Auto loan refers to the loan issued by the lender to the borrower who applies for buying a car, also known as auto mortgage. So what documents do you need for a car loan? There are three kinds of car loans: personal car loans, enterprise car loans or family car loans. Different names require different documents. Personal automobile consumption loan: resident ID card, household registration book, marriage certificate, valid income certificate (tax bill, salary slip, passbook, etc.). ).) or other valid proof of income source, proof of whether there is a prescribed proportion of down payment, and proof of guarantee materials approved by the bank. Corporate automobile consumption loan: business license of enterprise as a legal person or license of public institution as a legal person, legal person code certificate, legal representative certificate, legal representative ID card, company financial certificate, and down payment certificate for car purchase. Automobile consumption loan: in addition to the applicant's relevant loan certificate, it is also necessary to provide the spouse's relevant certificate.
What are the procedures for buying a car with a loan?
Materials required:
1, valid personal identification.
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, proof of spouse's identity shall be provided.
2. Household registration certificate or long-term residence certificate.
Personal income certificate, family income or property certificate when necessary.
3. Certificate of intention to buy a car issued by the car dealer.
Proof of down payment for car purchase.
4. If the purchased vehicle is secured by other means other than mortgage, relevant materials for the guarantee shall be provided.
5. Including the certificate of pledge of rights, the certificate of ownership and evaluation of mortgaged real estate, and the letter of intent for third-party guarantee.
Loan to buy a car process:
1. Handle mortgage loan business.
Generally speaking, 4S stores will recommend some mortgage business, which can be selected according to the specific situation, or you can contact the bank yourself.
2. Fill in the loan qualification form.
Including banks that want mortgage loans, signing bank loan guarantee contracts, and applying for notarization, we also need to submit mortgage registration applications.
3. You need to sign an auto insurance policy, and these materials need to be handed over to the back office staff.
Then find an insurance company to issue a policy, and the bank will collect the down payment according to the sales agreement.
4. Go to the car dealership to pick up the car, and you also need a certain fee when you get the license.
5. Repay on time. Pay the money to the bank on time every month, and don't overdue it, otherwise your personal credit will be affected.
Extended data:
Several forms of car loan:
1, personal credit loan to buy a car
Personal credit loans do not need mortgages and guarantees to buy a car. This pays more attention to personal credit, can't have bad records, and have a stable job.
2. Buy a car with a real estate mortgage.
As the name implies, buying a car by mortgage means that you can get a loan only if you have a house. Generally speaking, the longest loan can be 5 years, but generally speaking, 4S stores now lend for 3 years, with a down payment of more than 30%.
3, credit card installment car purchase
Credit card installment is suitable for consumers who lack a small amount of car purchase funds, because the amount and repayment interest rate are greatly limited.
4. Bank personal car loan
The interest rates of China's four major banks (China, agriculture, construction and industry) are relatively high, but they fluctuate slightly on the basis of the central bank's benchmark interest rate, and the audit procedures require lenders' professional income and credit.
5. Loans from auto financing companies
Auto finance pays more attention to the lender's personal credit, education and income. The loan conditions are relatively loose, but the interest rate is relatively high and the approval time is relatively long. Flexible repayment, simple procedures and faster lending.
6. Manufacturers and banks cooperate in car loans.
This situation is more common in the cooperative business between finance companies and automobile manufacturers, where the manufacturers provide discounts and handling fees, bank operation approval and loan procedures, and it is more common in the preferential policies of "low down payment and zero interest rate" posted by 4S stores.