You have to mortgage automobile mortgage. After you pay the down payment, the car will go to the vehicle management office for mortgage, that is, pledge. If you don't go to the vehicle management office for mortgage procedures, your car can still be transferred at will. If you go through the mortgage formalities, you can't transfer the ownership. Only after the loan is paid off and the mortgage is cancelled can the transfer be made. I hope it helps you!
Second, the difference between second-hand car loans and new car loans
As long as you meet the loan conditions provided by the bank, you can apply for a loan to buy a new or used car. Some friends will ask, "The loans are all used to buy a car." What's the difference between a used car loan and a new car loan? There is still a big difference between used car loans and new car loans. The following series will introduce you to the following differences.
1. Loan amount. It is understood that the loan amount of a new car is mainly determined by the bare car price of the purchased vehicle, and the maximum is 80% of the bare car price. The bare car price does not include insurance premium and various additional fees. The loan amount of used cars depends on which is lower, the bare car price and the car evaluation value, but the maximum can only reach 50% of the lower value.
2. Term of the loan. The loan period of a new car can reach 60 periods, which is 5 years. The loan amount of used cars can only reach 36 periods at most, that is, three years.
3. Loan interest rate. The loan interest rates of new cars and used cars all fluctuate according to the benchmark interest rate of the People's Bank of China. But the era of used cars is a "hard injury". Under the same circumstances, the loan interest rate is higher than that of a new car.
What's the difference between applying for a new car loan and a used car loan? There are three main differences. If you want to apply for a loan to buy a car, you need to carefully consider whether to sell a new car or a used car.
Third, what is the difference between the reserve price and the transaction price of a car?
1, meaning different.
The landing price is all the expenses needed to buy a car. Including bare car price, purchase tax, insurance premium, licensing fee and boutique installation fee. If it is a loan to buy a house, you need to add the interest fee and handling fee of the loan.
The transaction price refers to the guide price of the car, which is the "suggested" manufacturer's guide price when the new car is released.
2, the cost is different
The guide price reflects the relationship between the positioning of a car and competing products, which has certain reference significance, but has no practical significance. The final transaction price of a car (naked car price) is determined by the market. Generally speaking, landing price = bare car price, insurance premium, purchase tax, licensing fee, etc. And if it is a mortgage loan, it still needs a mortgage fee, and some 4s stores have to pay a library fee.
4. What's the difference between used car loan and new car loan?
1, down payment: Generally speaking, the down payment for new car loans is 30%, and that for used car loans is about 50%, depending on the condition of used cars. Generally speaking, it is higher than the down payment for a new car.
2. Loan interest rate: new car loans can go to banks or auto finance. If the applicant is qualified, the monthly interest rate is as low as 34%. The interest rate of second-hand car loans is relatively higher than that of new cars. Of course, factors such as car model, car condition and selected institution will directly affect the interest rate.
3. Loan term: The loan term for a new car is generally three years, with a maximum of five years; Second-hand car loans are up to three years, usually one or two years.
4. Threshold: New car loans only need to provide ID cards, driver's licenses, running water, down payment bills, etc. Second-hand cars generally need to be used for no more than 5 years, with a mileage of no more than 80,000 kilometers and an estimated price of 80,000 yuan or more. The information is complicated. It is necessary to properly handle the procedures such as vehicle transfer.