According to national regulations, housing provident fund can't buy a car at present. Because the establishment of provident fund in China is a welfare policy to solve the housing problem of residents, and car loans are generally aimed at commercial interests, if the housing provident fund can be used to buy a car, it will not meet the original intention of the state to set up housing provident fund.
It is understood that the main purposes of the provident fund now are: buying, building, rebuilding and overhauling self-occupied houses, repaying the principal and interest of home purchase loans, and subsidizing the rent that exceeds the family wage income. So remind everyone that if a company is using the guise of buying a car to withdraw funds, it must be vigilant.