As for the loan procedures, it should be handled in the way of "looking for a bank first, then looking for a car dealer". Now, many car dealers will urge banks to lend money to car buyers to promote their cars.

In this case, the buyer's information is different from that of the 4S store. It is not clear which fees are necessary and which are mandatory. The so-called "discount" you may enjoy is just a cover-up. Therefore, car buyers can see cars from dealers, go to banks to ask for loans, and then go to 4S stores to buy cars. The information imbalance has been broken, you can understand it well, and you can negotiate with the dealers or enjoy more specific discounts.

2. Ask about all the expenses of buying a car.

People who borrow money to buy a car generally charge a handling fee, which is generally not given to consumers. In the industry, this is a hidden charge. How to collect and how much to collect has not been clearly defined by the state. So when buying a car, you must ask if there is any cost, and if so, what is the cost. If the cost is clear, you can continue to bargain and even choose to buy from other car dealers.

Credit card loans are the cheapest.

Under normal circumstances, car loans can be paid by credit card installment, bank car loans and auto financing company loans. Among them, the most economical is the free guarantee form of credit card installment payment. Generally speaking, only the handling fee is charged, and no interest is charged.

According to the calculation of the longest loan period of 36 months, the general maximum handling fee is 12% of the loan amount (different banks), that is, the loan12,000 yuan needs handling fee, and the handling fee charged by some credit cards does not need to be paid in one lump sum, but is apportioned to your loan period. For example, a loan of 654.38 million yuan will be paid off within three years, and the monthly repayment amount is: 2778+333 = 311.

You don't need to buy all insurance for car loans.

Most banks or financial companies only require to buy four kinds of insurance, that is, compulsory insurance, third-party liability insurance, vehicle robbery insurance and vehicle loss insurance, all of which are free of compensation. Before we pay off the loan, the first beneficiary of insurance is the bank that provides the loan.