Can I buy a car in installments with a monthly salary of 5 thousand

First of all, if the monthly income is 5,000 yuan, you can directly borrow money from the bank to buy a car, and the borrower is required to have a stable and legal income and good credit. If the credit is not very good, it is easy to be rejected by the bank. Secondly, it is to pay by credit card installment. If your monthly income reaches 5000 yuan and you use a credit card, you can use it in installments. The advantage of buying a car by credit card installment is that there is no interest charge, but there is a certain handling fee for credit card installment.

You can also choose an auto financing company to borrow money to buy a car. If an auto financing company borrows money to buy a car, it is usually convenient and quick to apply for a loan, and there are various repayment methods. Auto financing companies can make different repayment methods according to your different needs.

You can apply for a loan directly from a small loan company. If you need to contact the relevant loan company to handle the loan business quickly, you can directly click on the homepage of Kameng. Com and consult relevant loan consultants to handle loan business quickly.

If consumers use a credit card loan to buy a car, they only need to use a credit card with a good credit record within the validity period, provide their ID card and apply to the card bank for car purchase by installments. Even if you don't have a credit card, you can go through the formalities of buying a car with a credit card at the car dealer, which usually takes 3-7 working days.

The convenience of auto financing company loans is not only reflected in the direct application through 4S stores, but also in the fact that there are not many requirements for hard conditions such as hukou and real estate. Although the process of applying for auto financing loan is not troublesome, strict examination and approval can be said to be "harsh" compared with bank credit card installment. In addition to personal identity and income proof, it is also necessary to provide such things as marriage certificate (for couples to buy a car) and real estate license. The personal running account of the bank may even include utilities, property fees, and some current accounts for individuals to open companies.

For stable high-income professional groups such as non-civil servants, lawyers, doctors and state-owned enterprises, auto financing companies also stipulate that there must be guarantee companies for guarantee, and even home visits are needed, which not only makes the procedures cumbersome, but also increases the lender's certain guarantee fees.

The loan scheme of auto financing companies often has an activity period, which is continuous, unlike credit card installment. Maybe the car financing product scheme you knew last quarter will be terminated next quarter. Of course, with the intensification of competition in the auto market, all kinds of auto finance companies are still developing towards a benign operating model. For example, banks do not provide vehicle replacement services, while auto financing companies can flexibly adopt the way of down payment to replace old cars, which is unmatched by general banking institutions.