Hello!

Depending on your situation, in addition to considering loans from car finance companies, you can also consider two other forms of car loans.

The first is bank loans. The interest rate of bank loan to buy a car is very cost-effective, but the threshold is high and the procedures are cumbersome. It is more suitable for people who have local household registration and real estate, and are not very sensitive to "time cost", usually civil servants, financial industry employees, as well as doctors, lawyers, teachers It is relatively easy for professionals and technicians to obtain car loans from banks.

The specific operation form is:

1. Customer application. The customer applies to the bank, fills in the application form in writing, and submits relevant information;

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

3. Grant the loan. After the loan is approved by the bank and all procedures are completed, the bank will transfer it directly to the car dealer's account according to the contract;

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

5. The loan is settled.

The second is to buy a car in installments with a credit card. Credit card installment plan is also a good option. There is no interest when buying a car in installments with a credit card, but there is an installment fee, and the fee rates vary widely for different models. Generally speaking, the handling fee for 12 periods is between 3 and 5, and for 24 periods it is between 4 and 7.

In fact, compared to car loans and car finance company loans, the car purchase installment procedure is the simplest; however, before applying for a credit card installment to the bank, it is recommended to prepare the following application materials in advance to speed up the process: Identity Proof documents such as ID card, household registration book, marriage certificate; work certificate documents such as work/income certificate issued by the unit, or business card, social security payment account number, etc.; asset certificate documents, that is, real estate certificate, monthly salary and bonus Bank statements, etc.