Not too high, first, good credit information, and second, the bank's punch card salary.

2. What is the minimum threshold for car loan? I want to apply for a car loan.

The maximum loan amount is 2 million yuan. And the maximum loan amount does not exceed 80% of the price of the purchased vehicle (excluding various additional taxes and premiums); The maximum amount of personal car loan for imported cars shall not exceed 70% of the price of the car purchased (excluding various additional taxes and premiums). The loan term is generally not more than 3 years, and the longest is not more than 5 years.

If you have seen the car you need to buy through the car dealer, you can confirm whether you have cooperation with China Merchants Bank through the car dealer. If not, you can try to contact the personal loan department at the counter of China Merchants Bank directly to apply for a loan for you. The handling bank needs to examine your situation in detail to determine whether it can be handled.

Third, what conditions do car loans need to have before they can be loaned?

1, basic conditions

The minimum age of car loan 18 years old, not exceeding the maximum age stipulated by financial institutions. Moreover, the applicant must provide valid identity documents and have a complete civil act. In addition, other basic requirements of lending institutions must be met.

2. Credit conditions

When handling a car loan, you must check the credit information, and the applicant's credit information is also very important. Generally speaking, it is better for the applicant not to be a white household. The credit report contains credit records such as credit cards or other loans, and the credit status should be in a good state, with no bad credit records such as overdue, bad debts and compensation.

In addition, the applicant's credit inquiry records should not be too many, so as to avoid that the credit report is inquired by financial institutions too many times because of frequent handling of loans and credit cards, which will lead to changes in credit information and affect the car loan review to a certain extent.

3. Economic situation

This is the basis to measure whether the applicant has the ability to repay the loan. First of all, the applicant should pay a down payment of 30% with his own funds, and pay back the monthly payment with money every month. Under normal circumstances, the applicant's income should not be less than twice the monthly payment.

If the applicant's own economic conditions are not very good, under the condition of meeting the above 1 and 2 points, the co-lenders who meet the same conditions can be increased to repay jointly, and the income of two people will be used as repayment guarantee, and the success rate will be relatively higher.

4. What is the minimum down payment for car loan?

What is the minimum down payment for car loan? How much is the general down payment for buying a car?

The People's Bank of China stipulates that the down payment ratio of car loans and personal loans is more than 20% (20%). If a car is 654.38+ 10,000 yuan, the down payment for car loan must be at least 20,000 yuan.

The down payment varies according to the selected model, age and version. When buying a car with a loan in a 4S store, the down payment is generally 30%. Usually people will choose 36-term (3-year) car loan products, and the loan interest will fluctuate between 5% and 8%. For those with real estate license and collateral as collateral and a stable source of income, in this case, the down payment is not 30%, and the down payment ratio can be lowered by 10%, that is, the down payment is 20%.

Outside car dealers or car loan agencies have a lower down payment threshold and can achieve "zero down payment" and "zero interest", but it needs to be clear that these offers are not free. In fact, in order to attract more customers, dealers and manufacturers will put down the loans first and then get them back from consumers in other ways. Of course, through this kind of loan, they will find that the interest is higher than that of the bank.

The down payment for car purchase also includes other charging items: auto insurance, vehicle purchase tax, licensing fee, etc. Take a car with a price of about 6,543,800 yuan as an example. If you go to a 4s shop to buy vehicle insurance, you need 6000 yuan more than before, and the vehicle purchase tax is about 8500 yuan, and the license fee is 350 yuan. These expenses add up to 6.5438+0.5 million yuan. Therefore, when choosing car loan products, it is necessary to know which items need to be charged separately to avoid unnecessary losses.

Loan car purchase process

(1) First, the customer needs to apply to the bank and fill in the corresponding application form, and provide the required materials (such as local household registration book, ID card, valid income certificate, etc.). ) as required. If necessary, they can call the customer service of the bank first to avoid making another trip.

(2) Those who pass the examination and approval shall sign loan contracts and contract guarantees, handle relevant notarization as appropriate, and complete mortgage registration procedures.

(3) The bank issues loans after approval, and transfers the money to the designated account of the automobile dealer or individual according to the agreed transfer method.

(4) The borrower needs to repay the loan as agreed in the contract. In case of normal settlement or early settlement, the borrower needs to hold a valid ID card and a loan settlement certificate issued by the bank, go to the bank to retrieve the relevant custody certificate and supporting documents, and go through the mortgage registration cancellation procedures at the original mortgage registration department.

(5) It is a serious situation that the repayment is overdue for more than 3 months, and the overdue record can be entered into the credit information system. In severe cases, the owner will be sued and have the right to tow the vehicle by auction for repayment.