Automobile bank loan process

What is the bank's process for buying a car with a loan?

Car loan. Car buyers go to bank outlets for consultation.

2. The auto lender selects the car to be purchased at the dealer and signs a car purchase agreement with the dealer.

3. Auto lenders apply for loans at bank outlets.

4. In the process of auto loan, banks should review the credit of users.

It is very important to sign loan and guarantee contract in the process of car loan.

6. Banks such as car loans issue loans to allow users to apply for vehicle insurance and pick up cars.

7. Car loan. Customers repay on time.

1. The borrower submits the loan application materials to the bank;

2. The bank conducts a preliminary examination of the application materials submitted by the borrower;

3. The bank conducts credit investigation and customer evaluation on the borrower;

4. The bank examines and approves the loan application that meets the loan conditions through preliminary examination and credit investigation;

5. If it is approved, notify the borrower to go through relevant procedures such as signing, lending, mortgage or pledge; If it fails to pass the examination and approval, it shall explain to the borrower;

6. After the loan contract comes into effect, the handling bank will issue loans. Special loan method is adopted, that is, according to the loan contract, the handling bank directly transfers the loan to the dealer account of the borrower's car purchase.

How to get a loan from the bank to buy a car? What are the procedures?

The process of handling car loan in the bank is:

1, prepare materials. The borrower needs to prepare his own ID card, work certificate, income certificate, residence certificate, loan use certificate and other materials;

2. apply. Bring materials to the bank to fill in the loan application form and submit materials;

3. Bank approval. The bank will investigate and approve the materials;

4. handle the guarantee. The borrower needs to go through mortgage guarantee and other procedures;

5. Sign a loan contract. If the borrower is approved, it can sign a contract with the bank;

6. loans. After signing the contract, the bank is ready to lend money.

Pay attention to buying a car and bank loans.

After the loan is completed, the bank will transfer the loan amount to the personal bank card. At this point, you need to pick up the car at the 4S shop and then pay the remaining 30% down payment. At this time, all expenses have been paid, and various taxes and fees need to be paid (of course, the 4S shop will assist individuals to complete all procedures).

After all formalities are completed, the vehicle registration certificate must be mortgaged in the bank, and individuals should take good tax payment certificates, invoices, vehicle driving licenses and other valid documents. After the vehicle loan is paid off, the 4S shop or the bank will notify the individual to go to the vehicle management office to go through the formalities of putting the car. At this time, the vehicle registration certificate will be considered as "own" car.

What are the procedures for buying a car with a loan?

Loan to buy a car is divided into two modes, bank loan and dealer loan. At present, loans to buy cars mostly come from banks, and the bank loan process is summarized as follows:

1. Apply to the bank.

After the car dealership is optimistic about the car it likes, it should fill in the Application Form for Automobile Consumption Loan and the Questionnaire on Credit Status, attach relevant certificates of personal situation, and submit them to the bank together with the price and parameters of the car.

2. Bank investigation and approval.

After receiving the loan application, the bank will investigate the credit status of the borrower and the guarantor, and notify the borrower to fill in the corresponding loan application form in time if it meets the loan conditions.

3. Signing a contract: After approval, the bank will notify the borrower to sign a loan contract.

4. Lending: After signing the contract, the bank will lend money.

5. Handling car pick-up procedures: the borrower submits the down payment, handles the car pick-up procedures with the passbook and the car pick-up note issued by the bank, and gives the car a license.

The above is the process of buying a car with a loan. When a car buyer borrows money to buy a car, it is best for the lending bank or lending institution to choose a safe, reliable and honest one.

The whole process of buying a car with a loan

The specific process of buying a car with a loan is:

1, select the vehicle type, then apply for a loan and provide personal information;

2. Report to the Bank, review with other banks, and sign a loan agreement after passing the examination;

3. The car dealer informs the applicant to pay the down payment and then raises the car license;

4. Handle mortgage registration and other procedures;

5. Bank loans, the applicant repays on time.

Legal basis:

Article 11 of the Interim Measures for the Administration of Personal Loans

Personal loan application shall meet the following conditions:

(1) The borrower is a People's Republic of China (PRC) citizen with full capacity for civil conduct or an overseas natural person who meets the relevant provisions of the state;

(2) The purpose of the loan is clear and legal;

(3) The amount, duration and currency of the loan application are reasonable;

(4) The borrower has the willingness and ability to repay;

(5) The borrower's credit status is good and there is no significant bad credit record;

(6) Other conditions required by the lender.

The second-hand car loan business provided by banks has higher requirements for borrowers. Generally, borrowers are required to have a proper occupation, stable income, the ability to repay on time and good personal credit. If you can prove that you own a local property, the borrower's loan application will be more secure. Take Beijing as an example. Applicants must have Beijing hukou, ID card and permanent residence. /kloc-citizens aged 0/8 to 60; Need to have a stable job and a stable income.

The materials to be prepared for applying for a loan include: the identity card of the car buyer; Household registration book; Housing certificate; Proof of income: the monthly income must be twice the monthly repayment amount; Two recent one-inch photos. If the buyer is married, marriage certificate and spouse certificate are required.

1. Car buyers go to the bank outlets for consultation, and the outlets recommend the special dealers who have signed the Cooperation Agreement on Used Car Consumption Loan with the bank.

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. 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 for guarantee, and other conditions stipulated by the lender.

4. The bank will review the user's credit, notify the car buyer within 15 working days after the loan application is accepted, and sign a loan contract for second-hand car consumption with the borrower who meets the loan conditions. The maximum loan amount for second-hand car consumption does not exceed 60%~80% of the car purchase price (different banks), and the longest loan period does not exceed three to five years (different banks, taking Beijing as an example, must make a down payment of 50% for second-hand car loans, 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 a loan contract and related guarantee contract with him. Guarantee methods and corresponding procedures:

(1). If the user provides a third-party joint and several liability guarantee (except banks and insurance companies), the guarantor signs a guarantee contract with the bank, and the insurance company can also provide a joint and several liability performance guarantee or the bank can provide a letter of guarantee.

(2) The user should sign a mortgage or pledge contract with the bank to guarantee by mortgage or pledge. If the house is mortgaged, it must be appraised and confirmed by the designated appraisal agency, and the bank and mortgagor shall go through the mortgage registration at the county real estate registration office where the house is located, and the contract will 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) If the purchased second-hand car is used as collateral, the bank shall issue a loan notice to the special dealer in time. After the purchased second-hand car is licensed, the bank shall go to the vehicle management office for mortgage registration.

6. The bank issues loans, and the user handles vehicle insurance and picks up the car. 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 the customer goes through the formalities of property insurance, the bank issues loans. The types of insurance include: vehicle loss insurance, third party liability insurance, burglary insurance and spontaneous combustion insurance. All kinds of insurance period shall not be shorter than the loan period.

The whole process of loan car purchase process

The process steps of buying a car by loan are: 1. Customers choose and order cars, sign a car purchase agreement with car dealers and pay a deposit. 2. Prepare personal ID card, bank account, car purchase agreement and other materials to apply for car loan at the bank (auto consumption finance company) business outlets, collect the application form at the counter to fill it out, and then hand the completed form together with the materials to the staff.

3. After the bank (auto consumption finance company) accepts the application, it starts to sort out the information, carries out the examination and approval, and informs the customer as soon as the examination and approval result comes out. 4. After receiving the notice, the approved customer will sign the loan contract at the outlet within the agreed time, handle the vehicle mortgage and other related procedures, pay the down payment at the 4S shop, and then wait for the loan.

5. The loan funds are paid to the account. After the 4S shop receives the final payment, the customer can take the personal ID card to pick up the car and give the car a license. Then, remember to repay the car loan in installments on time according to the repayment plan agreed in the loan contract. After the car loan is settled, the customer can apply for the loan settlement certificate, get back the vehicle registration certificate, and then go to the vehicle management office to understand the mortgage procedures.

What is the process of handling car loans?

Loan to buy a car loan process:

1, customer application. Customers apply to the bank, fill in the application form in writing and submit relevant materials at the same time;

2. Sign the contract. After the application materials submitted by the borrower are approved by the bank, the two parties sign a loan contract and a guarantee contract, and go through the relevant notarization and mortgage registration procedures as appropriate;

3. issue loans. After all the formalities are completed, the loan approved by the bank will be directly transferred to the car dealer account by the bank according to the contract;

4. Repay on schedule. The borrower repays the loan principal and interest according to the repayment plan and repayment method agreed in the loan contract;

5. loan settlement.

deadline

Usually the shortest is 6 months and the longest is 5 years. Shanghai Industrial and Commercial Bank can extend the automobile consumption loan under the official car reform to 8 years at the longest. The longest loan period of Shanghai Agricultural Bank for self-use vehicles is 5 years, and the longest loan period for operating vehicles is 3 years.

The loan interest rate is 4.2% for six months, 4.425% for 1 year, 4.575% for three years, 4.65% for five years and 4.8% for eight years (Shanghai Industrial and Commercial Bank).

5.04% in 6 months, 5.3 1 year, 5.49% in 3 years and 5.58% in 5 years (Shanghai Pudong Development Bank and China Construction Bank).

Repayment method

For loans with a term of less than 1 year, the principal and interest are generally repaid in one lump sum on the maturity date of the loan, and the interest is paid off together with the principal. There are two main repayment methods for loans over one year, and the calculation formula of monthly repayment interest is as follows:

Matching repayment method of principal and interest: total loan amount × monthly interest rate × monthly interest rate ÷[( 1 interest rate) Total repayment months-1].

Average repayment method: loan principal ÷ total repayment months (loan principal-accumulated repaid principal) × monthly interest rate.

According to statistics, many consumers prefer to borrow money to buy a car. Before buying a car with a loan, you need to fully understand relevant knowledge.

Pay attention to the black tricks of lending to buy a car.

The first black trick: make excuses in the process of car loan and charge more.

This is also the most commonly used trick of many car loan guarantee companies and car dealers, and it is also the best one, because friends who handle car loans are often eager to get a car, and there are few friends who know these expenses carefully in private. In addition, the current car loan industry is not very standardized, and there is no exact charging standard for car loans. Therefore, many car dealers have opened their mouths and added unwarranted fees everywhere. Even a project has several names and repeated charges. Cracking this trick is actually very simple. There is a lot of information on the internet now. Spend more time, shop around, and go to the jar to see the experiences of friends who used to apply for car loans. Basically, you can see through those fares. The trouble of remarriage, car loans have to be reissued.

The second trick is black trick: not handling car loans according to the agreed standards.

At present, there are many automobile loan guarantee companies. Many guarantee companies blow their services like flowers in order to win customers. Even many car loan companies often give many promises when consumers go through the formalities, but in fact these promises are mostly empty talk. After the auto loan contract was signed, many original promises could not be handled smoothly. At this time, if you go to them again, the loan company will often stick to it. Loan to buy a car, car loan or mortgage loan?

The third black trick: use the car purchase contract or agreement to deceive consumers.

When signing a car loan contract, some consumers indicate in the contract that the repayment method is "equal principal and interest repayment method", but consumers print the details of personal car loans in the bank as "increasing principal and decreasing interest". Obviously, the dealer (intermediary company) must have done something wrong.

Although the car loan policies of major banks are basically the same, they have their own characteristics, so individuals can learn about bank loans and make choices.

The introduction of the loan process of the car dealership ends here.