Today, you can buy on credit not only a new car, but also a used one. It's just that in this case there will be a slightly different interest rate (usually upwards) and a slightly larger package of documents for registration of the car.
It is necessary
- -passport;
- -copy of the work book;
- - Help in the form 2-NDFL;
- - documents on education;
- - other documents at the request of the bank.
Instructions
Step 1
Many banks prefer to work with official dealers even in the case of selling used cars on credit. And in many salons of the official representatives of a particular brand, there are departments for the sale of used cars. Therefore, you just need to come to the salon, choose the car you like and start drawing up documents for it. But you should take into account this nuance: some banks may require you to pay an initial payment of 40% of the total cost of a car (for comparison: you can pay only 10% for a new one).
Step 2
Also remember that in some cases the car loan may be limited in age. It is not a fact that you will receive a loan for a car that is over 5 years old. Indeed, in this case, it becomes more and more difficult to vouch for its technical condition. Therefore, if you want to buy a supported car on credit, choose one that is not older than 4 years.
Step 3
If you want to buy a car from a private owner, but on credit, in this case there is also a way out. You must first apply to the bank with a loan application. Here you will be asked to fill out all the required paperwork and sent to await approval. As a rule, consideration of all documents takes about 3 business days. If your application is successful, then proceed directly to buying a car.
Step 4
Now head to the specialized market (if you haven't done so before) and choose the car you want to buy for yourself. In the case of a private trader, you need to bring him with you to the bank. There you will have to sign a car sale and purchase agreement. There, the seller will receive the money due to him.
Step 5
Make an initial payment, and you can go to register the car with the traffic police. After that, you will need to return the TCP to the bank. After all, now your car is pledged by a financial institution for a certain number of years.
Step 6
Alternatively, you can buy a car on credit without using the car loan system. To do this, you need to save 50% of the cost of the car that you would like to purchase. And take the remaining amount in the form of a consumer loan. From the point of view of convenience, there are much more advantages here than with a car loan. After all, you will immediately pay the seller, and you will not be obliged to pay CASCO insurance without fail, but the interest rate on a consumer loan may be higher.
