Used Car Loan

A specific variant can be called the issuance of the loan for used cars. The fact that these cars are sold at prices much lower cost, and paperwork may be some complexity. At the same time, it is better to entrust the conduct of such operations to a bank or credit institution, which has several explanations. First, credit is given to cars in most cases for 2-3 years, enough to pay principal and interest. It is worth noting that the interest rate on these loans is slightly higher standard measure, these banks insure themselves against potential risks.

Secondly, the bank before issuing the auto loans, conducts a thorough check of the financial institution and thus is able to protect the customer (buyer) of possible fraud on the part of sellers. For example, banks spend on their own expertise assessment of a car, checking the correctness of depreciation, the story of getting into an accident, etc. The process of granting to the b / a car is in the following order: customer selects a vehicle at a salon or at physical / legal persons, and after that he goes to the bank with a full package of documents, complete an application for a loan, the bank provides a "good" for the grant of the loan, and the client may enter into a contract with the seller buy / sell, loan funds received by the seller or the buyer shall be issued by hand after making a pledge agreement and signing auto package of documents in the bank previously issued insurance CTP. Thereafter used car loan transferred to the ownership of the new owner. It is worth noting that many car dealers used cars offer a simplified version of a loan for a car from the directory, while the buyer will not have to extra cost difference between assessed value and market cars. In the case of assessment of the bank, the latter amount is sometimes much higher than the first, and the buyer have to find money for the purchase. Sell a Car with a run in credit in Yekaterinburg and the Sverdlovsk region – an offer in our salon car.