In the past two years, the second-hand car market has been booming. If there is not much budget to buy a car, the second-hand car cost performance is higher than that of a new car. If the economic conditions do not allow it, it can be purchased by stages. What are the precautions for buying a second-hand car by stages?
So what processes and procedures do you need to apply for buying second-hand cars in installments?
1. First of all, to buy a car by installments, you need to fill in the application form. The application form of automobile consumption loan is very important for consumers, banks and second-hand car dealers. Age and repayment ability are important factors that influence the success of loan.
2. Proof of repayment: installment purchase must have a stable source of income, and need to provide their own three to six months of running bills.
3. To apply for car purchase by installments, you must prepare all kinds of materials in advance, including the personal identity certificate (ID card, household register, personal income certificate) and the copy certificate of all materials.
4. Contract signing: notify the borrower to sign loan contract, guarantee contract and mortgage contract, and handle mortgage registration and insurance procedures. Sign a vehicle loan mortgage contract, one for the bank and one for the buyer; sign a vehicle sales contract, one for the automobile sales company, one for the buyer and one for the bank.
5. Loan granting: the bank issues the loan, which is transferred to the account of the auto dealer directly by the bank.
6. Car collection process: after the buyer delivers the down payment to the car service provider, he shall handle the car collection procedures and license plate with the deposit book and the car collection form issued by the bank. After that, the vehicle production certificate, invoice, insurance policy, driving license, ID card and account book shall be submitted to the bank. After being mortgaged, the bank will return the driving license and ID card account book.