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.
How to handle the mortgage procedure of car loan?
Automobile loan mortgage is based on the consideration of consumers' ability to buy a car. It is difficult to pay the full amount at one time, so car consumption can be realized by mortgage. Common mortgage methods include bank mortgage, credit card mortgage and auto financing company mortgage.
First, the mortgage conditions of automobile loans
1. Have 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.
Second, the car loan mortgage procedures
1. Car buyers go to bank outlets for consultation;
2. Go to the dealer to choose the car to buy and sign a car purchase agreement with the dealer;
3. Apply for a loan at a bank outlet;
4. Banks audit users' credit;
5. Sign loan and guarantee contracts;
6. The bank issues loans, and the user handles vehicle insurance and picks up the car;
7. Customers repay on time
Iii. Matters needing attention in personal car loans of banks
Matters needing attention in personal car loan of banks: personal repayment ability, car loan handling process, personal loan term and repayment method, etc. It directly affects the review process of personal car loans and the pressure of monthly supply in the later period.
1. Personal repayment ability
Banks attach great importance to the borrower's repayment ability when approving car loans, so if the borrower has real estate under his name, he must provide proof of real estate in order to obtain loans smoothly.
2. Auto loan procedures
Before applying for a car loan, it is best to prepare the car loan procedures in advance so as not to affect the progress of the loan application.
3. Term of personal loan
Because the car loan period is very short, we should choose a reasonable loan period according to our actual situation so as not to bear too much repayment pressure.
4. Repayment method
Different repayment methods have different monthly repayment amount and total interest, so you should compare different repayment methods according to your loan amount, loan term and expected annualized interest rate, thus saving more car loan costs.
How to get a loan to mortgage a car
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 handle automobile mortgage?
Automobile mortgage process:
1. Choose a car that can get a loan from an auto financing company, pay the down payment of the car, and fill in the car purchase agreement;
2. Fill in the loan application form of the auto financing company and submit the materials to the auto financing company;
3. The auto financing company investigates the borrower and examines and approves the information.
Mo Long is recommended as a loan, and its products include: corporate tax stamp loans, mortgage loans and unsecured loans. A single enterprise tax bill loan can be 5 million, and the loan can be released in 30 minutes. Unsecured loan, as long as 1 day, apartment stores can also apply. No car loan, the fastest 2 hours, product optimization, worry-free service.
Automobile mortgage refers to loans issued by banks to borrowers who apply for car purchases in their own names to pay for the cars they buy. The repayment method is to repay the principal and interest by installments. The term of automobile mortgage is generally not more than 5 years.
For more information about the loan, please consult Moore Long. 20 15 Up to now, Molong has paid 206 million yuan in taxes and served 2 million customers according to law, cooperated with 1000 licensed financial institutions and banks, pioneered 0 sets of standardized fees in the industry, and provided 200 differentiated loan products to meet all kinds of qualified customers, covering 37 1 city, with a loan success rate of 90%.