As the most common loan in the market, automobile loan has been widely concerned by the society. When you apply for a car loan, you will find that there are many service charges to pay. Do you know how much the car loan service fee is?
The meaning of automobile loan service fee
Refers to the relevant expenses that the borrower needs to pay when handling the car loan, such as notarization fee, guarantee fee, investigation fee, etc. Generally, the handling fee is about 10% of the loan amount, and different car brands use different names, but the fees of various names, such as information fees, handling fees and evaluation fees, add up to almost 10% of the loan amount. Auto financing companies will charge corresponding handling fees according to the advantages and disadvantages of models and car prices.
When asked about the advantages and disadvantages of car loans, most car buyers believe that car loans can not only enable citizens with insufficient funds to buy their favorite cars in advance, but also allow some citizens with abundant funds but other uses to free up some funds that would have been used for car prices for development. Whether to buy a car depends on the owner's funds.
What is the car loan service fee _
How much is the car loan service fee?
Friends who have made car loans know that they have to pay a lot of service fees when handling them. According to the current market situation, the service fee mainly includes the following items.
First, the service fee paid to the bank.
The loan must go through the bank. In addition to the corresponding interest, the bank will also charge a service fee. The amount of service fee is related to the borrower's loan amount and loan term. Generally speaking, the longer the loan term, the higher the service fee.
Second, the service fee paid to the 4S store.
This money, also called financial service fee, is also calculated according to the loan amount. For example, if the price of the car that Kobayashi wants to buy is 300,000, the down payment ratio is 30%, and the service fee ratio is 3%, then the financial service fee that Kobayashi has to pay to the 4S shop is 300,000× (1-30% )× 3% = 6,300 yuan.
Third, the notary fee paid to the notary office.
The automobile loan contract needs to be notarized by the notary office before it has legal effect. The notary fee 100 yuan is required when signing the loan contract. The notary fee is for the notary office and cannot be refunded. Generally, the notarization fee is collected by the bank first, so the bank will issue a receipt to the customer. The official invoice is issued by the notary office and generally handed over to the automobile dealer, and the customer can ask for it from the automobile dealer.
Fourth, the service fee paid to the vehicle management office.
Because before the car loan is paid off, the ownership of the car belongs to the bank, and the bank must go to the vehicle management department to change the ownership of the car, that is, the Green Paper. When handling the car mortgage at the vehicle management office, a certain fee is charged, and the amount varies from region to region, generally in 300 yuan.
Fifth, the service fee paid to the guarantee company.
The borrower must have a guarantor or a guarantee company to buy a car, and the guarantee company must charge a certain fee for providing guarantee services. Guarantee companies in different regions have different calculation methods for guarantee fees, and the fees charged by guarantee companies for different models will be different. According to the usual guarantee rate of 1% ~ 3%, if you buy a car with140,000 yuan, the loan will be nearly100,000 yuan according to the 70% mortgage. Besides the car purchase, you need to pay a guarantee fee of1000 ~ 3,000 yuan.
Sixth, the investigation fee.
Banks generally entrust other units to investigate the personal funds and credit of car buyers. However, as far as I know, there is no relevant provision in the current law on the charging standard of credit information fees. Now car loans should rarely charge this fee. It is recommended to directly find a bank or contact a car dealer to negotiate a reduction.
Is there a service charge for car loan?
You don't have to pay the car loan service fee.
There is no service charge for buying a car by loan. Because the loan to buy a car is only an additional service provided by the seller to facilitate the transaction, the loan itself will generate certain interest, so there is no need to pay additional service fees for the loan to buy a car. The bank. Generally speaking, car shops can directly act as guarantors to provide loan guarantees to banks for buyers without charging any service fees. But some private car shops are not qualified for guarantee. These car shops must find a third party as a guarantor, and the service fee is generated.
Vehicle loan conditions:
1. The lender shall be at least eighteen years old and have full capacity for civil conduct.
2. Lenders need stable jobs and economic income.
3. During the loan application period, the car buyer shall deposit no less than the down payment stipulated by the bank in the account handled by the bank savings counter.
4. Guarantee that needs the approval of the lending institution. If the lender's account is not local, it shall provide joint and several liability guarantee.
5. The lender may accept other conditions stipulated by the lending institution.
Car loan procedures:
1. Identification materials.
2. Proof of the marital status of the borrower, such as marriage certificate, divorce certificate, single certificate, etc.
3. Local residence certificate.
4. Guarantee certification materials.
5. The car purchase agreement and deposit invoice shall be provided before the loan is issued.
Loan purchase and recovery process:
1. Book a car first, then go through the loan procedures, determine the specific preferential policies, including car price concessions, gifts or other expenses, and then sign a car purchase contract. Because it is a loan to buy a car, so read the terms of the contract carefully, ask if you don't understand;
2. There are generally two kinds of materials for loan procedures. The first type of required materials include ID card, driver's license, marriage certificate, real estate license, income certificate, bank running water (6 months, stamped with the official seal of the bank); The second is to launch a quick loan plan for car companies or individual brands with a high down payment ratio. This method is relatively simple. Generally, only one ID card is needed. Note: if you apply for a car loan in a bank, you generally need the first method, and the second method is generally applicable to the finance companies of most car companies;
3. Waiting for approval materials, regardless of the loan method, the qualifications of loan applicants are generally approved. Approval is generally divided into online or offline. If it is online, the general practice is to call the applicant to ask about things related to car purchase and personal work, and then decide whether to pass. Those with very good qualifications (such as civil servants, employees of public institutions and individuals with good credit records) can pass the examination and approval directly. Offline approval is generally a home visit, but this is mainly for applicants with poor qualifications. In fact, the staff of financial companies will go to the applicant's home or workplace to conduct on-the-spot investigations to understand the specific situation;
4. Pay the down payment. After the loan is approved, we need to pay the down payment to the 4S shop first, then the 4S shop will issue a receipt for the down payment, and finally hand it over to the bank or finance company to wait for the loan;
After paying the down payment, the bank or finance company will lend to the 4S shop or apply for a loan, so that we can issue an insurance invoice and pick up the car normally.
Is the car loan financial service fee illegal?
It is illegal to borrow financial service fees to buy a car. Financial institutions shall not ask customers to accept unreasonable intermediary business and other financial services by issuing loans or providing financing in other ways, thus charging fees. The behavior of car sales companies to induce consumers to choose loans to buy cars and collect their "financial service fees" has constituted an illegal act with unreasonable conditions. If cheated, consumers can claim triple compensation. According to China's laws, financial institutions are not allowed to provide financing by issuing loans or other means, requiring customers to accept unreasonable intermediary business and other financial services, thus charging fees.
legal ground
Notice on rectifying the irregular business practices of banking financial institutions Article 3 Financial institutions shall not require customers to accept unreasonable intermediary business and other financial services by issuing loans or providing financing in other ways, and collect fees.
Can I borrow the car service fee?
You can't borrow the car service fee. Because the loan amount is limited to the car price, excluding other insurance premiums and service fees. The service fee for the loan to buy a car is the agency fee, which is the fee charged by the seller to assist in the loan.
The service fee is actually the financial service fee charged by the dealer when the consumer entrusts the dealer to handle the loan formalities. This financial service fee is set by each dealer, so it cannot be included in the loan.
Other brief introduction about auto loan.
Auto loan application conditions:
(1) The car buyer must be at least 18 years old and a citizen of China with full civil capacity.
(2) Car buyers must have a relatively stable job, a relatively stable economic income or assets that can be easily realized, in order to repay the loan principal and interest on schedule. Assets that are easy to realize here generally refer to securities and gold and silver products.
(3) During the loan application period, the car buyer will deposit the car purchase down payment lower than that stipulated by the bank into the account of the bank savings counter.
(4) Providing banks with bank-approved guarantees. If the personal account of the car buyer is not local, it should also provide joint liability guarantee, and the bank will not accept the mortgage set by the car buyer for the car purchased by the loan.
(5) Car buyers are willing to accept other conditions deemed necessary by the bank.
How much is the financial service fee for the loan to buy a car?
Mortgage auto finance service fee: 1, service fee, if you buy a car with a loan, it is actually a car mortgage, and it takes a certain fee to buy a car with a loan, so many 4S shops are just a gimmick, and generally charge according to the amount of your loan; 2. If the loan is 6,543,800 yuan, it will be paid off in three years, and the handling fee is more than 5,000 yuan, and the service fee is about 654.38+ 0,000-654.38+0, 500 yuan. Different loan companies offer different prices. In fact, in this way, there is still interest, but the charging method is different. 3, auto insurance, this auto insurance must be bought, that is to say, as long as you have a loan, you must buy it in this 4S shop, and the cost is more expensive than buying it outside; 4. Margin, which is mainly to prevent customers from not buying insurance in 4S stores. Generally need 1000-2000 yuan. It is said that it will be retired, but it happens from time to time.
This is the end of the introduction about whether it is legal to buy a car with loan service fee and car loan service fee. I wonder if you found the information you need from it?