Most young people don't choose to buy a car in full when they buy a car. For example, if you buy a car in full, most users will choose a loan to buy a car. On the one hand, you can enjoy the convenience of the car in advance, on the other hand, you can buy a more upscale car. What is the two-year interest-free routine for car loans? People who want to buy a car must see it!

What is the two-year interest-free routine for car loans?

The interest-free loans of most financial institutions are not really interest-free. Since the two-year interest is borne by the 4S shop and the manufacturer, in order to make profits, the 4S shop will naturally find profits from other places. Compared with the gold key, the fee charged is much. Even if the owner thinks that the loan still needs to pay so many handling fees, it will be repaid after two years of interest-free.

In addition to unwritten regulations in the industry, there are also requirements for car owners to buy insurance, and they must buy insurance in 4S stores. Besides the necessary insurance, there are other businesses.

In addition, when choosing an interest-free loan, for many models, a two-year interest-free loan may require a down payment of 40% or 50% instead of a simple down payment of 30%. The rest of the money needs to be paid off within two years. In fact, the rest of the loan does not mean that the bank does not charge the interest of the owner, but it has become borne by the manufacturer and 4S shop.

Generally speaking, a two-year interest-free loan is not really interest-free in nature. Moreover, interest-free loans need to pay fees and other fees, which may be more than the interest on car loans.