That's guaranteed by your auto trade company. You just need to hand in all the information. The bank will lend you money and pay it back to the bank on schedule every month.
Second, the loan to buy a car process
Legal analysis: 1. First, choose the right vehicle and sign a car purchase agreement;
2. Prepare the following materials in advance: borrower's ID card, income certificate, driver's license, stamped bank statement or other income certificate, etc. , and apply to the lending institution;
3. Banks or third-party financial service companies that cooperate with 4S stores will review the above information;
4. After the loan is approved, you need to go to the 4S store to pay the down payment, and the store will issue a down payment receipt and hand it over to the bank or a third-party financial institution to wait for the loan;
5. When a bank or a third-party financial institution lends money to a 4S shop or the borrower himself, it can issue an invoice to pick up the car and insure it. The borrower only needs to repay the car loan on time every month according to the repayment plan.
As for how long it takes to buy a car by loan, it depends on the speed of mortgage loan and whether the loan application materials are complete and correct. Basically, the vehicle can be mentioned within 3 to 5 working days after the formalities are verified. Of course, the situation handled by each 4S shop and each loan bank may be different, depending on the actual situation.
Legal basis: Article 9 of the Measures for the Administration of Auto Loans A borrower applying for an individual auto loan shall meet the following conditions at the same time:
(1) People's Republic of China (PRC) citizens, or Hong Kong, Macao and Taiwan residents and foreigners who have lived in People's Republic of China (PRC) for more than one year (including one year);
(2) Having a valid identity document, a fixed detailed address and full capacity for civil conduct;
(3) Personal legal assets with stable legal income or sufficient to repay the loan principal and interest;
(4) Personal credit is good;
(5) Having the ability to pay the down payment stipulated in these Measures;
(6) Other conditions required by the lender.
Third, the car loan process?
The process of loan car purchase is unclear, and it is easy to make mistakes and even cause serious economic losses.
1. If you want to borrow money to buy a car, you should prepare the information in advance, such as:
ID card, household registration book, bank statement, real estate license or purchase contract, credit report, etc. ;
If it is purchased by a husband and wife, it is also necessary to provide a marriage certificate and a credit report of both husband and wife;
Enterprises need to provide business licenses and other documents when buying a car.
2, when buying a car, you need to choose the right vehicle, specifically which model to buy. After confirmation, go to the 4S shop to discuss the price and sign the car purchase agreement.
3. Write a loan agreement and submit all the information to the bank or a third-party financial service company for review;
4. After being approved by the bank or a third-party financial service company, you can pay the down payment in the 4S store, and the store will issue a down payment receipt, and then the 4S store will hand over the down payment receipt to the bank or a third-party financial service company and wait for the loan.
The above is the correct process of loan car purchase.
However, for some small white novices, sometimes he will be fooled or misled by the sales staff in 4S stores. This needs attention, otherwise it is easy to cause economic losses.
Precautions:
(1) If you buy a car with a loan, don't rush to pay a deposit or down payment before the money has been approved by the bank.
In case the bank or the third-party financial service company does not approve the payment, it will be more troublesome, and sometimes it will argue with the 4S shop.
(2) It is against laws and regulations to charge consumers in the name of "financial service fee" or "loan service fee". At present, this kind of chaos has not been completely rectified, and there are still many 4S stores charging fees under various excuses.
If you find this situation, you must argue it out. If you still talk improperly, you can choose to call the police if necessary.
Fourth, the process of loan to buy a car
First consult and decide to prepare the materials after purchase, fill in the form and then submit the materials → submit them to the bank for review and approval before paying the down payment. Sign the car purchase contract after selecting the car, go through the relevant formalities when picking up the car, and finally repay the car every month.
Loan car purchase process /gouchezhinan/