For new credit card holders, they can also apply for car purchase by installments, but the general requirement is that civil servants, teachers, doctors, lawyers, accountants and other people can enjoy this business.
The credit card installment purchase process of China Merchants Bank is generally as follows:
First, go to the 4S store to choose the right model, and then show the ID card, credit card and work certificate to the store staff.
2. The dealer is responsible for submitting the materials to the issuing bank, and China Merchants Bank will confirm the loan after a few hours of backstage approval at the earliest.
Third, consumers can pick up the car after paying the down payment (it should be noted that the down payment for car purchase cannot be paid by China Merchants Bank credit card).
After picking up the car, you must sign a mortgage agreement with China Merchants Bank, mortgage the purchased car to the bank, and release the mortgage after paying off the full amount.