Legal analysis: 1. Car owners who apply for car purchase by installment must first prepare the following materials: ID card, loan application form, housing certificate, personal income certificate and guarantor's ID card. 2. In addition, in order to obtain a loan, the applicant should also meet the following conditions: residents with permanent residence in the local area have a fixed residence in the local area; At least eighteen years of age but under sixty years of age; Having the ability to stabilize income and repay loan principal and interest; The third party natural person provides guarantee for repayment of loan principal and interest; During the loan period, the insurance company recognized by the bank must insure the motor vehicle consumption loan guarantee insurance at one time and continuously insure the motor vehicle insurance; Other conditions stipulated by the bank. 3. What are the procedures for buying a car by installment? The most critical part is the process, which includes the following steps: consulting with automobile dealers; Submit the materials that should be submitted to the dealer for preliminary examination; Pay the down payment, choose the car model and sign the car purchase contract; Acceptance and approval of the bank; Handle insurance and other formalities; Go through the formalities at the entrance of the vehicle and deliver the vehicle.

Legal basis: Article 37 of the Law of People's Republic of China (PRC) Commercial Bank, a commercial bank shall conclude a written contract with the borrower when granting loans. The contract shall stipulate the type, purpose, amount, interest rate, repayment period, repayment method, liability for breach of contract and other matters that both parties think need to be agreed.