Second, the description:

1, credit card car loan installment of China Merchants Bank is the simplest car loan method at present. That is, China Merchants Bank will increase the installment quota of credit cards according to the credit status of credit card holders, so as to meet the demand of cardholders to buy designated brand cars during the disposal period of designated dealers. Car buyers go to the bank to apply for car loans, and the loan method is in the form of credit card installment, so car buyers can directly credit the monthly repayment into the bank credit card in accordance with the credit consumption installment.

2, fast and convenient credit card car staging process:

① Go to the car dealer and choose your favorite model.

(2) Provide certification materials to the dealer for on-site car purchase business, and the car purchase order will be provided by the dealer on site.

③ After the vehicle is registered, China Merchants Bank informs the cardholder to sign the following documents at the credit card department of the local China Merchants Bank:

I. Easy installment contract for car purchase

B, automobile installment mortgage contract

C power of attorney (allowed by the local vehicle management office, and the cardholder needs China Merchants Bank to handle the mortgage formalities)

(4) After the mortgage formalities are completed, the dealer will inform the cardholder to pick up the car, and the specific time for picking up the car can be consulted with the dealer.

Third, pay attention to:

1, the cardholder can't use China Merchants Bank credit card to pay the car down payment.

2. China Merchants Bank conducts real-time background audit of car purchase orders, and generally gives the audit results within 4 hours. In case of special circumstances, the audit time limit shall be extended accordingly.

3. the cost of buying a car by installment with a credit card is exactly the same as that of buying a car in cash except for a part of the handling fee. Cardholders can first negotiate the car price with the car 4S shop, and also participate in the dealer's market preferential activities.

4. There are some restrictions on the models of car purchase by credit card, but for some designated models that banks and businesses cooperate with, the choice is relatively narrow.

5. Generally speaking, the charge for car purchase by credit card is 3%~5% for 12 months, 4%~7% for 24 months, and generally more than 9% for 3 months. Of course, different models have different handling fees. Generally speaking, the handling fee of best-selling cars is much higher than that of slow-moving cars.