The story of Mr. Ba, owner of a construction material store on Nguyen Trai Street, Thanh Xuan District, Hanoi, exemplifies the age-old saying, “Where there’s a will, there’s a way.” Due to increasing demand for transporting goods, Mr. Ba decided to invest in a used truck to save costs. However, lacking sufficient funds, he turned to VPBank’s used car loan solution. Was Mr. Ba’s journey to owning his dream truck a smooth one? Let’s delve into the details of VPBank’s financial solution.
VPBank’s used car loan is a type of bank loan where customers use the used car they intend to purchase as collateral for the loan. The advantages of this loan type include simple procedures, quick disbursement, and competitive interest rates.
Item | Description |
---|---|
Interest Rate | From 8%/year |
Loan Limit | Up to 70% of vehicle value |
Loan Term | Up to 60 months |
Early Repayment Penalty | As per VPBank’s regulations |
Question: How old can a used car be to qualify for a loan?
Answer: VPBank accepts used cars up to 7 years old as collateral.
Question: What documents are required for the loan application?
Answer: Required documents include: ID card/Citizen Identity Card, household registration book, proof of income, vehicle documents, etc.
Question: How long does it take to receive the loan disbursement?
Answer: Loan disbursement typically occurs within 24 hours of approval.
Xe Tai Ha Noi, located in Long Bien District, is a reputable provider of high-quality used trucks, offering a wide range of load capacities and models. We also assist customers with bank loan applications, providing preferential interest rates and streamlined procedures.
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Contact Xe Tai Ha Noi today for expert advice and assistance!
VPBank’s used car loan is an effective financial solution that enables customers to easily acquire their desired vehicle. Thoroughly research the information and choose a reputable service provider like Xe Tai Ha Noi to ensure your best interests are protected.
VPBank Used Car Loan
Xe Tai Ha Noi – Used Truck Dealership
We hope this article has provided valuable information. Please leave a comment or contact us if you have any questions!
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