Now it is also a wish for young people to buy a car they like, but because buying a car also requires a lot of money, many people will choose to buy a car by mortgage if they don't have so much money on time. Many people also have great doubts about the process of buying a car with a mortgage loan. Next, let's learn about the process of buying a car with a mortgage?
First, after we are optimistic about our favorite models, we should buy cars from dealers qualified to cooperate with the bank. At the same time, we should sign a car purchase contract. This contract should clearly write down the car price, taxes and insurance premium payment method, as well as the balance mortgage of a few percent. We should look at it one by one and write it clearly. We can't write a price in general.
Second, after we have finished the car purchase, we should fill in the loan application at the dealer or the relevant banking department. What we need to pay attention to is the loan amount and term. We must see clearly. In addition, we should prepare our ID card, engagement certificate, income certificate and driver's license.
Third, now we should sign the loan contract, chattel mortgage list and other relevant documents with the bank. This requires me to go to the bank for signature. Then we should check the loan amount with the bank staff and calculate each mortgage and performance guarantee insurance according to the specific amount. These are very important.
Fourth, after going through the bank procedures, we need to drive the car and the dealer to the vehicle management office to go through the automobile mortgage registration procedures. At the same time, we should take our own relevant information. Generally speaking, the bank will handle it for you, but we should be careful.
Fifth, after handling the affairs of the vehicle management office, the dealer will bring the original or copy of the vehicle registration certificate to the bank, so that the bank will issue the corresponding amount according to the contract. You basically don't have to worry about this step. The car dealer will handle it by himself.
Sixth, after we go through the formalities, you should deposit the full amount of mortgage money into the designated account when the monthly repayment date agreed in the contract arrives. This is a special account handled by the bank for you to facilitate your repayment. It is recommended to deposit the repayment money one or two days in advance.
Seventh, after we pay off all the funds slowly, you can ask the bank for your relevant certificates. At the same time, you can bring your vehicle registration certificate to the vehicle management office, and then go through the vehicle mortgage cancellation procedures. The steps are very simple. After completing the procedures, the car will belong to you.