Conditions of a loan for the car. The main conditions of the car loan. Bank loan banks on favorable terms

Every year the number of cars on the roads are becoming more and more, and this is despite the fact that the price of them is steadily growing.

This trend is largely due to the possibility of purchasing a car on credit.

If you have a desire to get the car now, and you have not collected funds for the full cost, then you will be interested to know what car loan is and what conditions to receive it.

Credit for a car

Car loan is the target allocation of funds that the Bank carries out for the purchase of a car.. According to the rules, money cannot be spent on nothing, and they are listed by the bank to the car dealership, in which you decide to buy a car. This is the main difference of car loan.

The next difference between the car loan from the consumer loan is that you need to make a deposit. So the car itself becomes the pledge, and this means that it cannot be sold until the loan is fully repaid.

Another difference is the mandatory insurance of your car.. The machine should be insured in the policy of compulsory autocarted liability insurance (OSAGO) and CASCO (full car insurance from damage and hijacking). This makes the purchase of a car more expensive.

The conditions of the car loan in the car dealership are indicated in the loan agreement, which determines the rights and obligations of the one who takes a loan.

Like any other credit product, car loan has several defining characteristics.

Price

Price - amount to which the bank you have chosen is ready to finance you. Its size primarily depends on the income of the borrower, which must be officially confirmed.

The bigger amount of credit you want to get, the greater stable earnings you must have, as the bank needs guarantees. Of course, the janitor with a salary of several hundred conditional units will not give a loan to buy a luxury SUV.

The loan amount is calculated by the Bank under confirmed income on its methods, given the return period, residual income for all family members and other points.

What is the balance of auto loan? The residual payment is a fixed amount from the cost of the car (as a percentage), the value of which directly depends on the credit periods, which the client does not pay for the term of use of the loan, but refers its repayment only to the end of the lending time.

Interest per loan

Banks are financial, always commercial organizations, and therefore their goal is to receive profits. Car loans are one of the options for earning bankers.

The percentages are very different, which depend on a variety of circumstances. For example, from "cattle" and the magnitude of the bank, the term, loan amounts, insurance, whether you are constant client of this bank, positive or negative your credit history and other.

The term is individually determined, as a rule, considering the amount of the loan and your income.

In some cases, the financial institution may require repayment of the loan before achieving a certain certain age, for example, 65 years.

There are also quite a lot of other small, but significant moments of the loan agreement.

Such, for example, as: Commission for bank services for lending, specific pledge, fines for delay, various insurance (tortured buying and the borrower itself).

Video: Car loan. What are the rules? Conditions? Bets?

Of course, the main advantage of the car loan is the ability to purchase the car that I want, and not the one for which money is enough.

The next pleasant plus is that thanks to the car loan you have the opportunity to purchase an absolutely new car.

Therefore, additional costs (interest on the loan, payment of insurance) with interest can pay off as a result of the absence of those expenses that the owner of the used car usually carries:

1. First - In the case of force majeure, you have two or three years old is provided for insurance or guarantees.
2. Second - As a rule, new cars are not "scattered".

If you still decide to purchase a used car, the car loan will give you the opportunity to buy not "scrap metal" from the landfill, but a decent car that has passed pre-sale preparation, and therefore is not much different from new.

However, before accepting such a responsible decision, it would be wise well to familiarize themselves with the conditions of the car loan on the used cars.

Because it comes to very serious money, it is completely not surprising that all credit institutions impose their specific conditions for receiving the car loan by their clients.

What conditions give auto loan? From the requirements of 2019 are generally accepted by all banks, the following can be noted:

Getting a loan is a serious procedure that rightly requires a borrower to a borrower of documents establishing independently by each bank.

As a rule, they include:

• statement of the established form, which contains personal data and other points of interest to the Bank;
• passport or document that replaces it due to legislation;
• labor book (copies of certain pages);
• certificate of your income;
• driver license (if any).

The bank can also request other documents, for example, TIN

One of the most important components of receiving car loan is insurance. According to the law, you undertake to acquire the policy of OSAGO - compulsory insurance of autocarted responsibility.

This type of insurance provides that in the case of the participation of the insured car in a traffic accident, the insurer will cover losses.

Most banks that give out car loans require another type of insurance - CASCO (car insurance from damage and hijacking).

This type of insurance will cover all your losses only if the car is kidnapped, it will suffer from a fallen tree, houses, lightning, vandals, and so on.

It is worth recognizing that CASCO and CCAGO is expensive pleasure (depends on the brand of the machine and the conditions of the insurer). Sometimes the cost of the annual policy comes to 10% of the price of the car.

However, it is worth it, because you can repair the car without any additional spending, so the monthly loan payment will not suffer.

If the car hijacked or damaged, then the insurance amount is divided into two parts. The first (balance of debt on the loan) immediately enters the bank, and the other (remaining) - you.

As a result, having lost the car, you at least will not be debt to the bank, as a maximum - you will get a round sum.

Growing competition in the car loan market contributed to the fact that some banks issue loans with the presence of partial Casco Polis (for example, only from thefts). Some are at all credited without CASCO. How profitable it is to solve you.

Other banks, seeking to reduce the load on customers, are ready to bite money and the purchase of a car, and the amount that is necessary for the purchase of the Casco Polis.

The borrower acquires all rights to bought property. However, some of its ability to have their own property are limited, since this property (car) is pledged.

In practice, this means that without the permission of the bank you cannot give or sell your car, reissue it to another name, as well as make substantial changes in it, reflected at its cost.

For example, the borrower is allowed to attach an external trunk on the roof, make tuning or hang additional fog. However, cut the roof to turn the sedan into a convertible, or replace the forced engine is weaker and cheap - strictly prohibited.

After full repayment of the loan, the deposit will be removed, and then you will receive a document from the bank confirming this action. From this point on, you have the full right to dispose of the car as you please.

So, that your car loan does not become a source of additional problems and headaches, try to follow several rules:

After reviewing the terms of banks and a pretty much thought, you will undoubtedly benefit the best option where it is more profitable to take a car on credit. Thanks to this, you will not only succeed to save money, but in a short time to enjoy a comfortable ride by car.

Few people with joy with exams, but from time to time you have to deal with similar situations.

In particular, submitting an application for a loan to buy a car to buy a car, a person will have to take a certain exam for compliance with the requirements put forward by banks.

Whatever a person seemed to be prosperous and successful, there is always a risk to face the refusal.

To avoid this and getting a car loan. Requirements for the borrower must be learned and try to meet them.

One of the determining points in the process of consideration by the Bank's bank is the general financial situation of the potential borrower.

Most modern banks are ready to issue a car loan, a monthly payment in which there will be no more than half or a third of human income. For this reason, the borrower is important to demonstrate and confirm its solvency and financial consistency.

The official confirmation of the received earned fee is a certificate of 2-NDFL.

If a person works under the contract or receives a salary "in the envelope", the bank can accept a certificate of income received in free form, but must be certified by the seal, as well as an employer signature.

The desire to get a car loan is not the situation at which you need to hide your income. The more documents will be provided, the more the bank will be confident in human creditworthiness.

There are quite many options for references and documents that may be a confirmation of the income received:

• help 2-NDFL;
• extracts from the facial or salary account;
• copies of real estate contracts for rent.

To confirm a sustainable financial situation, it will be necessary to provide documents for ownership of the apartment, to the country, on the garages.

This is especially important in the case, if the borrower has previously spoiled a credit history. It is possible to increase the chances of receiving the car loan by making an initial contribution that should be the amount of at least 10%.

In the process of design, the car loan should be understood that the higher the bank's trust in the borrower, the greater the chances of getting a car loan with the most favorable conditions.

Video: What salary is needed to get a car loan?

In the process of obtaining such a loan as car loan, the requirements and conditions that need to be followed by 2019 relate to not only the material situation, but also certain social moments.

Among the basic requirements for borrowers, it is possible not only to the level of the material position of a person, but also its social, civil and professional status.

The requirements of this category include the following factors:

1. The term of work in the last place should be at least six months.
2. Total work experience from 1 to 3 years.
3. The presence of a passport and driver's license.
4. The age of the borrower is not younger than 21-22 years, the maximum age is 55-60 years.
5. Citizenship of the Russian Federation.
6. Permanent registration in the settlement of the appeal.

During all the above requirements, it is possible to count on the fact that the car loan will be issued with a greater probability, moreover, the conditions will be as comfortable as possible.

Modern legislation on the receipt of the car loan requires necessarily to insure the acquired car, which will be the subject of pledge.

Despite the fact that lending primarily protects the interests of the creditor, they will be beneficial and borrower, as they will provide a two-way comfortable and secure car loan deal.

Car insurance guarantees the financial protection of the bank in the event of a complete or partial resolution of cars as a result of an accident or emergency.

Reimbursement received by insurance will help close the balance of debt, respectively, the Bank will receive its funds, and the borrower will be delivered from credit obligations on the car loan.

A much sweeping modern financial institution will issue a loan for a new or used car subject to certain auto requirements.

They differ slightly depending on the type of cars, as well as from the bank itself, but here are the main, generally accepted factors that need to be observed:

1. The vehicle should not exceed 6-7 years.
2. For the period of lending, the car must be under the insurance of CASCO.
3. The vehicle must necessarily go through a technical inspection for a general condition. At this stage, an official document is issued, which is applied to the application for car loan.

Upon compliant with these requirements, the Bank's client can get a car loan for a period of 1 to 8 years.

At the same time, it is necessary to know that the smaller the loan period, the higher the percentage rate on the car loan. The sum of the initial contribution will also be important.

In different financial institutions, there are certain requirements for the package of documents provided. They should be familiar with them in advance so that it does not have to do before decisive and convey the documents.

Most modern banks to obtain a loan for a car are asked to prepare the following documents:

1. A copy of all pages of a person's passport, which makes out the loan. In some cases, a copy of the spouse document may be required.
2. Driver's license.
3. Certificate TIN.
4. Labor book or contract.
5. Help on received income.

Financial institution will offer the Bank to fill out a questionnaire with detailed writing answers to the questions you are interested in.

Each borrower should know that a loan for the purchase of a used or new car differs according to certain requirements.

A new car is a means of movement of the current or maximum of last year and absolutely without a run.

In this case, no problems arise with the design of the car loan. It is enough just to come to the salon, choose the desired model, collect documents and wait for a positive solution, after which you can get a car to the disposal.

The situation associated with the acquisition of a used car is slightly complicated, since not every vehicle can be approved by the Bank.

If you wish to purchase a used car, you can encounter such conditions as:

• mileage of the car at the time of registration of the loan should not exceed 100 thousand km;
• the age of the car at the time of the full repayment of the loan must be up to 8 years;
• if a foreign car is acquired, banks can make sure that the car is imported into the territory of Russia by the official dealer, so that competent customs clearance is carried out.

There are relatively loyal financial institutions that allow the direct purchase of a car from a private person, but there are few such banks, as a rule, they are relatively young. All other more or less serious banks prefer to issue transactions through legal entities.

Thus, if there is a desire to purchase a used car from a neighbor, you will have to get his consent to the delivery of the car into a special store.

The deal due to this can take a little longer than the acquisition of the car to the accredited dealer.

To significantly simplify the process of collecting documents, filling out the questionnaire and registration of the application, the borrower can use the services of the manager accompanying the transaction. The specialist will help the borrower until the automotive agent is purchased.

Another way to minimize risks is to appeal not to one specific bank, but immediately in several. From this point of view, much easier and more reliable to apply for the purchase of a car in the cabin.

An independent visit to banks may take a huge amount of time and strength.

If you make the purchase of a vehicle on credit through a car dealership, you can submit proposals to several banks using employees of the organization at the same time.

Being a place can be waiting for a positive solution from one of the banks.

The only thing for which you will have to spend time in the car dealership, to choose from the vehicle itself, everything else will take the minimum amount of time.

Such a temporary resource savings is based not only at the possibility of accompanying the transaction, but also on the fact that some banks provide express lending services.

In this case, the application for the purchase of a vehicle on credit takes literally a few minutes, but only subject to the full package of the collected documents.

Conclusion

In the process of choosing a bank and lending programs, it is necessary to take into account that not all financial institutions put forward the requirements of the borrowers listed above in full. Some banks exclude certain conditions, some on the contrary add.

In general, getting a car loan for the purchase of a car is now no more difficult than the acquisition of ordinary kitchen appliances.

If there is a permanent income, registration and collected all the necessary papers and references, it is guaranteed to get funds for such a desired and necessary acquisition.

When can banks give out car loans? This is usually not too complicated procedure, but, in order to avoid overpayments, it is worth familiar with all the nuances of car loans in advance. In each bank, there is its own terms of car loan, although in most cases a similar list of criteria is taken as the basis.

Cost of car loan

The interest rate is one of the main components of the car loan value. In turn, it directly depends on the type of lending. For example, the percentage rate on the car loan with the initial contribution will be lower than on the loan without such a fee. At the same time, the size of the initial contribution is and the size of it is higher, the lower interest rate can receive a borrower. While autocredit without the initial contribution is usually much more expensive.

Another important component of the cost of the car loan is mandatory car insurance, which in this case acts as a mortgage property. If you wish, you can find banks that agree to issue an auto loan without compulsory insurance. However, to save, therefore, it is unlikely to work out, since the Bank compensates for the lack of insurance with increased interest on the loan.

In addition, the interest rate on the car loan will also depend on the solvency of the borrower. Banks prefer customers with good stable income, and precisely such borrowers can count on more favorable lending conditions.

Avtail period

The term of the loan agreement on the purchase of a car depends on both the type and object of lending and on other conditions of the loan. Most banks offer credit programs designed for a period of 3 to 5 years. However, in different creditors this period can be reduced (for example, up to 1 year), or increased (up to 7 years). It is worth noting that in some cases lending time is also one of the factors determining the interest rate of the loan.

Monthly and other car loan payments

Car loan programs in different banks are distinguished not only by the conditions for granting, but also the amount of lending. Usually they start from 50,000 rubles, while the maximum amount is determined by the Bank, depending on the type of loan and the possibilities of the borrower.

In addition, banks are usually charged for additional services to which various types of commissions belong. For example, a bank may require a separate payment for the provision of credit or credit account service. The amount of such a commission is determined by either a percentage of total loan, or is a fixed amount.

Another source of additional spending for the borrower can be the acquisition of an insurance policy, which in some banks is a prerequisite.

To avoid accruals of fines and penalties, the borrower must comply with credit discipline, that is, to fulfill the obligations of a credit transaction - to make monthly payments in a timely manner and comply with other terms of the loan agreement.

If the borrower has a desire and the ability to repay the loan ahead of schedule, he must notify the creditor about this. The deadlines for the early payment of the car loan and the amount of early payments must be spelled out in the loan agreement.

The car has long ceased to be a luxury, affordable only elite. Nowadays, this car is, first of all, a convenient means of movement, without which the life of the average Russian family is practically no idea. To work, at the cottage, on holiday, to school and in kindergarten - to hate everywhere, if not a carpet-plane, then at least a faithful "horse".

Today, any employee citizen of the Russian Federation can gain mobility if desired. Just needed that choose a car and choose a suitable lending program. Fortunately, the first and second in our excess.

Conditions of car loans

What conditions give car loans modern commercial banks? Let's see together.

Credits for the purchase of a car for citizens differ in four criteria:

• the type of car (new or used, passenger or freight),
• country of its production (Russia or abroad),
• the number of documents required for consideration of the application (full or lightweight package of documents),
• the place of receipt of the loan (bank or car dealership).

Ottime, banks are credited to the purchase and sale of new foreign and domestic cars. Machines without a run (especially foreign cars) are more reliable, less often break and more liquid. That is, in the case of which the bank will be able to use the car without any problems as ensuring your obligations. However, if you do not have enough money to buy a car directly from the conveyor, many banks will easily go to meet you and give a loan to a used foreign car. After all, foreign cars are pretty in demand even in a very "mature age."

But find a bank who agrees to give money to the purchase of not a new vase, will be very problematic. The borrower will have to adapt to the very rigid conditions for obtaining car loans on used cars of domestic production, both in terms of age and the mileage of the car acquired and in terms of interest

Documentation

As for the documents, then here you are unlikely to see something new. The standard package of documents for consideration of an application for car loan implies availability:

• identity cards (passports)
• document confirming the availability of registration, certificates of income,
• workbook or document replacing it
• driver's license (her or close relative).

But other "pieces" in addition to the above, for example, marriage certificate may be required in different banks, etc.

However, in addition to classical car loans programs, there are other, varying degrees of facilitance: in two documents, without confirmation of employment, without confirmation of income, etc. With regard to these programs, this rule is valid: the easier and faster you made a loan, the more expensive it will be!

Of course, each borrower tries to take a car loan on the best conditions. Here are some practical advice that will help achieve the goal:

• Decide in advance with the brand and model of the car, select a few suitable suggestions, check the cost of the vehicle and its condition (new or used, and if used, then find out age in years and the rally).
• See what conditions of the car loan are offered in the showroom and compare them with the proposals of banks. Think more important to you: the cost of the loan or the speed of its design.
• Remember, the car dealership is not the place where you will be offered the most profitable interest. Therefore, if the price is important for you, select a suitable offer yourself.
• Focus not so much on the declared interest rate as the full cost of the loan (including the purchase of insurance policies of CASCO and DMS). Typically, interest below market hide a lot of additional commissions.

Where to arrange a car loan?

Which bank go for the car loan? The question that each borrower decides for himself.

The most attractive auto loan conditions can be called in Sberbank of Russia: a low interest rate (from 13.5% for salary clients) and large amounts (can be paid to 5 million rubles). But there are also their cons. The first is the opportunity to purchase only a new car on credit. The second is the number of restrictions: the size of the initial contribution, time, car brand, the category of the borrower - all this affects the final cost of the loan. Calculator "Car loan from Sberbank" will help in all lending conditions: you enter your parameters, the calculator calculates the payment schedule.

The conditions for obtaining car loans in Rosselkhozbank are almost identical to the fact that it provides his "senior" brother. Here on the car you will be given up to 3 million rubles. or an equivalent amount in currency, under 13% - 18% for ruble loans or 10% for currency loans. And let the maximum loan amount in the RSKB below, but it is possible to take a loan from 18 years, which is not available in the savage.

The most diversified credit conditions for the purchase of a car in Rosbank. There are already 10 car loan programs with a progressive interest rate (from 16.5% to 26.5%): to buy a new or used car, with a hull and without life insurance and not, with confirmation of income and without references.

With regard to the conditions for the provision of car loans in the Alpha Bank, the Bank of Moscow and VTB 24, then they differ not strongly. Although banks promote very small interest rates, they are compensated by significant insurance and commission payments.

Conduct the car loan agreement on favorable terms is completely under power. The main thing is attentiveness to detail and desire, and the rest will be applied.

To buy a new car, you have to save money for several years. Buying a car with mileage, too, can not be called a cheap transaction, and for some Russians, even this option is still in dreams. Due to the fact that car loans in Moscow allow you to purchase any car without exception, the ranks of the metropolitan motorists are replenished annually.

What car loans are offered in Moscow?

Let's start with the fact that you can buy a car on credit in Moscow right in the car dealership. As a rule, car dealerships cooperate with 2-4 banks, whose representatives accept and consider applications on their territory. The application filed in this way is considered under the general conditions.

• loan to a new car;
• funds for a used car;
• program to acquire a specific car brand;
• new car on credit in Moscow on preferential conditions with state subsidy;
• credits for the purchase of cars of the Russian assembly.

Car loan in Moscow - Terms and Basic Parameters

In Russia, there have been established well-established requirements for individuals who applied for a loan. They are slightly modified, they may differ in different organizations, but in general the banks of Russia adhere to this list:

• age: 18+;
• russian citizenship;
• registration: Permanent;
• experience: from 4 months;
• solvency;

Not all banks in 2019 establish a registration requirement in the area of \u200b\u200btheir location, registration in any region is allowed. The same applies to revenue confirmation. For consideration, certificates are taken in the form of a bank or employer, extracts for a retirement account.

Take a car on credit in Moscow under these conditions:

• the initial contribution of 10-50% of the cost of the car or without a first installment;
• interest rate from 14.00%;
• for 5 years;
• no income certificate;
• secured by the acquired vehicle and / or other property;
• with bad credit history, subject to ensuring.

How to find a loan on the site?

All you need to choose a loan here is to know the amount and lending period. In addition, the car loan calculator in Moscow makes it possible (at the request of the user) to look for a loan based on additional conditions.