What are the interest-free conditions for car loans?

Requirements for interest-free car loans:

1. The lender must be at least 18 years old, have civil capacity and bear certain legal responsibilities.

2. Lenders need to have a stable income, which is an important basis for banks to lend to them.

3. The lender has a good reputation and certain repayment ability.

Interest-free loans for 1-3 years are common, that is, the lender does not need to repay the interest after paying off the principal in 1-3 years, and once the loan time is exceeded, it needs to pay the fees generated by the interest for the rest of the time.

Interest-free loan in March, compared with the previous loan method, is the time difference. The lender must pay off the loan within p>13 months, otherwise it will need to pay interest.

What are the conditions for buying an interest-free loan for a car?

With the decline of car prices and the improvement of people's living standards, car loans have become all the rage, especially the interest-free loan for buying a car has been widely concerned in recent years. So what are the conditions for an interest-free loan to buy a car? Let me summarize it for you today.

1. Conditions for buying an interest-free loan for a car

1. A natural person with full capacity for civil conduct

2. A local permanent residence or valid residence status with a fixed and detailed address

3. A legitimate occupation and a stable and reliable source of income. Have the ability to repay the principal and interest of the loan on schedule

4. Hold the purchase agreement or contract of the designated brand car signed with the dealer designated by the lender

5. Provide the property mortgage, pledge or third-party guarantee recognized by the lender, and the guarantor shall be an individual or unit recognized by the lender and bear joint liability

6. If the buyer is a husband and wife or a family member, he must * * * apply at the scene together. A power of attorney should be filled in and signed and sealed

7. There is a car purchase payment of not less than the down payment amount in the bank designated by the lender

8. Other loan conditions stipulated by the loan bank are implemented

ID card, household registration book, marriage certificate, work certificate, income certificate, bank flow, credit record, 3% down payment certificate and car purchase contract are provided

1. Apply for a loan: you can fill in the application form for automobile consumption loan, credit information questionnaire and personal income proof materials at the bank

2. Examination and approval by the bank or finance company: the bank or finance company will examine the applicant, and if it meets the requirements, they will contact the applicant according to the contact information provided by the applicant

3. Sign a contract: the applicant signs a loan contract, a guarantee contract and a mortgage contract with the bank or auto finance company. At the same time, mortgage registration, insurance and other procedures should be handled

4. Lending: auto finance company and goods bank issue loans

5. Pick up the car: Bring the required certificate to pick up the car

The above is the introduction of the information about interest-free loan for buying a car, and friends who want to buy a car must know clearly in advance.

what are the requirements for interest-free loans, and what are the ways to buy a car with interest-free loans?

The conditions for buying a car with interest-free loans are similar to those for buying a car with ordinary loans. As long as the lender has a stable job and economic income, can repay the loan principal and interest on schedule, and has good personal social credit, he can apply. At the same time, interest-free loans to buy a car also require the lender to pay the car down payment. However, the interest-free car loan must be tied to the model, and only the models that meet the rules can buy the car loan without interest.

and what are the ways to buy a car with interest-free loans? Let's focus on the zero down payment interest-free loan to buy a car under the three kinds of loans: credit card installment, auto company finance company loan and bank loan.

1. auto finance company loans

In recent years, auto finance is being regarded by auto companies as a magic weapon to rescue the depressed auto market. A while ago, some auto finance companies even bought cars with zero down payment and interest-free loans, and some auto companies without financial companies also asked banks to cooperate with various preferential loans. The trend of buying cars with zero down payment and interest-free loans continued to be hot. However, assuming that you enjoy zero down payment and interest-free loan to buy a car, car buyers generally can't enjoy the car price concessions of dealers.

2. Buying a car by installment with a credit card

In recent years, the effect of buying a car by installment with a credit card is an automobile financial effect opened by the cooperation between the issuing bank and the automobile company. According to different products, the loan amount can reach up to 2, yuan, which can be repaid in 12, 18 and 24 installments. Generally, there is no interest, only a handling fee accounting for the installment amount is charged, and some promotional products are even exempted from handling fees. The naked car price of credit card installment purchase is generally based on the internship quotation of the shopping mall, and it is not necessary to follow the company's guidance price. In practice, some products with zero handling fee are equivalent to car dealers' handling fee, so there is no discount in car purchase quotation, and they must be bought at the manufacturer's guide price, and car buyers should carefully weigh them when buying.

3. Bank personal car loan

This is a guaranteed loan for banks and car dealers to pay the car buyers in one lump sum, and provide insurance and notarization for car buyers in conjunction with insurance and notarization organizations. The car loans of major banks are based on two lines: one line is to make direct car loans, and customers who want to borrow money to buy a car can contact the bank outlets directly and go to the bank to handle the relevant loan application business themselves. The other line is to cooperate with 4S stores, where customers buy cars. If customers need to apply for loans, 4S stores will directly introduce them to the cooperative banks; Direct car loan, the procedure is more laborious, but the cost is lower.

Conditions for buying a car with zero down payment and interest-free loans

There are also many kinds of car loans. For example, if you buy a car with interest-free loans, you only need to pay back the principal of the bank. However, interest is the profit point of these lending financial institutions. Then, what are the conditions for applying for a zero down payment interest-free loan to buy a car?

loan target:

people with stable jobs and high income who want to buy a car but can't pay the full amount. These people are mainly young buyers under the age of 3. Because of their short working hours and limited savings, interest-free loans are very popular among these people.

The other category is some consumers who are good at financial management.

Car loan method:

There are two common loan methods in the market. One is "1-3 years interest-free loan method", which is also the most common mortgage method in the market. Consumers only need to pay the principal, and all the interest generated during the period is borne by the dealer. However, only within the interest-free period stipulated by the manufacturer, the repayment is zero interest, and the expenses generated by interest will be paid normally for the remaining months.

the other is the "13-month interest-free loan method", which has a maximum time limit of 13 months, and the repayment within the specified time limit is zero interest, and prepayment is not supported.

loan procedures:

valid personal identification;

household registration certificate or long-term residence certificate (residence certificate can be provided such as water and electricity bills, telephone bills, etc.);

personal income certificate, and family income or property certificate when necessary;

work certificate of the current unit.

marriage certificate and spouse's ID card (spouse's materials and marriage certificate are not required for unmarried people, but divorce certificate or divorce agreement is required for divorced people), and the car purchase agreement, contract or letter of intent signed with the dealer (both new cars and used cars can be issued).

What are the conditions for buying a car with an interest-free loan?

Buying a car with an interest-free loan, as its name implies, is to set the interest of the loan to zero, and only need to pay back the principal of the bank. However, interest is the profit point of these lending financial institutions. Of course, its handling is conditional and can not be handled casually. Car loan conditions: no preferential price, long operation process, relatively long time to pick up the car, etc. More importantly, some so-called zero interest rates also require handling fees, which generally require car owners to pay 3% to 9% of the loan amount. Loan target: A group of people with stable jobs and high income who want to buy a car but can't pay the full amount. These people are mainly young buyers under the age of 3. Because of their short working hours and limited savings, interest-free loans are very popular among these people. The other category is some consumers who are better at financial management. Article 13 Determination of loan interest rate: The lender shall determine the interest rate of each loan according to the upper and lower limits of loan interest rate stipulated by the People's Bank of China, and specify it in the loan contract.

what are the procedures and conditions for buying a car with zero down payment?

There are generally two forms of buying a car with zero down payment and interest-free loans. The main difference lies in who applied for it. The first is to apply for a loan at the bank's online shop. After the guarantee procedures are implemented, the customer will go to the dealer to buy his own vehicle. The second is to choose the vehicle you want to buy from the 4S shop, sign a contract with the dealer, and the dealer will apply for a loan.

The specific process is as follows:

The first one: the customer directly applies for a loan to buy a car at the bank's outlets. After the guarantee procedures are implemented, the customer can choose a dealer to buy a car that he is satisfied with.

the second type: select the car to be purchased at the special dealer of the bank, sign a car purchase contract or agreement with the dealer, and then apply for a loan through the dealer.

1. Choosing a loan

Carefully choosing the loan car buying mode is the most important step in the loan car buying process.

2. Apply

After taking a good look at the vehicle to be purchased, fill in the application form for automobile consumption loan and the questionnaire on credit status, and submit it to the loan bank together with the relevant certificates of personal situation, the price of the vehicle (fare) and the vehicle information parameters on the certificate (provided by the seller).

3. The bank conducts pre-loan investigation and approval

After accepting the loan application, the bank investigates the credit status of the borrower and the guarantor. For those who meet the loan conditions, the bank will promptly notify the borrower to fill in various relevant forms.

4. Contract signing

Notify the borrower to sign a loan contract, a guarantee contract and a mortgage contract, and go through the formalities of mortgage registration and insurance.

5. Lending

A bank issues a loan, which is directly transferred to the account of the car dealer by the bank.

Conditions for buying a car with zero down payment and interest-free loan

A. A natural person with full capacity for civil conduct.

B. Have a residence status at the place of permanent residence and a fixed and detailed address.

C. It has a proper occupation and a stable and reliable income source, and has the ability to repay the loan principal and interest on schedule.

D. hold the purchase agreement or contract of the designated brand automobile signed with the dealer designated by the lender.

e. provide property mortgage, pledge or third-party guarantee recognized by the lender, and the guarantor shall be an individual or unit recognized by the lender with compensatory ability and bear joint and several liabilities.

F. If the buyer is a husband and wife or a family member, he/she must * * * apply at the scene together. If one party cannot be present for some reason, he/she should fill in the power of attorney and sign and seal it.

that's enough for the introduction of the conditions for buying a car with interest-free loans.