China Merchants Bank’s credit card loan to buy a car—Car Purchase Easy Product Introduction The official name of China Merchants Bank’s credit card car purchase is “Che Purchase Easy”. As long as you are a credit card holder of China Merchants Bank, you can apply for this loan. Services, but the premise is that only long-term cardholders who have been invited by China Merchants Bank or certified can pass the loan approval (cardholders must have held the card for at least 1 year, have no bad credit record, and have a credit limit of at least 5,000 yuan). There are already 13 brands that have cooperated with China Merchants Bank in the "Car Purchase Easy" activity, all of which are joint venture brands, namely: Guangzhou Honda, Dongfeng Peugeot, Beijing Hyundai, Changan Suzuki, Dongfeng Citroen, Shanghai Volkswagen Skoda, GAC Toyota, and Shanghai GM Chevrolet, FAW Toyota, FAW-Volkswagen, Dongfeng Yueda Kia, Shanghai Volkswagen and Dongfeng Honda, but not all models on sale of all the above brands can apply for "Car Purchase Easy". For specific information, see the table below: Use a credit card loan to purchase a car It only charges handling fees and no interest, which is already very affordable compared to commercial loans. But now China Merchants Bank has also launched a "handling fee-free" campaign with some brands to purchase designated models, which brings great benefits to consumers. . As long as long-term cardholders holding a China Merchants Bank credit card can apply for "Easy Car Purchase", China Merchants Bank's "Easy Car Purchase" activity is the earliest credit card car purchase activity in China, and it is also a credit card car purchase activity that involves the most brands and is relatively mature. However, the approval process for China Merchants Bank’s “Easy Car Purchase” activity is relatively strict, and you can only apply for it after you have been a China Merchants Credit Card user for a period of time. Detailed information on China Merchants Bank’s “Car Purchase Easy” loan. Advantages: It involves many brand models and offers “zero handling fees” for car purchases. Disadvantages: Loan requirements are strict
China Merchants Bank credit card loan car purchase process 1. Call China Merchants Bank to inquire about the application qualifications and installment limit of Chegouyi (i.e. credit card installment car purchase product); 2. Specify in China Merchants Bank Select your favorite car model at the contracted car dealer; 3. The cardholder goes to the dealer to handle the on-site car purchase business with his or her valid ID card. The ID card includes: ID card, passport, military officer ID card and others when applying for a credit card. Valid certificates presented; 4. The cardholder goes to the dealer to swipe the card to pay for the car purchase in installments; 5. After the vehicle registration procedure is completed, China Merchants Bank notifies the cardholder to go to the local China Merchants Bank Credit Card Department to sign the following documents: (1) Car Purchase Easy Installment Contract (2) Car installment mortgage contract (3) Authorization letter (allowed by the local vehicle management office, and the cardholder needs China Merchants Bank to handle the mortgage procedures). After the mortgage procedures are completed, the dealer will notify the cardholder to pick up the car and provide specific details. Please consult the dealer for the driving time.