1. When signing an auto loan contract, users must pay attention to the loan amount, loan term and loan interest rate, and sign after confirming that the above information is correct.
To apply for a car loan, it is necessary to provide bank running water, and the monthly income of running water must pass the customs, otherwise it will be suspected that the repayment ability is insufficient and the loan will not be approved.
2. The bank's approval of loans mainly depends on the monthly incoming and outgoing accounts and balances in the bank's daily account, especially the monthly entry amount is the most critical, one is fixed and the other is continuous, which mainly means that the monthly amount is fixed and lasts for at least 6 months. According to the loan amount, there is a requirement for the monthly operating amount, which depends on the loan term and monthly payment.
The longest term of many car loans is 3 years, and some can reach 5 years. In the case of 0 down payment, if you take out a car loan of 6.5438+0.4 million yuan for 3 years, the monthly repayment principal is at least 38,889 yuan, plus the handling fee is about 5,000 yuan. According to the principle of car loan approval, the income is required to be not less than twice the monthly payment, and the monthly running amount is at least 6,543,800 yuan.
However, if the income is not high, try to reduce the loan amount from the down payment, and the requirements for the amount of running water will also be reduced.
4. The down payment ratio of car loan is not less than 30%, that is, the minimum down payment for car loan of 1.4 million yuan is 42,000 yuan, and the maximum loan amount is 98,000 yuan. After three years of loan, the monthly principal is 2722 yuan and the handling fee is 3000 yuan, so the operating amount is at least 6000 yuan, which many borrowers can do.
The amount of car loan card generally refers to the amount specially used for car purchase. When a general user applies for car purchase by installment with a credit card, the bank will give him a car loan credit card with a special car purchase quota, and the user can directly swipe the card to pick up the car. When the user pays off the car loan, the bank will re-approve the credit card amount, and the user can use the car loan credit card for consumption and cash withdrawal normally.
There is no interest on buying a car by installment with a credit card, only the installment fee. Compared with buying a car by loan, the procedure of buying a car by installment with credit card is simple and the processing time is shorter.