Car loan refers to the loan issued by the lender to the borrower who applies for buying a car, also known as car consumption loan. Usually, lenders include banks, auto consumer finance companies and automobile manufacturers. Lenders need to provide personal identity card, vehicle registration certificate, driving license, bank card and other related materials before applying. Under normal circumstances, the maximum loan amount does not exceed 80% of the price of the purchased car.

Extended data:

1. What are the conditions for buying a car with a loan?

1, with valid identification and full capacity for civil conduct;

2. Can provide a fixed and detailed address certificate;

3. Have a stable occupation and the ability to repay the loan principal and interest on schedule;

4. Personal social credit is good;

5. Holding a car purchase contract or agreement approved by the lender;

6. Other conditions stipulated by the Cooperation Organization.

Second, what is the process of buying a car with a loan?

1. Lead customers to choose cars at the bank's special dealers and sign car purchase agreements or contracts;

2. The borrower applies to the loan bank for personal automobile mortgage;

3. Sign the contract with the consent of the investigation;

4. Go through the formalities of notarization and mortgage of automobiles;

5. Lenders (banks) handle loans;

6. After the loan is paid off, the lender (bank) cancels the pledge certificate and returns it to the customer.

3. What does the loan for buying a car include?

1, the original ID card, residence booklet or other valid proof of residence, and provide its copy;

2. Proof of occupation and economic income;

3 car purchase agreement, contract or letter of intent signed with the dealer;

4. Other documents required by the Cooperation Organization.

4. What is the most cost-effective way to buy a car with a loan?

1, credit card loan to buy a car

The advantages of buying a car with a credit card loan are fast, simple and low threshold. Credit card loan procedures are relatively simple, and the audit is much lower than that of banks. Many credit card products have an interest-free period, so car buyers will repay their monthly bills in full and on time, so there is no need to pay interest. However, it should be reminded at this time that the interest-free period and the handling fee are two different charges. When handling the installment, although the bank does not charge interest, it will charge a certain fee. The handling fee varies according to the number of bills, and the interest rates and collection methods of banks are also different.

2. Bank loans to buy a car

The minimum down payment of bank loans can be reduced to 20%, so it is called the choice of prospective car owners who buy cars with loans. In addition, banks can apply for large loans with low interest rates and long repayment period. The most important point is that banks can handle car loans without the restrictions of car models and car dealers, which greatly increases the choice of car buyers. There are many benefits, but it is not so easy to approve. Not to mention preparing a lot of materials, the most terrible thing is that after you spend most of your time going through the process, the bank tells you, "I'm sorry, you don't meet the requirements."

3. Auto financing company loans to buy a car

Not all auto brands have their own auto financing companies. There are no more than fifteen auto financing companies in China. For example, Dongfeng Nissan. The biggest advantage of auto financing companies is that they don't need to provide any guarantee from car buyers, as long as they have a fixed occupation and residence, stable income and repayment ability, and good personal credit. The loan amount is basically the same as that of the bank, and the procedures are relatively simple and the approval speed is fast. At the same time, individual auto financing companies have also introduced flexible repayment, and can choose the loan method that suits them according to their own financial situation.

What is a car loan?

Auto loan refers to the loan issued by the lender to the borrower who applies for buying a car, also called auto mortgage.

Object of loan: The borrower must be a permanent resident of the place where the loan bank is located and have full capacity for civil conduct.

Loan conditions: the borrower has a stable job, the ability to repay the principal and interest of the loan, and good credit; Can provide recognized assets as collateral or pledge, or a third person with sufficient compensatory ability as a guarantor to repay the principal and interest of the loan and bear joint liability.

Loan amount: The maximum loan amount generally does not exceed 80% of the price of the purchased car.

Loan Term: The loan term for automobile consumption is generally 1-3 years, and the longest is no more than 5 years.

Loan interest rate: uniformly stipulated by the People's Bank of China.

Repayment method: you can choose one-time repayment method of principal and interest and installment repayment method (equal principal and interest, equal capital).

An auto financing or guarantee company, as a guarantor who repays the principal and interest of the loan and assumes joint liability, is a third party with sufficient compensation capacity.

What is a loan to buy a car?

A loan to buy a car is also a car loan. When you don't have enough money to buy a car, you can apply for a loan from the bank and pay it back every month.

What is a loan to buy a car?

A loan to buy a car means that you borrow money from the bank, and then the bank will pay back the money in advance. You can mortgage the money back to the bank every month.

What does it mean to buy a car with a loan?

Question 1: What does it mean to buy a car by mortgage? First, consumers submit mortgage applications to car dealers, and then the guarantee company requires customers to prepare personal information according to relevant regulations. Including: identity card, marriage certificate, income certificate, real estate license, residence certificate (household registration book or temporary residence permit, etc.). ) and driver's license. If the customer is an employee of a state-owned enterprise, a copy of the work permit is required. If the customer is an individual and private household, copies of business license, tax registration certificate, organization code certificate and other relevant documents are also required. Of course, you also need a guarantor with a local account. After the information is fully prepared, the guarantee company will make a door-to-door investigation and report it to the bank after confirming the truth. Finally, banks sign loan contracts with customers.

Guarantee fee

A guarantee company revealed the charging standard to the reporter: the site investigation fee is 200 yuan in the second ring road and 400 yuan outside the second ring road; The file management fee is 100 yuan per year according to the loan term; After signing the loan contract with the bank, the customer pays the guarantee fee to the guarantee company. The amount of guarantee fee depends on the loan amount and loan term. At present, the loan period of Shijiazhuang car loan is generally five years and the loan period is one year. The guarantee fee is 1.2%- 1.5% of the loan amount. The loan is two years, and the guarantee fee is 65438+ 0.6%-2% of the loan amount; The loan is for three years, and the guarantee fee is 2.4% of the loan amount. At present, most people who borrow money to buy a car choose a three-year loan period.

Matters needing attention

In addition to the above-mentioned necessary information, there are still some problems to pay attention to: if the customer's account is not in this city, the police station needs to issue a temporary residence permit; For customers without real estate, a real estate guarantor is needed; When the customer is in mortgage to buy a house, he should issue a copy of the purchase contract and a repayment passbook; Customers who have real estate but are still processing the property right certificate need a certificate from the relevant real estate company. In addition, it will be easier for customers to apply for loans if they can also issue academic credentials, deposit certificates, and water and electricity payment vouchers.

Buying a car with a loan also involves auto insurance. At present, only the third party liability insurance is compulsory among the types of automobile insurance. However, if you buy a car by mortgage from a guarantee company, in addition to the third-party liability insurance that you must buy, you also need to buy the whole car theft insurance, car damage insurance and special insurance without deductible.

Question 2: What does it mean to buy a car mortgage? 100 is when you buy a car, there are two ways, one is the full amount.

One way is to buy a car by mortgage. Generally, you pay 30% of the car price yourself, and the other 70% is paid back monthly according to the number of years and interest. Of course, this is the most basic situation. Some car dealers also offer zero down payment and zero interest rate promotion.

In addition, car loans are generally paid off in three years, up to five years.

Question 3: What does it mean to get a loan to buy a car and pay the final payment? You regard the final payment as a topic of Baidu, and Baidu has an answer.

Question 4: What does the total car loan cost mean? The total cost of car loan is easy to understand. Simply put, it refers to the cost, interest and other related expenses of the car.

In other words, you bought this car with a loan, so after you pay off all the car loans, there will be some interest and other related expenses, so there will be a total cost, which is called the total cost of car loans.

Question 5: What does monthly car loan mean? A car loan is a loan to buy a car.

Monthly mortgage refers to the monthly repayment amount that the lender should pay to the lending bank during the repayment period, including the principal and corresponding interest, when purchasing commercial houses and motor vehicles by bank mortgage.

Monthly car loan is the principal and interest paid to the bank every month by borrowing money to buy a car.

Question 6: Cars are divided into stages. Who can tell me what it means? 10 points is essentially a loan to buy a car.

The loan money, plus interest or handling fee, is paid to the bank every month according to a certain period (1 year, two years, etc.). ).

Question 7: What does it mean to buy a car at 0 interest rate? This is just a marketing tool. Remember that wool comes from sheep, and profiteers will never do business at a loss. Look at the following article, and you will understand what a zero interest rate is.

When the bank car loan interest rate needs to rise 10% on the basis of the benchmark interest rate, the high interest rate makes "0 interest rate 0 interest" become the yearning of many consumers who are ready to borrow money to buy a car, but when you choose this kind of car loan,

However, it is found that there are very few optional models, and the discounts are all 50%. Such restrictions are inexplicable and even have a high handling fee. After calculation, "0 interest rate 0 interest" didn't make you get much cheaper.

Mr. Liu, who has always wanted to buy a car, once considered borrowing money to buy a car, but found that only the guarantee fee, insurance premium and other related expenses would cost more than 7,000 yuan, which is very uneconomical if the annual interest is added. "I heard that some models have zero interest rates." Mr. Liu began to think of zero interest rate.

situation

Maximum difference of car loan in two years 1272 yuan.

Take 1 1 10,000 yuan automatic car as an example. Calculated by ordinary loans, the down payment is 40%, and the loan is 65,000 yuan, which will be paid off in two years. The total interest for two years is about 5500 yuan, and then the monthly repayment is about 2937 yuan.

According to the credit card installment repayment calculation: 40% down payment, the remaining 65,000 yuan car payment, paid off in two years. Credit card repayment does not need to pay interest, but the handling fee is 6.5% of the loan amount, about 4225 yuan. After accounting, the monthly repayment is about 2884 yuan.

According to this calculation, paying back the car loan by credit card costs less 53 yuan per month than ordinary loans, saving 1272 yuan for two years.

"Zero interest rate" is insulated from the best-selling cars.

Buying a car with a loan can make many people drive ahead of time. The bank car loan interest rate rises by 65,438+00% on the basis of the benchmark interest rate, so consumers not only enjoy the preferential price of buying a car in one lump sum, but also pay higher interest. If you apply for a regular car loan of 6.5438+10,000 yuan, you can pay it off in three years by means of equal principal and interest, and the interest paid in three years is as high as 6.5438+10,000 yuan, which is really not cost-effective. Therefore, "0 interest rate 0 interest" is favored by some consumers.

At present, smart car dealers naturally understand the hearts of consumers and begin to promote zero interest rate and interest-free publicity. "Down payment of 80,000 yuan, driving away mazda 6, zero interest, zero monthly payment." It is understood that the so-called zero interest rate and zero monthly payment refers to a down payment of 50%, interest-free within one year, and a one-time repayment of the other half of the car purchase after one year. Will banks or auto financing companies really lend money to ordinary people for nothing? A credit staff told reporters that zero interest rate does not mean that banks or auto financing companies do not charge interest, but that this part of interest is borne by manufacturers and dealers, and then subsidized to banks or auto financing companies. If you carefully observe these models with zero interest rate car loan business, you will find that the real "zero interest rate" discount rarely appears on the hot-selling models, especially the new cars that have just been listed, and most of them are models with large market concessions. A dealer boss mysteriously told reporters that "zero interest rate" is only a propaganda means, and there are many restrictions and mysteries. Rather than simply lending you money, dealers and manufacturers will not do business at a loss.

"zero interest rate" model

If you buy Crown, Corolla, VIOS and other models, you can enjoy "0 interest rate and 0 monthly payment", and you can drive away the Crown with a down payment of 50%. Don't pay within one year, and pay 50% more after one year.

You can enjoy a loan interest rate as low as 0%, a flexible loan period of 1-4 years, and ultra-low daily payment from 49 yuan. You only need to pay 50% of the car price to win the purchase, and the remaining 50% will be settled after 1 year. During the loan period, you can enjoy 0 interest rate and pay in 0 months.

Lexus launched a "zero interest rate, 1 take 3" financial car purchase scheme for IS300 and ES350 luxury versions: 50% down payment, interest-free monthly payment for 1 year, 50% balance payment after 1 year, or 30% or 50% down payment and interest-free loan for two years.

If you buy Audi A4L, 12- 18 will enjoy zero interest rate and zero monthly payment, and 24-36 will enjoy low interest rate and low monthly payment.

You can enjoy the preferential loan scheme of 18 months with zero interest rate or 36 months with 2.99% low interest rate when you buy the ESLKBGLK series imported from Mercedes-Benz.

Buy Buick Excelle for free1February, 24 interest-free installments.

Counting Six Crimes of "Zero Interest Rate"

In the context of bank loans raising interest rates all the way, car loans that used to be troublesome can still be interest-free. Is the "car loan zero interest rate" discount worth it? Professionals remind that you should pay attention to choosing an interest-free car loan when buying a car. ......

Question 8: What do you mean by the final payment of the car loan? The final payment of car loan refers to the one-time payment made by consumers according to the car loan contract. The final payment of the car loan is the part that the consumer has not paid except the down payment or advance payment.

There are several payment methods for the final payment of auto loans, depending on the loan term.

1, 50% down payment for car loan, and 50% off balance after one year;

2. The down payment of car loan is 30%, the loan period is one or two years, the final payment is 30%, and 40% is paid within the loan period, with regular monthly repayment.

Question 9: What does it mean to buy a car with a loan? What's the procedure? Loan to buy a car refers to the loan issued by the lender to the borrower who applies for buying a car.

Application materials generally required for applying for a loan:

1. Identification information

2. Marriage certification materials: marriage certificate, divorce certificate, unmarried statement, etc.

3. Proof of local residence: utility bills such as fixed telephone bills, water and electricity bills, or other materials that can prove the address.

4. Guarantee certification materials

5. Proof of use

6. Proof of repayment ability

If you need to provide other information about the loan, Rongbaotong will inform you in time, or you can confirm these information in detail through Rongbaotong when applying for the loan.

Question 10: What do the full car and mortgage car mean in car loan? Is your good friend here? The whole car means that you give all the money for buying a car to the dealer and have a car in your hand.

The installment car is a mortgage car, that is, a part of the money is paid in the early stage, and a certain amount of money is paid every month in the later stage until the Great Green Paper is finished.

Is it the same meaning to buy a car by loan and by installment?

Buying a car with a loan is not the same as buying a car in installments. The differences are as follows:

1, with different meanings:

Loan to buy a car: automobile consumption loan is a new loan method that banks provide RMB-guaranteed loans to car buyers who buy cars at their special dealers.

Buy a car by installment: installment payment is mostly used for some product transactions with long production cycle and high cost. Choosing credit card installment payment is more economical than bank car loans and auto financing companies.

2. Different application conditions

(1) Loan to buy a car: To apply for a car consumption loan, you must go to a special dealer recognized by the bank to buy a car within a limited range. Car buyers must have a relatively stable job, a relatively stable economic income or assets that are easy to realize, so as to repay the loan principal and interest on time.

(2) Installment payment: In terms of credit card installment payment, banks will have higher requirements for applicants, generally requiring local accounts, stable income, no bad credit history, real estate, and high-quality bank customers are preferred. It's easier to apply for installment payment. As long as the bank launches this service, car buyers can follow the rules of different banks.

3. Different interest rates

(1) Loan to buy a car: The interest rate of a car consumption loan refers to the ratio between the loan amount and the principal paid by the bank to the consumer, that is, the borrower, to buy his own car. The higher the interest rate, the greater the repayment amount of consumers. At present, the loan interest rate for automobile consumption is calculated according to the loan interest rate for the same period stipulated by the People's Bank of China.

(2) Installment payment: Although credit card installment payment is free of interest, the handling fee is inevitable. Because banks calculate fees in different ways, you should choose the most suitable card to trade after you know the fees of credit cards.

This is the end of the introduction about what it means to buy a car by loan and what it means to buy a car by loan. I wonder if you found the information you need from it?