How to buy a used car on credit

On credit today you can buy not only new cars, but also used. In the second case, the interest rate will be larger and the package of documents is solid. If you still decide to buy such a car, then for its design on credit, you will need: a copy of the workbook, a passport, formations on education and a certificate of form 2-NDFL. Now about the process itself.

Banks, issuing a car loan, used, prefer to work with car dealerships. The latter, being official dealers of a car brand, have relevant departments for the implementation of such equipment. Therefore, here you can choose a car for yourself and proceed to paperwork. The initial fee for a used car can be 40% of its total cost.

Purchase-bu-or-used-car-in-credit-Conduction-Documents-and-Requirements-K-borrowers1

The "age" of the car is also important. You will not make a loan if the car you chose is older than five years. The reason for this is simple: it is difficult to vouch for the technical condition of such a vehicle. So choose the car is a melt.

A private person can also purchase used transport on credit. Working with the Bank, you need to send an application to the loan there, issue the necessary paper and patiently wait for it. If after 2-3 days the bank will give "good", you can buy a car. The owner of the car should lead to a financial institution for signing a sales contract. There, he will receive the money they are treated.

Paying the initial contribution, you can go to the traffic police to make a car. After that, the PTS must be given to the bank, because From now on, your "Iron horse" will be pledged at the lender until the full payment of your loan.

You can buy a car without a system of automotive target loan. If you manage to accumulate 50% of the price of the selected car, the remaining amount can be taken as a consumer loan. And although the interest rate of such a loan is higher, the amenities are obvious here: you immediately pay with the seller, and the insurance insurance will not be obligatory.