Car loans are handled as follows:

1. The applicant chooses a car in the 4S shop, negotiates the price with the dealer, pays the down payment, and then signs a car purchase contract;

2. Go to the loan bank with the car purchase contract, ID card and real estate license, fill in the loan application form and submit the materials;

3. The bank accepts the loan application and reviews and evaluates the application;

4. Sign a loan contract with the applicant after examination and approval;

5. The applicant shall cooperate with the loan bank to complete the follow-up procedures, including mortgage registration and notarization;

6. The loan bank transfers the money to the account of the car dealer, and the applicant picks up the car in the 4S store.

Extended reading

Car loan refers to the loan issued by the lender to the borrower who applies for buying a car. Automobile consumption loan is a new loan method that banks provide RMB-guaranteed loans to car buyers who buy cars at their special dealers. The interest rate of automobile consumption loan refers to the ratio of the loan amount to the principal of a self-use car (non-profit family car or commercial car with 7 seats or less) purchased by the bank to the consumer, that is, the borrower. The higher the interest rate, the greater the repayment amount of consumers.

The conditions required for a car loan are:

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

2. Can provide proof of fixed and detailed address;

3. Have a stable occupation and the ability to repay the loan principal and interest on schedule;

4. Personal social credit is good;

5. Holding a car purchase contract or agreement approved by the lender;

6. Other conditions stipulated by the Cooperation Organization.

Automobile loan process:

1. Lead the customer to the bank's special dealer to choose a car and sign a car purchase agreement or contract;

2. The borrower applies to the loan bank for personal automobile mortgage;

3. Sign the contract with the consent of the investigation;

4. Go through the formalities of notarization and mortgage of automobiles.

5. The lender handles the loan;

6. After the loan is paid off, the lender cancels the pledge certificate and returns it to the customer.

Potential borrower

The borrower must be a permanent resident of the place where the loan bank is located and have full capacity for civil conduct.

deadline

The term of automobile consumption loan is generally 1-3 years, and the longest is no more than 5 years. Among them, the term of second-hand car loan (including extension) shall not exceed 3 years, and the term of dealer car loan shall not exceed 1 year.

How to get a car loan?

The procedure for buying a car loan is:

1. Provide ID cards, proof of economic income and other documents and materials required by the cooperation organization;

2. Bring materials to the loan bank to apply for personal automobile mortgage;

3. The lender shall evaluate the credit rating and guarantee of the borrower, determine the loan amount, term, interest rate and repayment method, and issue the loan.

legal ground

Article 10 of the Measures for the Administration of Automobile Loans

When granting personal car loans, the lender shall comprehensively consider the following factors to determine loan conditions such as loan amount, term, interest rate and repayment method:

(a) the lender's credit rating of the borrower;

(2) loan guarantee;

(three) the performance and use of the purchased car;

(four) the development of the automobile industry and the supply and demand of the automobile market.

The process of car loan: 1. The borrower brings ID card, motor vehicle registration certificate, driving license and other materials to the bank to fill in the loan application form and submit the materials. Two, the bank to review the information submitted by the borrower. Three, professionals to evaluate the loan vehicle. Fourth, the bank determines the loan amount according to the assessed value of the car (generally speaking, the loan amount will not exceed 70% of the assessed value of the car). 5. Sign a loan contract. Clear the loan amount, loan term, loan interest rate and other related rights and interests. 6. Go through the formalities of automobile mortgage and obtain the vehicle registration certificate. 5. Bank loans.

It should be noted that at present, most car loans can only be mortgaged, not mortgaged.

Loan car purchase process

1. Apply for a loan after selecting the vehicle to be purchased;

2. Fill in the loan application form and credit information questionnaire, and submit relevant certificates to the lending institution for review. Going to the pre-trial is to check how your credit information is. As long as it is not overdue, it can basically be passed in stages.

3. After approval, it is necessary to sign loan contracts, guarantee contracts and mortgage contracts, and handle vehicle mortgage registration and insurance;

4. After signing the contract and completing the registration, you can get a loan. If you use a loan to buy a car, you can get a license issued by the bank to pick up the car, go to the 4S shop to go through the formalities of picking up the car, and pay the down payment for car inspection. The expenses include down payment, insurance, purchase tax, license fee and installment payment. The last step is permission.

Materials needed during the formalities: ID card and its copy, copy of household registration book, income certificate, transaction receipt, copy of real estate license, etc.

Release mortgage

Buying a car with a loan will mortgage the green capital of the vehicle to the lending institution, and many people will mistakenly think that this money is enough. In fact, I have to go to the lending institution to cancel the mortgage and get the Green Paper back.

Specific process

1. About 10 working days after paying off the last car loan, contact the lending institution in time, handle the loan settlement certificate, and get back the vehicle registration certificate and the car purchase invoice mortgaged in the bank.

2. Take all relevant materials and go to the local vehicle management office to learn about the mortgage procedures. When the formalities are completed, the ownership of the vehicle will really return to us.

How can I borrow money to buy a car?

The basic conditions for buying a car with a loan mainly include the following:

1, aged above 18 (inclusive), is a natural person with full capacity for civil conduct.

2, a stable and legitimate source of economic income, with the ability to repay the loan principal and interest on schedule.

3. Personal credit is good, and there are no bad records or serious negative information in the credit report (banks and auto consumption finance companies will mainly inquire about the credit information of customers in the past two years).

4. There is a certain amount of self-owned funds to pay the down payment of the car (not the funds from loans, nor the funds paid by credit cards), and the down payment ratio is generally around 20% or 30% of the total car price, usually not less than 20%.

If the customer's credit is average, it is suggested to find another person with good credit to guarantee his loan, which can provide appropriate help and improve the chances of loan approval.

People with poor credit information may not be able to get a car loan in a short time. Customers are advised to buy in full or postpone the purchase, and take the time to improve their credit first.

Car loan refers to the loan issued by the lender to the borrower who applies for buying a car. Automobile consumption loan is a new loan method that banks issue RMB-guaranteed loans to car buyers who buy cars at their special dealers. The interest rate of automobile consumption loan refers to the ratio of the loan amount to the principal given by the bank to consumers, that is, borrowers, for purchasing their own cars (non-profit family cars or commercial vehicles with less than 7 seats). The higher the interest rate, the greater the repayment amount of consumers.

Type of automobile loan

Personal loan car purchase business is divided into direct customers, indirect customers and credit card car loans. The direct customer type is generally a bank car loan for customers to meet directly, and the indirect customer type is generally a car loan from an auto finance company to a customer car loan.

The fees charged by banks for direct car loans include deposit, principal and interest, and 3% guarantee fee. And the bank's premium customer fees will be discounted, but the preferential policies of each bank are different.

In addition to the above fees, personal auto financing companies also need to bear supervision fees, fleet management fees and warranty renewal deposits.

And credit cards, car loans. Credit card installment car loan only provides installment payment for bank credit card users, not all conditions can be handled, and there is an audit procedure, which is difficult for credit card users with bad credit records.

The specific steps of buying a car by credit card in installments are roughly as follows:

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

2. The cardholder holds his ID card to the dealer's site to fill in the installment order for car purchase and submit it to the bank for review.

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

4. After the vehicle is licensed, the cardholder needs to go to the bank to go through the mortgage formalities and purchase the required auto insurance.

5. I can finally drive away smoothly.

loan limit

The maximum loan amount generally does not exceed 80% of the price of the purchased car.

Letter of credit clause

1, with valid identification and full capacity for civil conduct;

2. Can provide a fixed and detailed address certificate;

3. Have a stable occupation and the ability to repay the loan principal and interest on schedule;

4. Personal social credit is good;

5. Holding a car purchase contract or agreement approved by the lender;

6. Other conditions stipulated by the Cooperation Organization.

How to get a loan to buy a car

The process of buying a car by loan is as follows: 1. After the applicant is optimistic about the vehicle to be purchased, he applies for car loan, and the applicant submits the car loan application, credit questionnaire and relevant personal certificates to the loan bank. After receiving the application, the bank conducts pre-loan investigation and examination and approval on the applicant. After the approval of the bank, the applicant fills in the loan contract, guarantee contract, mortgage contract and other documents, and goes through the formalities of mortgage registration and insurance. After the above procedures are completed, the bank will issue loans, and the applicant will pay the down payment to the car dealership, and go through the car pick-up formalities with the passbook and the car pick-up slip issued by the bank.

Article 9 of the Measures for the Administration of Auto Loans The borrower applying for personal auto loans shall meet the following conditions at the same time: (1) Hong Kong, Macao and Taiwan residents and foreigners who have People's Republic of China (PRC) citizenship or have lived in People's Republic of China (PRC) for more than 1 year (inclusive); (2) Having a valid identity document, a fixed detailed address and full capacity for civil conduct; (3) He is very stable.