Q: How to apply for a car mortgage loan? Can cars registered outside of the local area apply for a mortgage loan?
A: Car mortgage loan application conditions: Chinese citizens aged 18-65 with legal and valid civil capacity (excluding residents of Hong Kong, Macao, and Taiwan), able to ensure timely repayment of principal and interest, abide by laws and regulations, and have no bad credit record.
1. Loan Amount: Up to 80% of the car's value can be loaned.
2. Loan Term: Maximum of 6 months.
3. Loan Region: Beijing area.
4. Loan Interest Rate: 4% of the loan amount.
5. Required Documents: Vehicle registration certificate, vehicle purchase tax certificate, vehicle purchase invoice, financing documents, vehicle driving license, insurance, ID card, and non-locals must provide a temporary residence permit.
As long as the car is yours, providing the necessary vehicle documentation will suffice.
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