1. Introduction of CCB's car purchase by installment

In order to meet the demand of cardholders for cars, CCB launched the "Long Card Car Purchase by Installment Service". Under the condition that customers holding CCB credit cards agree to pay the down payment (the down payment is the net car price minus the approved amount), they apply to CCB to use their Long Card (excluding business cards, student cards, supplementary cards and guarantee cards) to purchase family cars at the dealers designated by CCB for the first time. After the approval of the Construction Bank, the actual installment amount will be divided into several installments on average, and the cardholder will repay the loan on a monthly basis within the agreed time limit and pay a certain handling fee.

it has many advantages, such as no guarantee and no mortgage, many cooperative brands, wide network coverage and many preferential activities.

1. No guarantee and no mortgage. China Construction Bank issues loans by credit for car purchase by stages, and generally does not require vehicle mortgage, additional guarantee company and natural person guarantee, so the procedures are simple and the overall loan burden of customers is light.

2. There are many cooperative brands. At present, the cooperative dealers of CCB's car purchase by stages have covered the vast majority of brands on sale, and the brands and models selected by consumers can basically be staged at CCB.

3. The institutional network covers a wide area. With the advantage of the bank's business outlets, consumers from all over the province can handle the installment business of car purchase in the region. At the same time, CCB also supports customers to purchase cars in different places in the province.

4. There are many preferential activities. At present, brands enjoying preferential policies by stages include high-end models such as Audi, BMW, Mercedes-Benz, Chrysler and imported Volkswagen, and low-end models such as Beijing Hyundai, Dongfeng yueda Kia, Dongfeng Peugeot, FAW-Volkswagen, Skoda and Geely, which can basically cover the loan needs of consumers at all levels. Branches of China Construction Bank will also cooperate with local auto dealers to organize group buying activities according to customers' needs.

In addition, the installment purchase of a car by China Construction Bank has the following characteristics:

1. China Construction Bank provides installment payment services for 12 (one year) and 24 (two years) car purchases;

2. The installment amount of car purchase ranges from 2, to 2, (the installment amount ranges are different according to different models, please call the customer service hotline of CCB at 4-82-8 for details). The Construction Bank will decide whether the approval is passed and the amount of approval according to the cardholder's credit record and consumption behavior;

3. The down payment shall be at least 3% of the net car price (please call the customer service hotline of CCB at 4-82-8 for details), and the down payment shall be paid in cash or by debit card;

4. Cardholder's handling fee = installment amount × cardholder's handling fee rate (the handling fee is included in the first month's bill after the installment purchase);

5. The cardholder needs to insure the whole vehicle theft insurance and vehicle loss insurance for the installment payment of Longka car purchase. The insurance period is consistent with the installment period, and the first beneficiary of the insurance is the owner himself;

6. If the installment amount cannot be divisible by the number of repayment periods, the system will automatically round off the repayment amount of each period;

7. CCB reserves the right of final interpretation within the scope permitted by law;

II. Conditions for CCB to buy a car by installment

Consumers can apply for it if they have a good credit record and stable income.

III. Information to be provided by CCB to buy a car by installment

1. Application for Personal Loan;

2. Personal valid ID. Including identity cards, household registration books, military officers' cards, passports, and travel passes for compatriots from Hong Kong, Macao and Taiwan Province. If the borrower is married, the identity certificate of the spouse shall be provided;

3. Household registration certificate or long-term residence certificate;

4. Personal income certificate, and family income or property certificate when necessary;

5. Certificate of intention to buy a car issued by the car dealer;

6. proof of down payment for car purchase;

7. If the purchased vehicle is secured by other means than mortgage, relevant materials for the guarantee shall be provided;

8. if the vehicle purchased by the loan is a commercial vehicle, it is also necessary to provide proof that the purchased vehicle can be legally used for operation, such as the affiliation agreement and lease agreement for the vehicle to be attached to the transportation fleet.

iv. the process of buying a car by installment by China construction bank

1. the cardholder chooses the car model at the dealer;

2. The cardholder shows his/her ID card, Longka credit card, work certificate (or real estate certificate), and fills in the application form to apply for car purchase by stages;

3. The distributor submits the cardholder application materials to CCB;

after 4 or 3 working days, the cardholder receives the phone call that the application is approved, and goes to the dealer to pay the down payment, and handles the follow-up of insurance and other related documents;

5. The dealer submits the down payment, insurance and other related materials handled by the cardholder to CCB;

after 6 or 2 working days, the cardholder is notified to pay the installment payment and pick up the car at the dealer;

7. the cardholder shall repay the loan according to the amount listed in the monthly bill.

Although there are many advantages in buying a car by installment with CCB credit card, there are two sides to everything, and there are also some shortcomings in buying a car by installment with CCB credit card. For example, CCB can't pay the down payment by credit card installment, but other banks can. Therefore, car buyers should make a detailed understanding to avoid unpleasant things.