Can I borrow money to buy a car without social security?

Cars are now a common means of transportation in people's lives, but different regions have different requirements for loans to buy cars. So can I borrow money to buy a car without social security? Next, I'll tell you something about whether you can buy a car without social security, hoping to help you solve the corresponding problems. 1. Can I borrow money to buy a car without social security?

You don't need to buy social security for car loans. As long as you can provide proof of income, there is no problem with your credit history. But if it is a foreign hukou, you need to have a local temporary residence. If you don't apply for social security, you can apply for a loan to buy a car. Buying a car by mortgage means that the borrower who applies for buying a car pays part of the down payment first, and the lender pays the rest to the buyer in installments.

Second, the process of loan to buy a car

(1) book a car. Book the car first, then take the loan process, and negotiate with the 4S shop for specific preferential policies.

(2) Submit the loan procedures. Usually need: husband and wife identity certificate, driver's license, marriage certificate, real estate license, income certificate, bank running water and other information.

(3) Waiting for approval. After the loan procedures are submitted, the bank/vendor finance/third-party finance company will examine and approve the loan applicants' qualifications, which are usually divided into online examination and approval and offline examination and approval. Online approval generally calls the loan applicant; Offline approval is generally a home visit, and it will only be taken if the loan applicant's qualification is not very good.

(4) pay the down payment. After the loan is approved, it is necessary to pay the down payment to the 4S store first, and then the 4S store will issue a receipt for the down payment and give it to the bank/finance company for loan.

(5) loan to pick up the car. Banks/financial companies will lend money to 4S shops or loan applicants, so that they can issue insurance invoices to pick up their cars normally.

Third, can I buy insurance in the second year of buying a car with a loan?

You can buy your own insurance in the second year of buying a car with a loan. Now, unlike in the past, car owners with loans must buy auto insurance at the insurance company designated by the 4s shop for two consecutive years. Instead, they are free to choose insurance companies and the types of auto insurance they actually need (except compulsory insurance, compulsory auto insurance), and even enjoy the right to freely insure auto insurance in the first year. However, when buying auto insurance, car owners also need to carefully check the scope of auto insurance protection and exemption.

The above is the knowledge about whether you can borrow money to buy a car without social security. You can borrow money to buy a car without social security, but the details still need to be subject to the regulations of the local bank. Proof of income is generally required.