1. How to get the most cost-effective loan for a second-hand car?

The main reason for buying a second-hand car is its high cost performance. If the cost of buying a car increases due to loans, coupled with the general depreciation of second-hand cars, the editor personally believes that the gain outweighs the loss and it is not cost-effective.

In fact, whether it is a new car or a second-hand car, the dual attributes of a car as a luxury product and a consumable product will lead to dual pressures of repayment and maintenance. Therefore, when buying a car in installments, you still have to follow the "instalment is stressful, Please follow the principle of "Be cautious when taking out loans" and plan your funds well. When applying for a second-hand car mortgage, the interest rates of financial companies are much higher than those of banks. Credit card installment payment for car purchase is a credit loan and does not require collateral. The handler can apply as long as he has enough information to prove his repayment ability.

The detailed process of applying for a personal loan to buy a second-hand car is similar to that of a new car loan. The difference is that according to the requirements, only those with a mileage of less than 120,000 kilometers and a vehicle age of no more than five years will be granted. Only second-hand cars can be loaned. The down payment ratio for a second-hand car loan is 50%, the longest loan period is 3 years, and the shortest loan period is no less than 13 months. In addition, the car’s useful life plus the loan term must not exceed 6 years.

If the vehicle purchased with the loan is a second-hand car, you need to provide proof of intention to purchase the car, a vehicle evaluation report issued by an evaluation agency recognized by the bank, the vehicle title certificate of the vehicle seller, and the "Motor Vehicle Registration Certificate" of the vehicle being traded. , vehicle annual inspection certificate, etc. After the pre-loan information is reviewed, the original copy of the transferred motor vehicle registration certificate will be sent to the financial company. The financial company can then grant the loan after confirming that it is correct.

2. How to get a more cost-effective loan to buy a second-hand car?

To buy a second-hand car, I think it is better to get a bank loan. The longer the term, the better. Although there is interest, it can be inflated, so it will be more cost-effective.

3. How to buy a second-hand car with a loan more cost-effectively

No matter what you do to buy a car with a loan, it is not as suitable as buying it with full payment. According to the unspoken rules of the industry, half payment and half loan are the most suitable, and the down payment is 50% and the other 50% can be paid off in one lump sum after one year. In the second year, the insurance does not need to be paid in the store, and the insurance deposit does not need to be paid. 4. How to obtain the most cost-effective loan for a second-hand car

In the second-hand car market, we constantly hear that it is difficult to make money selling second-hand cars, and we still need to think of some new "methods." A used car brokerage company has begun to regard used car loans as a new way of selling used cars. Among the car mortgage loan consulting service platforms, Yichedai is one of the few platforms that comprehensively provides second-hand car mortgage, second-hand car pawn, car, and financing loan consulting services. Customers can use the ownership of their own motor vehicles as collateral to choose from a variety of service models with flexible terms and reasonable rates.

In some second-hand car display stores, there is a second-hand car loan sign on the front windshield of a second-hand car, which clearly states the monthly replacement amount of the car. The business staff of the brokerage company said: "Many people were not used to it before, but after a period of time, many people are still calculating whether it is cost-effective to buy a second-hand car with a loan."

Industry insiders pointed out that for the relatively large comparison between the two , especially after 2007, showing a rapid growth trend. On the one hand, the total price of second-hand cars is low and the repayment pressure is small; on the other hand, the accelerated replacement of cars meets the needs of young consumer groups and business groups. The second long-term car rental business is expected to generate a greater boost from brokerage and sales.

●Second-hand car loans proceed cautiously

According to the information provided by the two loan companies, the current second-hand car loans are cautious about risk control and should be adapted to the current situation

First of all, the bundled cooperation with the second-hand car market greatly reduces the risk of non-performing loans. Both guarantee companies are stationed in the market. Due to the professional publicity and procedural issues in the vehicle appraisal and transaction review market, they designated Zhonggu Appraisal Company as the only partner, eliminating the increase in losses caused by "false appraisals" from the source. At the same time, it is very effective for bank risk control.

Secondly, loan profits are low but currently the scope is relatively narrow.

According to Sun Gang, manager of the Huaxiang second-hand car business department of Zhongshuo Company, current second-hand car loans are mainly for second-hand cars with a total value of 80,000 yuan to 800,000 yuan, and they must be domestically produced cars, which delimits the scope to a certain extent. , some models with potential loan needs are currently excluded. For certain reasons at the beginning of development, many used car companies expressed their understanding in market surveys and hoped that the scope could be expanded after the risks are well controlled as the business develops.

Finally, the maximum term of the loan is three years, which controls the occurrence of non-performing loans to a certain extent. Since the total price of the vehicle is relatively cheap compared to the house price, the user is not under great pressure to repay, and the interest rate on the loan is also relatively low. Low. In addition, both companies stated that they have an effective system for the control and management of non-performing loans, but the approval time takes 5-7 working days, which may affect the rapid development of the business.

For the current consumer demand, there is not much pressure on capital. It is expected that about 10 potential users of second-hand car purchases will tend to take loans to purchase second-hand cars. Loans are a favorable policy for the second-hand car business.