Loanable second-hand car mortgage loan refers to a loan issued by a commercial bank to individual borrowers to buy second-hand cars for consumption and use the purchased cars as collateral. Now there are not only banks, but also major financial institutions.

Precautions:

1. First of all, be sure to buy from regular channels. Second-hand cars have some specialities, and the car condition and procedures should be complete.

2. When buying used cars, try to choose models with a large number of vehicles. Because of the low market share, the follow-up maintenance and use costs of niche models are high, and the use costs are high.

The second-hand car loan process is as follows:

First, the dealer consults about the loan.

When choosing your favorite car, you need to consult the car dealer first to determine the model and the total amount of car purchase. In this way, whether from the price, performance or after-sales service after buying a car, we will have a detailed understanding of the selected models, and let us have a bottom through communication with car sales personnel.

Second, review the loan to buy a car information

Then, it is necessary to hand over the information of applying for a loan to buy a car to the dealer for preliminary examination, including filling in the application form and contract of automobile consumption loan and other bank loan information, providing credit certificates such as ID card, household registration book, income certificate, real estate license and marriage certificate of the borrower and spouse, and signing the loan contract and related documents by the borrower and spouse. This is to let banks, insurance companies and car dealers have an understanding of your situation. As long as the situation meets the loan conditions, you can successfully handle the loan business.

Third, pay the down payment and sign a car purchase contract.

Pay the corresponding down payment according to the model you choose, generally 20% of the total car payment (some dealers will have zero down payment models). After that, it signed a car purchase contract with the dealer, and the insurance company handled the corresponding auto insurance.

Four. Bank acceptance and review

The dealer submits the customer information and the car purchase contract to the bank, and the bank conducts pre-loan investigation. When all this is done, the bank will confirm the loan.

Verb (abbreviation for verb) The dealer delivers the vehicle.

After the bank lends money to the car dealer, the car dealer will go through the intermediate procedures such as vehicle entering the factory, licensing and vehicle insurance, and deliver the car to the buyer at the agreed time. At this point, the whole process of buying a car with consumer loans is completed.

Can I buy a used car with a loan in the name of the company?

I suggest that you first confirm whether the second-hand dealer you bought has cooperated with Ping An Bank. Ping An Bank provides second-hand car loans. If the following conditions are met, you can contact the local auto finance branch to apply. Whether you can be approved or not needs to be evaluated according to your comprehensive qualifications:

① Age ≥ 18 years old, and (borrower's age and loan period) ≤70 years old;

② No personal bad credit record;

③ The service life of the purchased vehicle shall not exceed 5 years (subject to the date of first registration);

(4) The vehicle mileage shall not exceed 80,000 kilometers;

⑤ The recognized value of the vehicle is above 80,000 (inclusive);

⑥ Our bank has a local branch.

Tips: Except interest, loan application and vehicle evaluation are free, and banks do not charge any other fees.

Reply time: 2021-11-03. Please refer to the latest business changes announced by Ping An Bank in official website.

How to handle a second-hand car loan?

Second-hand car loan processing: Go to the second-hand car dealer and ask if there is a cooperative second-hand car loan institution. You can apply on the spot. If you don't need to find a lending institution yourself, you can reapply. The lending institution shall examine and approve the loan application submitted. Approved, signed a used car loan contract. The loan is recommended to Mo Long, and the audience is people over 25-55 who need large loans, as well as non-online loan groups, such as Bai Hua and Xiaoman. There are many product choices to meet diversified needs.

The application process of second-hand car loan is:

1. The borrower first goes to a second-hand car dealer to buy a car, and then applies for a loan in the bank after determining the model to be purchased;

2. Fill in the loan application form and submit relevant materials;

3. The bank conducts an audit;

4. After the approval, the borrower signs a second-hand car loan contract with the bank to handle insurance, mortgage and other handling fees;

After the formalities are completed, the bank will lend money to the second-hand car dealer. After the loan funds arrive, the borrower can pick up the car.

The materials needed to apply for a used car loan generally include ID card, work certificate, income certificate, car purchase invoice, driving license, car purchase contract, etc.

For more information about the loan, please consult Moore Long. Moerlong has the most professional internet finance platform in China, covering 37 1 city in China, with more than 2 million registered users, and providing tens of billions of yuan in loan services to various customers every year. 20 15 Softbank China capital becomes Morlon shareholder. Softbank China Capital is a leading venture capital institution in China, and has successfully invested in a series of outstanding enterprises such as Alibaba, Taobao, Focus Media and IWC. 20 16, Morlong brand upgrade, financial technology projects launched at the same time. Up to now, a complete technical system for loan assistance business and an intelligent risk control system for big data have been formed, and professionalism is worth choosing.

Is it a scam to register a used car company to borrow money from a bank?

It is a scam to register a used car company to borrow money from a bank. Never do second-hand car staging. It's basically a scam. Before applying for a second-hand car mortgage loan, individuals can choose a loan company with reasonable fees to apply for a second-hand car mortgage loan after knowing the pre-period and auto insurance premiums.