1. Car loan procedures When applying for a car loan from a bank, the applicant is strictly required to provide proof of income, collateral and other assets, and also needs to go through complicated procedures such as guarantees and property rights certificates. Relatively speaking, the standards for borrowing from banks or auto finance companies through 4S stores are "much easier". Many auto loan businesses are unsecured and unsecured, which will be much more convenient for prospective car owners. 2. Car loan approval process Borrow money from a bank or financial company to buy a car through a 4S store, especially from auto finance companies such as General Motors, Toyota, and Volkswagen. The biggest advantage is that the car loan approval process is fast. Generally speaking, the loan takes three working days. Approval can be completed in around 10 days; however, obtaining a loan from a bank can take two weeks or more. If the information on the asset certificate is incomplete, it will take longer. 3. Loan model There are no restrictions on the car models that banks can lend to, and 4S stores only provide car loan services for their car models. So when it comes to loan options, buying a car with a bank loan will have advantages.