There are also various scams on the market to buy used cars by stages. For car buyers, they may be cheated if they are not careful. Many friends who borrowed money to buy used cars regretted buying cars by stages after telling their experiences. Some people say that second-hand car installment payment is too dark, and there are various fees for second-hand car installment payment, including many handling fees, service points, interest and down payment.
Used car installment clause
1. The age of the mortgaged car must be less than 5 years, and the shortest mortgage period is 6 months.
2. The mortgagor of the mortgage car should have a good credit record in the bank credit card.
Used car installment payment information
1, ID card, household registration book, driver's license, marriage certificate (optional), bank account, income certificate and real estate.
2. The down payment of the mortgaged vehicle must provide more than 30% of the car payment, and more than 50% can be provided without the property certificate.
3. If the mortgagor is a foreigner, he needs to apply for a local temporary residence permit (two copies with official seal).
Used car installment payment process
1. Before the transfer, you need to return the commercial insurance of the mortgaged vehicle, and only keep the compulsory insurance.
2. After the mortgagor's data is reviewed, transfer the vehicle, pay attention to whether the vehicle has any unprocessed illegal records, check whether the vehicle is in the state of mortgage, mortgage and custody, and transfer the vehicle and put it on record after confirmation.
3. After the transfer of the mortgaged vehicle, the national unified invoice (original copy), vehicle registration certificate, compulsory insurance receipt (original) and driving license of the used car shall be retained.
Schedule of used car installment expenses (charging standards vary from place to place, for reference only)
1. Performance fee: generally 3% of the loan amount; If it is less than 3,000 yuan, it will be charged at 3,000 yuan, and the deposit will be fully refunded after the loan is paid off.
2. Fair mortgage fee: Pay around 800 yuan when handling the vehicle mortgage, and a receipt will be issued.
3. Consultation and investigation fee: 65,438+0% loan amount fee will be charged for the consultation and investigation conducted by the bank.
4. Installment fee: If you buy a car with a bank credit card loan, the total installment fee of 12 is generally above 10%.
5. Mortgage fee: 3% mortgage fee is generally charged.
6. Registration fee: registration fee for vehicle management office 130 yuan, photo production fee for 20 yuan 150 yuan.
7. Insurance premium: Take compulsory insurance as an example. The premium for private cars is about 950 yuan, the enterprise non-operating vehicle 1 000 yuan, the government non-operating vehicle 950 yuan, operating lease 1, 800 yuan.
8. Interest: Generally, the annual interest rate of used car installment payment for two to three years is around 6.6%, and the specific charges vary from bank to bank. Please consult the loan bank and the car dealership for details.
Second, used car, down payment 1 10,000, loan 50,000, repayment in January 1.800. How to calculate it?
The monthly repayment amount of the loan of 50,000 yuan is 1.800, and the total repayment amount is 64,800 yuan.
The interest is 4 1 1 per month, which is equivalent to more than 8 miles of interest.
50000500000.00836 equals 64800 divided by 36 months equals 1800 monthly repayment.
3. I bought a used car, 1 16800, with a down payment of 50,000 yuan, which will be paid off in three years. How much do I need to borrow? ...
It's a bunch of idiots answering questions. If your car loan interest rate is normal, it is about 3-4%, which is 0.3%-0.4%. The specific interest will vary from bank to bank every month, 50,000× 0.004× 36 = the interest you pay back in three years.