What are the advantages of buying a car with a loan? It doesn't need much money. 20%, 30% or zero down payment is ok, and there will be no cash flow problem. After paying a certain down payment, the remaining money can be used for investment, entrepreneurship, living expenses, etc. You can choose a higher level of car models to avoid currency depreciation.
What are the disadvantages of buying a car with a loan? The loan must be repaid every month, and there is a fixed capital expenditure every month. The cost of buying a car by loan is also higher than that of buying a car in full. The total amount of 200,000 vehicles needs about10.5 million, and the loan needs a personal credit information system. If there is something wrong with the personal credit information system, the loan will not be repaid, so the procedure is complicated. For those who lack this part, it is easy to step into the trap and pay back.
What are the advantages of buying a car in full: you need to pay the car price and all taxes in one lump sum, so you don't have to worry about it, and you don't have to calculate how much you have to pay back every month. Buying a car in full can also save money than buying a car with a loan. The whole purchase procedure is simple, the car can be picked up quickly, and there are still some loan miscellaneous fees!
Disadvantages of related news: buying a car in full requires a lot of capital turnover. If the money is badly needed, the turnover is ineffective, and the money directly becomes a car, which is equivalent to directly entering the depreciation cycle.