Auto loan, commonly known as "auto loan", is a kind of loan granted by major consumers of modern automobiles to buy cars (including used cars), including personal auto loans, dealer auto loans and institutional loan interest rates, which are implemented according to the loan interest rate regulations published by the People's Bank of China. The interest calculation and settlement method shall be determined by the borrower and the lender through consultation. The loan term of auto loan (including extension) shall not exceed 5 years, of which the loan term of used car loan (including extension) shall not exceed 3 years, and the loan term of dealer auto loan shall not exceed 1 year. Lending principle, honesty and trustworthiness.
1. When the car buyer arrives, the outlet recommends the special dealer who signed the cooperation agreement with the bank for second-hand car consumption loan.
2. Go to the dealer to select the second-hand car to be purchased, and sign a car purchase agreement with the dealer to clarify the model, quantity and color.
3. To apply for a loan at a bank outlet, the necessary materials for applying for a loan at a bank outlet include: personal loan application, valid identity documents, proof of occupation and income, basic family information, car purchase agreement, supporting documents required by the lender.
4. The bank reviews the user's credit, and within fifteen working days after accepting the loan application, the bank notifies the automobile borrower to sign a contract with the borrower who meets the loan conditions. The maximum loan for second-hand car consumption does not exceed 60%~80% of the purchase price (different loan banks), and the longest loan period does not exceed three to five years. In Beijing, for example, the second-hand car loan must be down payment of 50%, and the longest loan period is three years.
5. Sign loan and guarantee contracts. If the applicant meets the loan conditions, the bank will sign the loan measures and corresponding procedures with him:
(1) type (except banks and insurance companies), the guarantor signs a guarantee contract with the bank, and the insurance company can also provide joint and several liability performance guarantee or the bank can provide a letter of guarantee.
(2) If the user guarantees by mortgage or pledge, he shall sign a house with the bank as mortgage, which shall be assessed and confirmed by the designated appraisal agency, and the bank and mortgagor shall go through the mortgage registration at the district and county real estate registration office where the house is located, and the contract shall take effect after obtaining the property right certificate. If it is a pledge guarantee, the pledge contract will take effect after the title certificate is handed over to the bank.
(3) After the above procedures are completed, the bank shall issue a loan notice to the special dealer in time.
(4) Issue a loan notice with the purchased second-hand car as the offset agent. After the purchased second-hand car is licensed, the bank will go to the vehicle management office for mortgage registration.
6, bank loans, users do. After receiving the loan notice 15 days, the special dealer will hand over the customer's car purchase invoice, payment document and driving license (copy) to the bank. After that, the bank continued to issue loans. Insurance liability insurance, burglary insurance and spontaneous combustion insurance, etc. Every limit.
Second, the whole process of buying a car and all the expenses?
The cost is hard to say, it depends on how many cars you buy and the process of buying a car:
1. First, 4S pays the full amount, then 4S delivers the car to you, and provides you with a series of procedures, including: car purchase invoice, certificate of approval, three-guarantee manual, instruction manual, two keys, etc. Matters needing attention are that the procedures must be complete, especially the certificate of approval;
Step 2, buy insurance. Compulsory insurance must be bought. Although commercial insurance is not compulsory, it is recommended to buy third-party liability insurance and car damage insurance at the same time. Third-party liability insurance is recommended to purchase at least 500,000 quota. When buying insurance, the insurance company will collect vehicle and vessel use tax;
3. After buying insurance, it is recommended to apply for a temporary license at the same time, so as to facilitate the next driving license;
4. The third step is to pay the vehicle purchase tax. Every place here will have a fixed place to pay the vehicle purchase tax, and bring all the formalities (certificate, invoice, owner's ID card, etc.). ) to pay taxes. After paying the tax, I will give you the tax payment certificate of the purchase tax, and one of them should be handed over to the vehicle management office at the time of licensing;
Step 4, go to the vehicle management office to get the license. Need to drive and check the car, need to check the appearance, frame number and engine number. Therefore, you need to apply for a temporary license after buying insurance. Otherwise, the vehicle cannot be moved without a temporary permit.
Third, the detailed process of buying a car with consumer loans
The concept of buying a car by loan has spread to the lives of many consumers. In order to make it easier for consumers to drive their own cars, the wealth management network has arranged the specific process of lending to buy a car for everyone. First, the dealer's consultation on the loan is actually to review the loan to buy a car, then pay the down payment, sign the car purchase contract, and the bank accepts and reviews it. Finally, the dealer delivers the car. Let's talk in detail about the specific process of buying a car with a consumer loan, so that everyone can know what to do when buying a car with a loan. First, the dealer consults about the loan. When you choose your favorite car, you need to consult the car dealer first to determine the model and the total amount of the car. In this way, whether from the price, performance or after-sales service after buying a car, we will have a detailed understanding of the selected models, and let us have a bottom through communication with car sales personnel. Second, review the loan to buy a car. Then, it is necessary to submit the information of applying for a loan to buy a car to the dealer for preliminary examination, including filling in the application form and contract of automobile consumption loan and other bank loan materials, providing credit certificates such as ID card, household registration book, income certificate, real estate license and marriage certificate of the borrower and spouse, and signing the loan contract and related documents by the borrower and spouse. This is to let banks, insurance companies and car dealers have an understanding of your situation. As long as the situation meets the loan conditions, you can successfully handle the loan business. Third, pay the down payment, sign a car purchase contract, and pay the corresponding down payment according to the model you choose. In general, it is 20% of the total car payment (some dealers will have zero down payment models). After that, it signed a car purchase contract with the dealer, and the insurance company handled the corresponding auto insurance. 4. The bank accepts and reviews the customer information and car purchase contract submitted by the dealer to the bank, and the bank conducts pre-loan investigation. When all this is done, the bank will confirm the loan. 5. After the dealer delivers the vehicle to the car dealer, the dealer will handle the intermediate procedures such as vehicle entry, licensing and vehicle insurance, and deliver the vehicle to the car buyer at the agreed time. At this point, the whole process of buying a car with consumer loans is completed.
Four, personal consumption car loan application process
Minsheng Bank Personal Consumption Loan Handling Process 1. The borrower applies for a loan from the handling bank and submits relevant application materials; 2. The bank accepts the application and approves the loan information submitted by the borrower; 3. After approval, both parties sign a loan contract and go through the mortgage registration formalities; 4. Banks issue loans; 5. The borrower repays in full and on time;