Is the process of buying a car with a loan complicated?

The process of buying a car with a loan is not complicated at all. It is very simple: 1. First go to the 4S store to determine the car you want to buy and set the price. 2. Then determine the percentage of the down payment based on your actual situation. It can be 30, 40, or 50. This percentage is the price of the car multiplied by this number, and the remaining part is the bank loan; 3. Provide personal ID card, marriage certificate, real estate certificate (if not, a valid formal rental contract is also acceptable). Provide bank statements for the past six months, as well as proof of income. It would be better if you find a person or unit to guarantee it. The loan will be released in about 3 working days. After the loan is released, you can take the car purchase invoice to pay the purchase tax, and then go to the vehicle management office to register and register.

Is it easy to buy a car in installments at a 4S store?

It is easy to handle. Generally, 4S stores are operated by financial companies, not banks, so the approval is faster, and they encourage loans to buy cars, such as one-year interest-free, etc.

When purchasing a car with a mortgage at a 4S store, you should pay attention to one thing: when applying for a loan, you must prepare the required information for the loan, and provide good income proof and other valid financial proof as much as possible to ensure that the loan goes smoothly. After approval.

Car loan types

Personal loan car purchase business is divided into three types: direct customer loan, indirect customer loan, and credit card car loan. The direct customer type is generally a bank car loan where the customer meets directly for the loan, and the indirect customer type is generally a car finance company car loan where the auto finance company transfers the customer to the customer.

For direct bank car loans, the fees collected are deposit, principal and interest, 3 guarantee fees, etc. The fees for high-quality bank customers will be discounted, but each bank's preferential policies are different.

In addition to paying the above fees, a car loan from a Jianke Auto Finance Company also needs to pay regulatory fees, fleet management fees, and warranty renewal deposits

The other is a credit card car loan. Credit card installment car loan only provides installment payment to bank credit card users. It cannot be applied for under any conditions. There is also an review process. It is difficult for credit card users with bad credit records to apply.

The specific steps for credit card installment car purchase are roughly as follows:

1. The cardholder (or applicant) calls the bank's credit card center or goes to a local bank to find out whether it is possible to apply for a credit card car. loan.

2. The cardholder goes to the dealer with his/her identity document to fill out the Car Purchase Installment Order on site, and submits it to the bank's backend for review.

3. When the order is approved, the cardholder pays the down payment and goes through the normal car purchase procedures.

4. After the vehicle has a license plate, the cardholder needs to go through the mortgage procedures with the bank and purchase the required types of auto insurance.

5. Finally we can drive the car away smoothly.

Loan conditions

1. Have valid identity certificate and full capacity for civil conduct;

2. Be able to provide proof of fixed and detailed address;

3. Have a stable career and the ability to repay the principal and interest of the loan on time;

4. Have good personal social credit;

5. Hold a car purchase contract or agreement recognized by the lender ;

6. Other conditions stipulated by the cooperative agency.

Application materials

1. Original ID card, household registration booklet or other valid residence documents, and provide their copies;

2. Proof of occupation and economic income , personal account flow list for the past 6 months;

3. Car purchase agreement, contract or letter of intent to purchase a car signed with the dealer;

4. Other documents required by the cooperative agency .

How many days does it usually take to pick up the car when applying for a car loan at a 4S store?

How many days does it usually take to pick up the car when applying for a car loan at a 4S store?

About a week. Prepare the information first, then sign the contract and pay the fee. If there is an existing car, you can pick it up.

The 4S store helps with car loans. How many days can it take to pick up the car?

Usually about ten days.

How many days does it take from applying for a loan at a 4S store to picking up the car

If you have an existing car, it will take 3-5 working days from the time the bank starts accepting your loan, with the minimum being 3. It takes up to 5 working days to pick up the car. The general process is one day for the bank's preliminary review, one day for the bank's review, and one day for the bank's general review.

If the car is not available and the procedures are completed, you can only wait for the car to be available. There is no fixed time.

The general steps for buying a car with a loan are as follows:

1. Book a car first;

2. Go through the loan procedures at the 4S store: including providing information and signing Loan details;

3. Wait for the bank to give the 4S store the loan consent for this loan;

4. After getting the consent, the 4S store will usually notify the customer to pay the down payment;

5. The customer picks up the car and registers it;

6. The information after registration is mortgaged to the bank;

7. A few days after the mortgage (usually it depends on the bank’s Audit) will pay the money to the 4S store.

How many days will it take at the earliest to apply for an ID card?

The stipulation is 60 days, and the fastest is 45 days

Generally, it takes a few days to pick up the car after paying the full amount, and it depends on the specific situation on the same day

If If a car is available, you can usually pick it up on the same day. If not, it's not necessarily the case. The waiting time is related to the speed of arrival, and it can range from a few days to a month.

How many days does it usually take for a 4S shop to repair a car?

It depends on the condition of the car.

Generally 2 or 3 days is enough.

The car loan has been processed, but the 4S store has not picked up the car yet. Can I get a refund?

Definitely not. Even if you can get a refund, you will be deducted a lot of money, which makes you feel uncomfortable. A good deal and give up on returning the car.

How many days does it take to get a car license from a 4S store?

It usually only takes five to seven working days to complete. After you get the car, After the loan is successfully issued, you can pick up the car only by swiping your card.

4S store loan car purchase process

1. Book a car first

2. Go through the loan procedures at the 4S store, including providing information and signing the loan details

3. Wait for the bank to give the 4S store the loan consent letter for this loan

4. After getting the consent letter, the 4S store will usually notify the customer to pay the down payment

5. Customer Pick up the vehicle registration plate

6. The information after registration is pledged to the bank.

7. A few days after the mortgage, you usually check with the bank. Some banks will transfer the money to the 4S store faster, while others will wait a little longer.

Can I apply for a car loan like this? I plan to pick up the car in a few days

Can I apply?

Is it easy to get a car loan

Question 1: Is it good to get a loan to buy a car? It is not cost-effective to borrow money to buy. There are two types of loans. One is to borrow money from a bank, and the other is to get a loan from a car sales company or a finance company. If you get a loan from a bank, it is okay, but if you get a loan from a finance company, it is not worth it. Buying like that There are too many conditions imposed on you. It's better to save for a while and buy it in full. If the difference is not too much, you can borrow it from friends!

Question 2: Is it good to buy a car with a loan? What are the advantages and disadvantages? Let me give you an example. I bought a new Chevrolet Sail 1.4 ideal version with a down payment of 30% and a 5-year mortgage: the car price was 64,800 yuan, the purchase tax was 4,153 yuan, and I paid 4,320 yuan for full insurance. A down payment of 30% (car body price 648,000.3 = 19,440 yuan), plus registration fees, taxes, and first-year insurance, etc., resulted in a total payment of 32,000 yuan per month (car price included). The monthly payment is 1,035 yuan for five years, and the insurance must be fully insured every year for the remaining four years. Now the monthly gas cost is about 500 yuan (I don’t drive much to and from get off work), and maintenance is done every 5,000 kilometers. It’s been exactly one year since I bought the car, and it’s now 10,000 kilometers. I did two maintenances in one *** , the first insurance is free, and the second maintenance costs 500 yuan (including labor hours).

I don’t know how many years you want to take the mortgage. Mine has been for 5 years and has been capped. Now I can only get a mortgage for 5 years at the longest. The shorter the mortgage term, the lower the interest rate.

I feel that if you don’t have too much financial burden (such as children, mortgage, etc.), you can still buy this car. After all, it is good to have a car, such as occasionally traveling far away with friends, You no longer have to worry about wind and rain when you go out. You can turn on the heater in winter, turn on the air conditioner in summer, etc. All in all, I feel like it was money well spent.

To apply for a loan, you must have a real estate certificate. If you don’t have one, you must find a guarantor who has real estate to guarantee you. You also need to show proof of your income. Your monthly salary must be in the range of 2 times to 4 times the monthly repayment amount.

There is no bad bank credit record, such as a credit card record of your repayment, etc.

4S stores also charge a handling fee of 2,000 to 4,000 yuan.

Question 3: Is it better to pay a lump sum or take a loan to buy a car? Generally speaking, a lump sum payment is easier and more economical than installment payment. But as you said, it takes about half a year, so it will be exactly before the year. During the peak car buying period, car prices are higher than usual and many models have to wait in line. You may not be able to pick up the goods at that time, so I suggest you buy now. The car prices are low and you don’t have to wait. By August 15th and the Chinese New Year, it is convenient to travel and give gifts and save face. As for the car model and procedures, they are both simple. You can know everything by visiting two 4S stores.

Question 4: Is it easy to get a bank mortgage to buy a car? Nowadays, many people have become more aware of the concept of enjoying the car first and paying back later. Many young people will think of getting a car loan when they plan to buy a car. The following is a detailed explanation of the procedures that need to be completed when buying a car with a loan. First of all, you need to understand the basic conditions for applying for a personal car loan:

A citizen who is over 18 years old and has full capacity for civil conduct;

Have a legal identity document, a local permanent residence or Valid residence document.

These are the basic conditions for applying for a car loan. Let’s take a look at the specific procedures required to buy a car with a loan.

The process of applying for a loan to buy a car:

1: The borrower submits loan application materials to the bank;

2: The bank processes the application materials submitted by the borrower. Preliminary review;

3: The bank conducts a credit investigation and customer evaluation of the borrower;

3: The bank approves loan applications that pass the preliminary review and credit investigation and meet the loan conditions;

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4: If it passes the examination and approval, the borrower will be notified to go through relevant procedures such as contract signing, loan, mortgage or pledge; if it does not pass the examination and approval, an explanation must be given to the borrower;

5: Loan contract After taking effect, the handling bank will issue the loan. A special lending method is adopted, that is, according to the loan contract, the handling bank directly transfers the loan to the account of the dealer where the borrower purchases the car.

What you need to know when applying for a loan to buy a car:

1

What you need to know when applying for a loan to buy a car: Interest-free car loan handling fees are not exempt

Nowadays, many auto finance companies have launched interest-free car loans. However, they have different regulations on handling fees. Some need to charge handling fees, and some do not charge handling fees. If the car model you want to buy is interest-free and free of handling fees, it is relatively affordable. If you need to charge handling fees, you must carefully calculate and measure it. The handling fee for a car loan is generally between 4-7% of the total car payment, and the handling fee is paid at the same time as the first monthly payment. If the handling fee is too high, you may wish to consider other types of car loans.

2

Things you need to know about buying a car with a loan: Read the relevant insurance terms carefully before applying for a car loan

Applying for a bank loan to buy a car means that you will not be able to pay back the car before it is repaid. Before clearing the bank loan, the car was mortgaged to the bank. In order to reduce risks, banks generally require the purchase of some car insurance as a condition of the loan in the car loan contract. The premiums of these insurances may not fully meet your requirements, and may even be too high, so when applying for a car loan, you must carefully read the relevant insurance terms and weigh the cost of the car insurance.

3

Three things to know about car loans: There are restrictions on zero-interest loans to buy cars

Many car manufacturers will cooperate with car loan institutions to launch zero-interest loans to buy cars. The activity of buying a car with an interest rate loan is generally only available for mid-to-high-end models.

However, when buying a car with a zero-interest loan, you cannot enjoy the cash discounts on the purchased model, and sometimes the amounts of these cash discounts are quite large. Therefore, if you want to apply for a zero-interest loan to buy a car, you need to comprehensively evaluate whether the total price of the car loan is acceptable.

4

Four things to know when buying a car with a loan: Consider increasing the car payment and loan interest rate

Generally, when it is an interest-free loan, the total car payment will be A certain percentage will rise because 4S stores offer slightly different prices to customers who buy cars with cash and those who buy cars with loans. In this case, it is necessary to calculate the amount of the loan to buy a car, and whether it exceeds the total amount of personal credit and cash to buy a car. If it exceeds, you may wish to apply for a personal credit loan. If it does not exceed, you can apply as follows. Interest-free loans.

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Materials needed to apply for a loan to buy a car:

1: "Personal Loan Application";

2: Personal Valid ID. Including resident identity cards, household registers, military officer ID cards, passports, travel passes for compatriots from Hong Kong, Macao and Taiwan, etc. If the borrower is married, the spouse's identity certificate must be provided;

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

4: Personal income certificate, if necessary, family income or property certificate must be provided ;

5: Proof of intention to purchase a car issued by the car dealer;

6: Proof of down payment for car loan;

7: Other than the mortgage of the purchased vehicle If the guarantee is provided in the form of a guarantee, relevant materials for the guarantee shall be provided, including the pledged rights certificate, the mortgaged real estate ownership certificate and evaluation certificate, a letter of intent for third-party guarantee, etc.;

8: If the vehicle purchased with the loan is for commercial use If you are purchasing a vehicle, you must also provide proof that the purchased vehicle can be legally used for operations, such as an affiliation agreement with a transportation fleet, a leasing agreement, etc.;

9: The vehicle purchased with a loan is a second-hand vehicle, and you must also provide proof of purchase. Proof of intention, vehicle evaluation report issued by an evaluation agency recognized by China Construction Bank; vehicle property rights certificate of the vehicle seller, "Motor Vehicle Registration Certificate" of the vehicle being traded, vehicle annual inspection certificate, etc. ...

Question 5: Is it so difficult to get a mortgage to buy a car? Down payment: 40. The couple’s ID card, marriage certificate, household registration, real estate certificate, business license, and money!! Note: If you are single, you need to find a guarantor. There are three mortgage methods for buying a car. There are three main mortgage methods currently available on the market. : Auto finance companies, intermediary guarantees and bank loans, consumers can choose according to their needs. Generally speaking, car finance companies have higher interest rates, but the procedures are relatively simple, while banks have relatively low interest rates, but the procedures are cumbersome. They usually require real estate for mortgage, and the business of guaranteeing car purchases through intermediaries has just begun. Auto finance companies provide mortgages. Auto finance companies are non-bank financial institutions funded and established by automobile manufacturers to provide financial services to car buyers. In China, its establishment and changes must be approved by the China Banking Regulatory Commission, and the service content and scope must also be supervised by the China Banking Regulatory Commission. The most important function of an auto finance company is to provide auto loan services to consumers. In addition, it can also provide auto dealers with loans for purchasing vehicles and operating equipment, provide guarantees for loan car purchases, and other credit businesses approved by the China Banking Regulatory Commission. The loan term of an automobile finance company is generally 12-60 months, and the down payment amount is not less than 20% of the vehicle sales price. It is free of guarantees, not subject to household registration restrictions, and does not require property mortgage. Interest is the only expense. Among them, the public financial interest rates are: three-year interest rate: 6.88 (monthly repayment of 10,000 yuan: 310), five-year interest rate: 6.99 (monthly repayment of 10,000 yuan: 200). The GMAC interest rates are: three-year annual interest rate: 6.99 (monthly repayment of 10,000 yuan: 309), five-year annual interest rate: 7.33 (monthly repayment of 10,000 yuan: 200). Intermediary guaranteed bank mortgages currently use guarantee company loans to greatly shorten the review time. It only takes 1 day at the fastest and 2 days at the earliest. Dealers can assume the role of guarantee companies, so that customers only need to go through the car dealer to buy a car, and they will directly provide customers with loans, insurance, maintenance and other services. It is reported that the most difficult problem for car dealers to handle this business was the lack of a personal credit reporting system.

But now the situation is different. At present, the city's personal credit reporting system has been established and started to operate, and personal loan repayment ability and credit status can be quickly reviewed. The banking system currently has strict conditions for providing mortgage loans directly from banks. For example, the borrower must have a property mortgage; must be engaged in a career with a stable income such as a civil servant, doctor, teacher, lawyer, etc.; the down payment must be at least 40%, or even 50%; and a 10% increase is implemented. interest rate.

Question 6: Is it generally possible to get a loan to buy a car? As long as the information is complete and the job is stable, it will be fine.

Operation process

First, the customer applies for a mortgage to the car dealer, and then the guarantee company requires the customer to prepare personal information in accordance with relevant regulations. These materials include: ID card, income certificate, marriage certificate, residence certificate (hukou or temporary residence permit, etc.), house ownership certificate, driver's license, these six major copies. If the car owner is an employee of a state-owned enterprise, a copy of the work permit is also required. If the car owner is a self-employed person, he must also provide copies of business license, tax registration certificate, organization code certificate and other relevant documents. Of course, a guarantor with a household registration in this city is also required. After all the information is prepared, the guarantee company will conduct an on-site investigation and report it to the bank after confirming that the situation is true. Finally, the bank signs a loan contract with the customer.

Guarantee fees

A certain guarantee company disclosed the charging standards to reporters: the cost of door-to-door investigation is 300 yuan within the Second Ring Road and 500 yuan outside the Second Ring Road; the file management fee is based on the loan 200 yuan is charged every year; after the customer signs a loan contract with the bank, he or she pays the guarantee fee to the guarantee company. The amount of the guarantee fee depends on the loan amount and the loan period. Currently, the loan period for car loans in Chengdu is generally within 5 years. For a year, the guarantee fee is 1.4-1.6 of the loan amount; for a two-year loan, the guarantee fee is 1.8-2 of the loan amount; for a three-year loan, the guarantee fee is 2.5 of the loan amount. At present, most car owners who take out loans to buy cars choose a loan term of three years.

Notes

In addition to the above necessary information, there are also some issues that need attention: If the customer’s household registration is not in this city, the police station needs to issue a temporary residence certificate; Customers who do not have real estate need a person who owns real estate as a guarantee; customers who buy a house with a mortgage must issue a copy of the house purchase contract and repayment passbook; customers who have real estate but the property ownership certificate is still in process, need to be issued by the relevant real estate company prove.

In addition, if the customer can also present academic certificates, deposit certificates, water and electricity payment certificates, etc., the loan application will be easier to pass.

Buying a car with a loan also involves car insurance. Among the current car insurance types, only third-party liability insurance is compulsory. However, if you buy a car with a mortgage through a guarantee company, in addition to the mandatory third-party liability insurance, you also need to purchase full vehicle theft insurance, vehicle damage insurance and non-deductible special insurance.

Question 7: Is it okay to buy a car with a loan? If so, what are the drawbacks? Yes, it is very popular to buy a car with a loan now.

The following are the pros and cons of buying a car with a loan:

The advantages of buying a car with a loan: The money saved can be used to invest in other investments to obtain higher returns, and even earn back the mortgage payment The "interest" required to pay for a car has been reduced by 5 to 6 for some car loans. In addition, most zero-interest loans have now removed household registration restrictions.

Disadvantages of buying a car with a loan: In recent years, car prices have been decreasing by about 10% every year. If you buy a car with a loan, the price of the car will plummet after two years, but you will not be able to afford it. It is prohibitive to pay for a car loan that is "above" the market price, coupled with the strict review of car loans and the requirement of certain prerequisites.

Bank car loan. As the country's mainstream loan method, banks have always been the first choice for most car buyers. The biggest advantage of applying for a car loan at a bank is that the interest rate is relatively low. However, it is officially said that there are too many people and there is not enough food. The procedures for applying for a car loan at the bank are also the most cumbersome. Of course, the speed of disbursement is self-evident, and there may also be some additional fees. Of course, if you choose a real estate mortgage loan, the interest rate may be lower. Compared with traditional unsecured mortgage car loans, it can lower the monthly payment of car buyers with loans.

Question 8: Is it difficult to get a car loan to buy a car now? It’s not difficult,

1. Loan targets: natural persons aged between 18 years old (inclusive) and 60 years old (inclusive), with full capacity for civil conduct.

2. Loan amount: If the vehicle purchased is for personal use, the loan amount shall not exceed 80% of the purchased car price; if the purchased vehicle is a commercial vehicle, the loan amount shall not exceed 70% of the purchased car price. Among them, the loan amount for commercial trucks shall not exceed 60% of the purchase price of the car; if the purchased vehicle is a second-hand car, the loan amount shall not exceed 50% of the borrower's purchase price of the car, and the loan amount shall not exceed 200,000 yuan;

3. Loan term: If the vehicle purchased is for personal use, the loan term shall not exceed 5 years; if the vehicle purchased is a commercial vehicle or a second-hand car, the loan term shall not exceed 3 years;

4. Loan interest rate: in accordance with the loan interest rate regulations of China Construction Bank;

5. Guarantee method: When applying for a personal car loan, the borrower must provide certain guarantee measures, including pledge, using the vehicle purchased with the loan as collateral, real estate Mortgage, third-party guarantee, etc. You can also purchase personal auto loan performance bond insurance.

6. Required application materials:

(1) "Personal Loan Application";

(2) Valid personal identity document. Including resident identity cards, household registers, military officer ID cards, passports, travel passes for compatriots from Hong Kong, Macao and Taiwan, etc. If the borrower is married, the spouse’s identity certificate must be provided;

(3) Household registration certificate or long-term residence certificate;

(4) Personal income certificate, if necessary, family income or Proof of property;

(5) Proof of intention to purchase a car issued by the car dealer;

(6) Proof of down payment for car purchase;

(7) With If the purchased vehicle is guaranteed by means other than mortgage, the relevant materials provided for the guarantee include the pledged rights certificate, the mortgaged real estate ownership certificate and evaluation certificate, a letter of intent for third-party guarantee, etc.;

(8) If If the vehicle purchased with a loan is a commercial vehicle, it is also necessary to provide proof that the purchased vehicle can be legally used for operation, such as an affiliation agreement with a transportation fleet, a lease agreement, etc.;

(9) The vehicle purchased with a loan is For second-hand cars, you also need to provide proof of intention to purchase the car, a vehicle evaluation report issued by an evaluation agency recognized by China Construction Bank; the vehicle seller's vehicle ownership certificate, the "Motor Vehicle Registration Certificate" of the vehicle being traded, the vehicle annual inspection certificate, etc.

Handling channels and procedures

1. Handling channels: Handle personal car loan business through branches of China Construction Bank that offer personal car loan business. In some large and medium-sized cities, China Construction Bank has established The Auto Financial Service Center specializes in personal auto loan business, and the Personal Loan Center is also a professional acceptance agency for auto loans.

2. Process:

① The borrower submits application materials;

② The handling bank conducts a preliminary review of the application materials submitted by the borrower, and Conduct credit investigation and customer evaluation;

③ Approval of loan applications that pass the preliminary review and credit investigation and meet the loan conditions;

④ If approved, notify the borrower to sign the contract, Relevant procedures such as lending, mortgage or pledge; if it fails to pass the examination and approval, an explanation must be provided to the borrower;

⑤After the loan contract takes effect, the handling bank will issue the loan. Adopt a special loan method, that is, according to the loan contract, the handling bank will directly transfer the loan to the dealer account where the borrower purchases the car

Question 9: Can you get a loan to buy a car if you have bad credit? 5 points, no matter what When banks or auto finance companies apply for loans to buy cars, in addition to requiring the borrower to provide corresponding proof of income, they also need to provide credit records for the past two years. If there are serious overdue phenomena, it will directly affect the loan to buy cars. Approval.

When a bank accepts a customer loan, the first step is to check the personal credit record through the bank's credit verification system to determine whether the applicant is qualified for the loan. If there have occasionally been one or two overdue situations where the amount was not large and the deadline was not long, then negotiation can still be carried out.

If the overdue circumstances are serious, with a total of more than 6 overdues within two years or a single overdue for more than 90 days, the bank will consider it a malicious repayment behavior, which will question the willingness to repay and ultimately refuse the loan to purchase a car. Apply.

Question 10: Can I pay back in advance when buying a car with a loan? Yes, the specific stipulations depend on the contract signed with the bank. It should be that you don’t have to pay back interest later, and you only need to pay the principal. I haven’t heard of any additional conditions.

Is it easy to get a car loan from a 4S store? Let’s stop the introduction here.