Nowadays, many families choose bank car loans to buy cars. However, in the face of so many banks, most people don't know which bank has a good car loan. Today, I will compare the car loans of several banks to see which one is good.
Everbright Bank
The car loan of China Everbright Bank can provide you with a loan of up to 6.5438+0 million yuan, with a maximum term of 5 years. The down payment ratio of fuel vehicles is 30%, and that of new energy vehicles is 20%. In addition, the borrower is under 65 years old when the loan expires.
China Citic Bank
The longest loan period of CITIC Bank's new car consumption loan is 5 years, and the minimum down payment is 20%. In addition, there are a large number of car brands with zero or ultra-low interest. After you apply for a loan through CITIC Bank official website, mobile banking, cooperative dealers and other channels, you will be approved within 2 working days.
Shanghai Pudong Development Bank
The automobile consumption loan of Shanghai Pudong Development Bank can provide loans for up to five years, with 20% down payment for domestic cars and joint venture cars and 30% down payment for imported cars. Shanghai Pudong Development Bank requires borrowers not to be over 60 years old on the loan maturity date.
China Merchants Bank
The personal car loan of China Merchants Bank can provide you with a loan of up to 2 million yuan, with a maximum term of 5 years and a minimum down payment of 20%. The loan can be completed the next day at the earliest. For friends who have better jobs, there is no need to pay the guarantee fee or the performance guarantee insurance fee.
Bank of China
The personal consumption car loan of China Bank divides customers into ordinary customers and high-quality customers. The down payment ratio of ordinary customers is 40%, and the longest loan period is 3 years. The down payment ratio of quality customers is 30%, and the loan period is up to 5 years.
Comparing the above five banks, it is not difficult to see that the loan amount can basically meet everyone's needs. For friends with a small down payment, CITIC Bank, Shanghai Pudong Development Bank and China Merchants Bank are all good choices.
Which bank is good for car mortgage? Can banks mortgage car loans?
Banks can issue mortgage loans. In fact, major banks, auto finance companies and auto consumer finance companies all provide auto mortgage services. Customers can apply to any bank or financial company with personal ID card, household registration book, vehicle registration certificate and other related materials. As long as the customer's personal credit is good, the vehicle has sufficient value, the customer has a stable source of income and can repay the loan principal and interest on time, then the loan can basically be successfully handled.
At present, banks that can handle automobile mortgage include Industrial and Commercial Bank, China Merchants Bank, China Construction Bank and Agricultural Bank. Different banks need to meet different conditions when handling automobile mortgage, so it is best to find a bank in automobile mortgage according to the actual situation, and customers should know more about automobile mortgage of different banks.
Let's take ICBC, Chengdu Rural Commercial Bank and Ping An Bank as examples to introduce them to you.
1. China Industrial and Commercial Bank: automobile mortgage of China Industrial and Commercial Bank refers to a loan product in which the borrower mortgages his own vehicle to the bank to obtain loan funds, which can be used for various consumption and business purposes. The amount of ICBC car mortgage accounts for 60% of the car price. Generally, as long as you meet the conditions of ICBC's automobile mortgage, you can apply on the premise of ensuring timely repayment.
2. Chengdu Rural Commercial Bank: Chengdu Rural Commercial Bank has a series of "quick loan" products, with various financing methods, including unsecured credit loans and chattel mortgage. For example, a borrower with a car can use it as a mortgage. There are many ways, no matter what the borrower is, you can find a suitable financing method.
3. Ping An Bank: Ping An Bank can borrow up to 500,000 yuan for car mortgage. When applying for a loan, if the information is complete, the loan can be made within one day after the mortgage, and the customer still has the right to use the vehicle during the loan period.
Which bank has the lowest car loan interest rate?
Car loan interest is related to many factors and can be selected according to the following. If the car loan time is less than 1 year, China Bank is the first choice, followed by China Construction Bank and Ping An Bank; Generally speaking, Ping An Bank has the lowest car loan interest rate, which can be given priority.
Among several banks, the highest car loan interest rate is China Construction Bank; China Bank's car loan conditions are strict, so it is not necessarily the first choice.
The car loan interest rates of different banks are different, and generally fluctuate according to the benchmark interest rate of central bank loans. The benchmark interest rate is as follows: the loan interest rate is 4.35% within one year, 4.75% within one to five years, and 4.90% for more than five years.
Calculation formula: car loan interest = loan amount, annual interest rate term, and banks also need to combine personal credit, bank/store preferential activities, down payment ratio, etc. Therefore, it is necessary to determine which bank car loan is the most cost-effective according to the actual situation of the owner.
For example, what is the 3-year interest on a car loan of 654.38+ 10,000 yuan? Mr. Li applied for a car loan of 654.38 million yuan in a bank and chose to pay it off in three years. The approved loan interest rate is 4.75%. According to the above formula for calculating the car loan interest rate, it can be concluded that the final car loan interest rate is100000x4.75% x3 =1422.
The process of bank loan to buy a car is as follows.
1. After the car buyer selects the vehicle to be purchased, he prepares relevant materials and applies for a car loan from the loan bank; 2. The loan bank conducts examination and investigation according to the submitted application materials; 3. After approval, the borrower signs a loan contract with the loan bank; 4. The borrower shall go to the local vehicle management office for mortgage registration; 5. The loan bank issues the loan, and the borrower takes the relevant certificate to the dealer to pick up the car.
Which bank has a good car loan? Which bank has an advantage?
Many people are entangled in whether to buy a car in full or by loan, and what kind of loan method to choose. Rong 360 tells you which bank has a good car loan? Which bank has an advantage?
Car loan methods have their own advantages and disadvantages.
At present, the channels of car loan are banks and auto financing companies. Among them, banks include traditional car loans and credit card installment payments. There are many kinds of traditional car loan business, so customers who choose "direct customer" business can borrow money first and then buy a car; Customers who handle "private" business first choose a good car and then apply for a loan through a car dealer.
The person in charge of a 4S shop of Nanjing FAW-Volkswagen said that the credit card installment business is popular at present, and the threshold is low. For cooperation with specific car dealers, such as buying Volkswagen, the loan method can choose the credit cards of China Merchants Bank and China Construction Bank. In the field of consumer loans, real estate can be mortgaged, loans can be obtained, and cars can be bought. There are also unsecured consumer loans such as Jiangsu Bank, which are unlimited in use and can be withdrawn after approval.
Under the "enthusiasm" offensive of bank car loan products, car dealers are also vigorously promoting car loans. For example, FAW-Volkswagen launched the derivative service platform of "financial engine", and successively launched "0 interest rate loan scheme", "China Merchants Bank Car Purchase Easy" and "Minsheng Bank Car Purchase Link".
According to industry insiders, the credit card installment form is fast but the amount is small, the term is short, and the loan for more than 3 years is a bit expensive; The advantage of auto financing company loans is that car dealers can make a profit, but they can't cover all car brands; For the traditional automobile mortgage, people in the industry said that the variety is complete, the quota is high and the term is long, but the disadvantage is that the loan is slow.
One-day loan "favored"
There are still many people who say that interest-free loans are attractive, but people in the industry remind that we must be "careful" to truly save money. For example, a salesperson of a 4S shop in Nanjing said that the loan to buy a car is generally less than 6,543,800 yuan, and you can enjoy an interest-free loan within one and a half years, but you need to pay a handling fee of three points; For the installment of bank credit cards, in some banks, you must also buy theft or full insurance to enjoy interest-free loans. This may not save money in the end. The person in charge of the car loan retail department of a joint-stock bank in Nanjing said that the car loan interest rate will fluctuate according to the credit status of the loan and the benchmark interest rate of the central bank loan.
The lending time of car loans is also a concern of many people. Different loan methods have different loan time. It takes about a week to lend money in a bank and two to three days in an auto financing company. At present, the fastest car loan product on the market is the "lightning loan" of China Merchants Bank. Through the PAD mobile operating platform, the application can be completed in 20 minutes. As long as the information is complete, the pre-approval can be realized in 5 minutes, and the loan can be released within 24 hours. Backstage approval is carried out at the headquarters, and relying on the advantages of internet finance, the loan application of car buyers can be completed quickly. According to the relevant person in charge, this project is currently cooperating with the top ten luxury car brands, and the loan can limit the models and car dealers, greatly increasing the choice of car buyers.
At present, there are many popular ways to handle car loans. The loan interest rate is different, and the payment speed varies from half a month to several days. The one with the fastest payment can get a loan in one day, which is called "lightning loan". You can judge how to apply for a loan according to your own needs.
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From which bank can I borrow money to buy a car? Let's stop here and give a good introduction.