fee is generally 40% of the car price. High-income customers of institutions or large companies can be appropriately relaxed to 40%. 2. New car insurance expenses New car insurance expenses mainly include compulsory insurance expenses and commercial auto insurance expenses. Compulsory traffic insurance is compulsory insurance for the country, and every owner has to pay it, and the price is unified throughout the country. Commercial auto insurance costs, such as car damage insurance, three-way insurance, vehicle attendant liability insurance, etc., are complicated to calculate because of many types of insurance involved, and are linked to factors such as car price and region. New car owners can use the online free auto insurance calculator to charge. 3. Notarization mortgage fee Fair mortgage fee includes notarization fee and mortgage fee. Generally speaking, the fair mortgage fee for handling vehicles is about 1000 yuan. There is not much money, but you have to pay basically everything. 4. License fee The license fee is the fee for handling a car license. If you choose to handle it yourself, you don't have to. Generally speaking, the cost of new car registration mainly includes the cost of online inspection of new cars, the cost of rubbing photos and the cost of new car license plates, which add up to about one yuan. However, for first-tier cities with limited licenses such as Beijing and Shanghai, the license fee is an unpredictable figure. The last license in Shanghai may cost tens of thousands, and the license in Beijing is not expensive, but it is difficult to shake the number. 5. Performance bond The performance bond is the deposit required for the loan to buy a car. After the mortgage is completed, the money will be fully refunded. Vehicles under 300,000 yuan will be charged 3,000 yuan. For some car owners, after paying off the loan, they often forget to get the money back. I would like to remind all car buyers not to forget. 6. Credit Fee The credit fee for auto loans is generally charged at 65,438+0% of the loan amount, which varies from region to region.

Second, what is the charge for buying a car with a loan in a 4S store?

Handle loan and car purchase procedures.

1, pre-loan investigation, the loan applicant carefully fills in the Pre-loan Pre-examination Form and submits it to the bank for preliminary examination.

2. The bank initially completed the loan qualification examination of the applicant through the "Pre-loan Pre-examination Form". For applicants who meet the bank loan standards, the bank informs the loan applicants to prepare personal loan application materials.

Materials for handling loan and car purchase procedures

1, personal loan application;

2. Personal valid identity documents. Including identity cards, household registration books, military officers' cards, passports, and travel passes for compatriots from Hong Kong, Macao and Taiwan. If the borrower is married, the identity certificate of the spouse shall be provided;

3. Household registration certificate or long-term residence certificate;

4, personal income certificate, provide proof of family income or property when necessary;

5. Certificate of intention to buy a car issued by the car dealer;

6. Proof of down payment for car purchase;

7. If the purchased vehicle is secured by other means other than mortgage, the relevant materials of the guarantee shall be provided, including the pledge certificate, the ownership certificate and evaluation certificate of the mortgaged real estate, and the letter of intent for third-party guarantee, etc.

8. If the vehicle purchased by the loan is a commercial vehicle, it is also necessary to provide proof that the purchased vehicle can be legally used for operation, such as the vehicle's affiliation agreement and lease agreement with the transport fleet;

9. The vehicle purchased by the loan is a second-hand car, and it is also necessary to provide a car purchase intention certificate and a vehicle evaluation report issued by an evaluation agency recognized by the bank; Vehicle ownership certificate of vehicle seller, motor vehicle registration certificate of trading vehicle, annual inspection certificate of vehicle, etc.

Four details of handling loan and car purchase procedures

Detail 1: Interest-free car loans are subject to handling fees.

Detail 2: Read the relevant insurance clauses carefully before handling the loan and car purchase procedures.

Detail 3: There are many restrictions on buying a car with a zero-interest loan.

Detail 4: Carefully consider the floating car payment and loan interest rate before going through the formalities of loan car purchase.

The loan to buy a car needs to be handled in accordance with the above procedures. Different banks have slightly different requirements. Please consult the bank that wants to apply for a loan for details.

Methods/steps

1 car loan process:

1, customer application. Customers apply to the bank, fill in the application form in writing and submit relevant materials at the same time;

2. Sign the contract. After the application materials submitted by the borrower are approved by the bank, the two parties sign a loan contract and a guarantee contract, and go through the relevant notarization and mortgage registration procedures as appropriate;

3. issue loans. After all the formalities are completed, the loan approved by the bank will be directly transferred to the car dealer account by the bank according to the contract;

4. Repay on schedule. The borrower repays the loan principal and interest according to the repayment plan and repayment method agreed in the loan contract;

5. loan settlement.

The loan period is usually as short as 6 months and as long as 5 years. Shanghai Industrial and Commercial Bank can extend the automobile consumption loan under the official car reform to 8 years at the longest. The longest loan period of Shanghai Agricultural Bank for self-use vehicles is 5 years, and the longest loan period for operating vehicles is 3 years.

3 The loan interest rate is 4.2% for six months, 4.425% for 1 year, 4.575% for three years, 4.65% for five years and 4.8% for eight years (Shanghai Industrial and Commercial Bank).

5.04% in 6 months, 5.3 1 year, 5.49% in 3 years and 5.58% in 5 years (Shanghai Pudong Development Bank and China Construction Bank).

4 repayment method

For loans with a term of less than 1 year, the principal and interest are generally repaid in one lump sum on the maturity date of the loan, and the interest is paid off together with the principal. There are two main repayment methods for loans over one year, and the calculation formula of monthly repayment interest is as follows:

Matching principal and interest repayment method: total loan amount ×; ; ; Total monthly interest rate loans ×; ; ; Monthly interest rate; ; ; [( 1 monthly interest rate) Total repayment months-1].

Average capital repayment method: loan principal ÷; ; ; Total repayment months (loan principal-accumulated repaid principal amount) ×; ; ; Monthly interest rate.

According to statistics, many consumers prefer to borrow money to buy a car. Before buying a car with a loan, you need to fully understand relevant knowledge.

3. What are the fees for buying a car with a loan? Please help.

If you plan to borrow money to buy a car, you probably need to pay five fees: down payment, insurance premium and notarization fee.

Fee 1: down payment = house purchase price ×30% (the down payment ratio of each bank is not exactly the same, generally 30%).

Expense 2: Insurance premium = accidental injury insurance of the borrower (the first beneficiary is the bank), auto-ignition insurance of stolen emergency vehicles, and third-party liability insurance of vehicle damage insurance. The insurance premium is 3 years according to the payment period, so the 3-year insurance will be paid in one lump sum)

Fee 3: notarization fee for loan contract (charged by notary office, slightly different from place to place).

Fee 4: Vehicle mortgage fee (charged by vehicle management department, slightly different from place to place).

Expense 5: Other expenses.