Car loans can be borrowed for five years. Under normal circumstances, the longest period for applying for a car loan is five years. If most customers and lenders have five years of loan communication, there is generally no problem.
When a lender applies for a car loan, generally speaking, the interest rate of a bank loan is low, but the bank has a strict review of the lender and may be rejected because of its repayment ability.
Compared with banks, the audit of factory finance is not so strict, but the qualifications of lenders will still be examined, but the audit method is slightly looser. If there is no activity discount on interest rate, the loan interest rate of factory finance will be higher than that of bank loans.
Car loans can be repaid in advance in most cases, and many lending institutions will not charge prepayment fees, which is different from the rules of institutions. If the lender wants to choose early repayment, it is best to consult customer service first.
Extended data:
Car loan refers to the loan that the lender applies for buying a car. This is a new loan method, and the bank issues RMB-guaranteed loans to car buyers who buy cars at special dealers.
The interest rate of automobile consumption loan refers to the proportion that banks pay consumers, that is, borrowers, to buy their own cars (non-profit family cars or seven-seat cars).
The higher the interest rate, the greater the repayment amount of consumers.
Personal loan car purchase business is divided into direct customers, indirect customers and credit card car loans. Direct customer type is generally aimed at customers. The direct customer type is generally that the auto financing company transfers the auto loan of the auto financing company to the customer.
For direct bank car loan, the fees charged include deposit, principal and interest, and 3% guarantee fee. And the bank's premium customer fees will be preferential, and the preferential policies 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.
Another is that credit loans only provide installment payment for bank credit card users, and it is difficult for credit card users with bad credit records to handle them without going through the audit procedure.
The text steps 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 it is clear enough to apply for a credit card car loan.
2. The cardholder will fill in the installment order of car purchase at the dealer with his ID card, and the bank background will review it.
3. After the order is approved, the cardholder pays the down payment and handles the normal car purchase.
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 transfer the car smoothly.
Processing flow:
First of all, the lender needs to prepare ID card, residence certificate, work certificate, loan use certificate and other supporting materials, go to a bank, fill out an application form and fill out a contract.
Then, wait for the bank's pre-loan qualification investigation and approval. If the lender meets the loan conditions stipulated by the bank, the bank will inform the lender to fill out the form.
If the loan applied by the lender needs mortgage or guarantee, it is also necessary to sign a guarantee contract and a mortgage contract; If so, there is no need to sign such a contract.
Secondly, banks issue loans to lenders.
Generally, banks will issue loans after 2 to 0 batches, the fastest 1 day.
Finally, the borrower will pay the down payment to the car dealer, and handle it with the passbook and the car pick-up note issued by the bank.
Copy of personal automobile consumption loan, family income certificate, bank statement and real estate license
Second, can the car loan be divided into five years?
You can apply for credit card installment payment for five years, but the interest rate is quite high, about 9%
Third, can the car loan be divided into five years?
Car loans can be granted for five years. Generally, the longest period for applying for a car loan is five years. Most customers will choose a loan of 1-3 years. If the lender needs a loan for five years, he can communicate with the car dealer, which is generally no problem. When a lender applies for a car loan, there are generally two options: bank loan and factory financing. Relatively speaking, the interest rate of bank loans is lower, but the bank will examine the lender more strictly, check the lender's credit reporting and repayment ability, and may be refused loans. Compared with banks, the financial audit of manufacturers is not so strict, but the qualifications of lenders will still be examined, but the audit method is slightly looser. If there is no activity discount on interest rate, the loan interest rate of manufacturer finance will be higher than that of bank loan. In most cases, car loans can be repaid in advance, and many lending institutions will not charge fees for prepayment. However, different institutions have different rules. If the lender wants to choose early repayment, it is best to consult customer service first. Extended data:
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. 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, the car loan of individual auto financing companies also needs to bear the supervision fee, fleet management fee and warranty renewal deposit. 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 are roughly as follows: 1. The cardholder (or applicant) calls the credit card center of the bank or goes to the local bank to find out whether he can apply for a credit card car loan. 2. The cardholder will fill in the installment order of car purchase at the dealer with his ID card, and the bank background will review it. 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. Finally, I can drive the car away smoothly. Handling process: First, the lender needs to prepare ID card, residence certificate, work certificate, loan use certificate and other supporting materials, go to a bank, fill out an application form and fill out a contract. Then, wait for the bank's pre-loan qualification investigation and approval. If the lender meets the loan conditions stipulated by the bank, the bank will inform the lender to fill out some loan forms. If the loan applied by the lender needs mortgage or guarantee, it is also necessary to sign a guarantee contract and a mortgage contract, and go through the mortgage registration procedures; If so, there is no need to sign such a contract. Secondly, banks issue loans to lenders. Generally, banks will lend money within 2 to 3 weeks or 1 month after the approval is completed, and the loan can be released within 1 day at the earliest. Finally, the borrower will pay the down payment to the car dealer, and handle the car pick-up formalities with the passbook and the car pick-up note issued by the bank. In the process of applying for personal automobile consumption loan, the applicant needs a copy of ID card, household registration book, marriage certificate, income certificate, bank statement, real estate license and so on.
How many 70,000 cars will be supplied in May?
If you buy a car loan of 70,000 yuan in installments, the interest will be calculated at 5% first, so the annual interest will be 3,500 yuan, and the average monthly interest will be 300 yuan. In this way, the total interest for five years is 17500, the principal is 70,000, the monthly payment is 1 168.