20 15 automobile loan information

Measures for the Administration of Automobile Loans (revised on 20 15)

Chapter I General Provisions Article 1 These Measures are formulated in accordance with the Law of the People's Republic of China on the People's Bank of China, the Law of People's Republic of China (PRC) Commercial Bank and the Law of the People's Republic of China on Banking Supervision and Administration. In order to standardize the management of automobile loan business, prevent the risk of automobile loan and promote the healthy development of automobile loan business. Article 2 The term "automobile loan" as mentioned in these Measures refers to the loan granted by the lender to the borrower for purchasing automobiles (including used cars), including personal automobile loans, dealer automobile loans and institutional automobile loans. Article 3 The term "lender" as mentioned in these Measures refers to commercial banks, urban and rural credit cooperatives and non-bank financial institutions established in People's Republic of China (PRC) according to law and approved by the China Banking Regulatory Commission and its dispatched offices to engage in RMB loan business. Article 4 The term "self-use automobile" as mentioned in these Measures refers to the non-profit-making automobile purchased by the borrower through the automobile loan. Commercial vehicles refer to for-profit vehicles purchased by borrowers through car loans; Used car refers to a car that has gone through the formalities of ownership change and transfer according to law from the date of completion of motor vehicle registration to one year before the specified retirement period. Article 5 The interest rate of auto loans shall be implemented in accordance with the loan interest rate regulations published by the People's Bank of China, and the methods of interest calculation and settlement shall be determined by both borrowers and borrowers through consultation. Article 6 The loan term of auto loans (including extension) shall not exceed 5 years, among which the loan term of used car loans (including extension) shall not exceed 3 years, and the loan term of dealer auto loans shall not exceed 1 year. Article 7 Lenders and borrowers shall follow the principles of equality, voluntariness, honesty and credibility. Chapter II Personal Auto Loans Article 8 Personal auto loans mentioned in these Measures refer to loans granted by lenders to individual borrowers for the purchase of automobiles. Article 9 A borrower applying for an individual car loan shall meet the following conditions:

(1) People's Republic of China (PRC) citizens, or Hong Kong, Macao and Taiwan residents and foreigners who have lived in People's Republic of China (PRC) for more than one year (including one year);

(2) Having a valid identity document, a fixed detailed address and full capacity for civil conduct;

(3) Personal legal assets with stable legal income or sufficient to repay the loan principal and interest;

(4) Personal credit is good;

(5) Having the ability to pay the down payment stipulated in these Measures;

(6) Other conditions required by the lender. Article 10 When granting personal car loans, the lender shall comprehensively consider the following factors and determine the loan conditions such as loan amount, term, interest rate and repayment method:

(a) the lender's credit rating of the borrower;

(2) loan guarantee;

(three) the performance and use of the purchased car;

(four) the development of the automobile industry and the supply and demand of the automobile market. Article 11 A lender shall establish a borrower's credit file. The borrower's credit file shall include the following contents:

(1) The name, address, valid identification and contact information of the borrower;

(2) Proof of the borrower's income level and credit status;

(three) the purchase agreement, car model, engine number, frame number, price and purpose of the purchased car;

(4) The loan amount, term, interest rate, repayment method and guarantee;

(5) loan collection records;

(six) other information needed to prevent loan risks. Article 12 When granting personal commercial vehicle loans, the lender shall, in addition to the contents specified in Article 11 of these Measures, add the annual inspection of commercial vehicle operation qualification certificate, commercial vehicle depreciation and insurance information to the borrower's credit file. Chapter III Automobile Loans for Dealers Article 13 The term "automobile loans for dealers" as mentioned in these Measures refers to loans granted by lenders to automobile dealers for the purchase of vehicles and/or spare parts. Article 14 A borrower who applies for an auto loan from a dealer shall meet the following conditions:

(1) Having the Business License for Enterprise as a Legal Person issued by the administrative department for industry and commerce;

(2) Having a certificate issued by the automobile manufacturer to sell cars as an agent;

(3) The asset-liability ratio does not exceed 80%;

(4) Having a stable legal income or legal assets sufficient to repay the principal and interest of the loan;

(5) The dealers, senior managers of dealers and customers who accept loan applications as agents have no major breach of contract or bad credit records;

(6) Other conditions required by the lender. Article 15 The lender shall establish an independent credit file for each dealer borrower and update it in time. The dealer credit file shall include the following contents:

(1) The name, legal representative and business address of the distributor;

(2) Copies of various business licenses;

(3) the insurance, commercial credit and financial status of the distributor;

(4) Loan card issued by China People's Bank (No.);

(five) the model, price and use of the purchased cars and parts;

(6) The loan guarantee status;

(seven) other information needed to prevent loan risks. Article 16 The loan amount provided by the lender to the dealer for purchasing vehicles and/or spare parts shall be based on the dealer's average inventory over a period of time, and the specific period depends on the dealer's inventory turnover.

What are the ways to buy a car with 20 15 loan?

I. Bank auto loans

Features: it is difficult to approve, the interest rate is higher than that of credit card installment, and the term can be as long as 5 years.

Bank car loan, also known as direct loan for car consumption, refers to the car consumption loan mode in which customers who are interested in buying a car directly apply for a loan from the bank, negotiate a loan scheme suitable for their actual situation through face-to-face communication with the bank, and then complete the car purchase and implement mortgage guarantee.

According to insiders, from the perspective of credit development, automobile consumption loans first started from banks. However, under the pressure of tightening credit scale, consumer loans such as car loans have been greatly reduced, and the loan doors of some middle and low-end cars have been temporarily closed. Therefore, this is also a difficult way to operate in several major car loan channels.

After deciding to buy a car model, the car buyer can go directly to the bank to apply for a personal car loan. However, the procedure of lender qualification examination is very complicated. It is generally necessary to provide real estate (such as real estate) as collateral. Some banks will make an exception for high-end customers or high-end models, and they can use the car itself as collateral. However, compared with other car loan methods, the time period of approval will be longer, with the fastest ten working days to complete, and some will take 1-2 months to complete the whole process.

According to the Personal Finance Department of the Business Department of ICBC Provincial Branch, the longest loanable period of general automobile consumption loans is 5 years, and the down payment is more than 30%. The expected annualized interest rate of the loan will rise by more than 15% on the basis of the benchmark expected annualized interest rate, and may rise by up to 30%.

Second, manufacturers and banks cooperate in car loans.

Features: cooperative automobile manufacturers discount interest, often specifying the model and time limit.

According to jiang bo, cooperative car loans between manufacturers and banks are generally realized by credit card installment, and cooperative car manufacturers discount interest. Cardholders do not bear the handling fee or a small part of the handling fee, which is far lower than the expected annualized interest rate of car loans in the same period. However, there is little room for brand model selection, and only the specified model and time limit can enjoy the manufacturer's subsidy, so that customers can really enjoy 0 interest and 0 handling fee.

Jiang bo said that CCB will hold special group buying activities for different cooperative brands at least once a month, and customers can pay attention to bank SMS or WeChat.

Three. Auto finance company loan

Features: low threshold, flexible loan method, expected annualized interest rate higher than bank loans in the same period, and more other charging items.

The convenience of auto financing company loans is not only reflected in the direct application through 4S stores, but also in the fact that it does not need too many hard conditions such as hukou and real estate, which is one of the most obvious advantages of auto financing companies compared with bank car loans and other channels. This auto financing auto loan method is usually flexible and can be used in stages to meet the needs of customers. Generally, it is not easy to apply for a car loan with a three-year repayment by credit card, but it is relatively easy for an auto financing company to apply for a longer repayment period, usually around three years, which relieves the pressure on car owners to some extent. At the same time, some auto finance companies have also carried out vehicle replacement business, which can flexibly adopt the way of down payment to replace old cars. Second-hand car customers can offset the down payment of new cars by replacing them with new car dealers.

However, according to industry sources, the approval of auto financing loan application is relatively harsh. In addition to personal identity and income proof, you also need to provide marriage certificate (for couples to buy a car), real estate license, personal running account of the bank, and may even include utilities, property fees, and some current accounts opened by individuals. For stable high-income professional groups such as non-civil servants, lawyers, doctors and state-owned enterprises, auto financing companies also stipulate that they must be guaranteed by guarantee companies, which not only has complicated procedures, but also increases the lender's certain guarantee fees.

Fourth, credit card installment.

Features: simple application materials, zero interest, low handling fee, exclusive quota and flexible term.

According to jiang bo of Guizhou Branch of China Construction Bank, the most obvious advantage of credit card car loan lies in its quick approval and relatively simple procedures. 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 dealership.

I learned from many banks that credit card installment payment has become the most popular way for customers to borrow money to buy a car. Dai Jianghong, the bank card center of the business department of ICBC Provincial Branch, said that it is very convenient to buy a car by credit card. For example, ICBC's high-quality customers do not need to pledge vehicles, which are basically not limited by brands and models. Moreover, for the credit card installment fee, this year also implemented a preferential discount. Cars are purchased by stages through civil servants' cards, chimelong cards and transportation cards, and the 36-stage installment fees are converted into later fees, which are calculated by Jiang Hongwei. In other words, if you repay 6,543,800 yuan in one year, the cost will be about 365,438+090 yuan, and if you repay it in two years, it will be about 6,600 yuan. Since ICBC began to purchase cars by stages with credit cards on 20 10, the business volume has increased year by year, and the province has to handle hundreds of businesses every day.

20 15 loan to buy a car is nothing more than the above. It is necessary to carefully compare the advantages and disadvantages of various car loan methods, choose the appropriate car loan method according to your own situation, try to choose reliable car dealers and companies, and try to provide complete and detailed application materials after optimistic about the models, so as to quickly pass the examination and approval. If the credit card is paid in installments, please carefully confirm the amount, number of installments and handling fee of the purchase order before signing it.

What are the conditions for buying a car with a loan of 20 15?

If you have any questions about the procedures of buying a car with a loan, you can consult Bian Xiao, a loan search network!

First, the loan to buy a car must meet the following conditions before the loan can be successful:

Citizens with full capacity for civil conduct who have reached the age of 18; Having legal identity documents and valid local residence certificates; Have sufficient repayment ability and be able to provide relevant certificates.

Second, the materials needed for the loan to buy a car and the process of handling the loan.

Materials required for personal car loan:

1, personal loan application, which can be directly filled out on the loan platform;

2 valid personal identity documents, including resident identity cards, household registration books, military officers' cards, passports, and travel passes for compatriots from Hong Kong, Macao and Taiwan. If the loan

People are married and need the borrower to provide proof of spouse's identity.

3. The lender's household registration certificate or long-term residence certificate;

4, personal income certificate, provide proof of family income or property when necessary;

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

6. Loan to buy a car down payment certificate;

7. Mortgaging by means other than buying vehicles, such as houses and shops. ; Need to provide collateral related materials, including pledge certificate, mortgage real estate ownership certificate and evaluation certificate, third-party guarantee letter of intent, etc. ;

If the vehicle used for the loan to buy a car is an enterprise vehicle, it is also necessary to provide proof that the purchased vehicle is legally used for the business operation of the enterprise, such as the connection of the vehicle belonging to the transportation fleet.

Negotiation, lease agreement, etc. ;

8. If it is a second-hand car bought by loan, it is also necessary to provide proof of intention to buy a car and a vehicle evaluation report issued by an evaluation agency recognized by the bank; Certificate of vehicle property right for the sale of the vehicle, motor vehicle registration certificate of the purchased vehicle, annual inspection certificate of the vehicle, etc.

Procedures required to apply for a loan to buy a car:

first

First of all, the bank will conduct a preliminary examination of the application materials submitted by the lender; The bank conducts credit investigation and customer evaluation on the lender; The bank shall examine and approve the loan application that meets the loan conditions after preliminary investigation; After approval, it is passed.

Notify the Lender to go through relevant procedures such as signing, lending, mortgage or pledge;

After the loan contract comes into effect, the handling bank will issue loans. Special loan method is adopted, that is, according to the loan contract, the handling bank directly transfers the loan to the dealer account of the lender's car purchase. If not approved, the bank

Must explain to the lender.

20 15 Toyota financial mortgage loan requirements

Regarding the loan application, you can consult the loan finance specialist of the dealership.

Toyota Motor Finance has a minimum down payment of 20%, fast approval and transparent price. Apart from interest, Toyota Motor Finance has no other charges. The expected annualized interest rate of Toyota Motor Finance is based on the benchmark expected annualized interest rate of the central bank, and then rises by a certain percentage.

The floating ratio is limited, and the maximum floating ratio shall not exceed 4 times. After two interest rate cuts, the total interest rate cut reached 0.5%, so the expected annualized interest rate of the loan benchmark was low. Loans vary from bank to company. Although you can't see anything if the amount is small, you have to choose a lower interest rate when you encounter a larger loan, which will make many differences.

Extended data

Toyota Financial Mortgage Car Purchase Process

1. Lead customers to choose cars at the bank's special dealers and sign car purchase agreements or contracts;

2. The borrower applies to the loan bank for personal automobile mortgage;

3. Sign the contract with the consent of the investigation;

4. Go through the formalities of notarization and mortgage of automobiles;

5. Lenders (banks) handle loans;

6. After the loan is paid off, the lender (bank) cancels the pledge certificate and returns it to the customer.