Loans to buy second-hand car? Case reduction

The car is too expensive, let Sheng Ming had to buy the second-hand car thought, took a fancy to a section of his favorite models, Sheng Ming corkiness, but joy melancholy start floating on his face. The original, although ready to 120000 yuan purchase a car money, but the price is still 100000 gap distance, found that after Sheng Mingcai, running several banks, these banks or not to open up second-hand car loan business, or high threshold to build, to Shen, easier said than done.

Sheng Ming said, hope to be able to apply for a period of 3 years the bank used car loans, personal income to repay. According to Sheng Ming introduction, he is currently in Shanghai, a well-known foreign service company, nearly half of the card for a monthly income of 7500 yuan, the individual credit has remained relatively good, and there is a residence permit in Shanghai, has a set of real estate in Shanghai. In his view, they should have a more favorable conditions for car loans.

Now, Sheng Ming is worried that they can't get loans, miss the high price of purchase a car, he worked hard to meet the fate of the car quite, do not want to because the loan losses, let all this smoke cloud dissipation. Loans in the crossroads, Sheng Ming and when decide on what path to follow?

Loans to buy second-hand car? Qualification analysis

Professional online loan service platform easy credit China pointed out, at present the bank opened a second-hand car loan business, the borrower must have the proper occupation and stable income (ability to pay), with good credit. To prove that, own property in the local, the loan will be more secure.

We first have a look Sheng Ming borrower qualifications: because the Bank of second-hand car loan business rates above the benchmark interest rate broke surface 10%, high even to float 30%-40%, 100000 Yuan Sheng Ming for a period of 3 years the car loan, together with interest, the actual close to or even exceed 130000 yuan, monthly repayment of principal and interest 3500 yuan between, 1/2 did not exceed the monthly income; used car price Sheng Ming purchased for 220000 yuan, the loan amount within the price 50%, conventional quota conforms to the second-hand car loan limits, the borrower under financial pressure is relatively light.

In addition, the Sheng Ming to hold property, although in the application of small amount loans can not do real estate mortgages, but because the fixed property strength, can actually increase the score borrowers in repayment ability of borrowers of loans, so that the probability of. After all, a lot of second-hand car in the car as collateral, banks tend to hold more cautious mortgage risk, therefore to supplement the relevant property strength showed prominent role.

Loans to buy second-hand car financing suggestions?

For second-hand car loan is not difficult, easy credit China prompts the consumer, there are a few points to pay attention in the application:

First, not all the second-hand vehicle can apply for loans, only the assessment of price in the 80000 - 800000, vehicle age below 7 years of models will be considered, and the first payment shall not be less than the assessment price of 50%, but strictly speaking, the price is high, into a number of more new car loans more easily;

Second, must ensure that the intention to purchase a car show, the seller vehicle property permits, assessment, motor vehicle annual inspection certificate intact, application must show the certificate. Looks like trouble, actually otherwise, a formal registration of second-hand car, the preparation of these materials only capture an enemy easily;

Third, if the loan amount is larger, can choose the mortgage interest rates, on the one hand preference, a longer period of the loan and the amount of loans are ensured; if there is no real need to borrow the car, can also be through the third party guarantee or certificate, insurance, bonds in pledge.