1. Buy a car with a credit card with zero down payment?

First of all, whether you can buy a car with zero down payment has nothing to do with your credit card. The state stipulates that the minimum down payment ratio for car purchase financial loans is 15%. Depending on personal qualifications, the general down payment ratio is between 15% and 30%.

But we often see advertisements saying "zero down payment", why is this? As mentioned above, due to the restriction of the minimum down payment of credit, in order to achieve "zero down payment", the form of financial leasing is generally adopted. Simply put, a company first buys the car selected by the customer, and then signs a financial lease contract with the customer. The right to use the car is given to the customer. Customers can achieve "zero down payment" because essentially it is no longer a customer loan to buy a car, but a customer leasing a car from a financial leasing company.

After understanding the essence of zero down payment, it is not difficult to understand that this has nothing to do with credit cards. However, sometimes the OEM or financial leasing company may cooperate with a bank and require credit card repayment, thereby making customers feel that "credit card Buy a car with zero down payment.”

2. What are the credit cards that support zero down payment for car purchases?

Expand all detailed consultations with relevant 4S store staff

Auto merchants launch zero down payment and zero interest rate car purchases , not a free lunch, but a way of promotion. Implementing price cuts doesn't make much of a difference. Car dealers offer zero down payment, but divide the down payment into several monthly installments. It may seem like you are not being asked to pay in one lump sum, but in fact you are not paying less. It's just that the bank, not the car dealer, collects the money, and some interest is added. This is especially true for zero interest rates. Buying a one-year or three-year monthly interest zero-down payment car loan at a car dealership requires the loan applicant to mortgage the property, which means the applicant must have a property ownership certificate in his or her own name. If you can't afford the down payment of 30, then pay it in installments over 3 years.

Zero down payment and zero interest car purchases are mainly aimed at slow-selling models or cars in stock. Hot-selling models cannot enjoy such a policy. The zero interest rate is actually an offset against the car price. With a zero-interest price discount, you can’t get premium products like steering wheel covers, seat cushions, parking sensors, and sunshades for free. In addition, when consumers purchase a car with a loan, they are not allowed to purchase car damage insurance, theft insurance, commercial third party insurance, compulsory traffic insurance, excluding deductibles and other insurances on their own, but need to purchase them through car dealers. In actual terms, other benefits make up for the merchant's interest losses.

Risks in buying a car with zero down payment

Raising interest rates

Many car dealers and lending institutions "cooperate" to offer zero down payment for car buying. In fact, when implementing the interest rate, there are Can. Although there is no down payment, the interest rate has increased. For car buyers, the pressure to repay after the loan is very high, and the monthly payment may be lower than ordinary.

Increase the car price

This also means that the price of the car is likely to be much higher than the price of the full purchase price, which is also quite uneconomical. Therefore, car buyers should go to several 4S stores before buying a car with a loan. They can not say that they are buying a car with a loan, so that the car price they get will be more realistic.

Increase

The risk of buying a loan with zero down payment. No one wants to do a high-risk thing. If you do it, you have to do it. Some car dealers will increase the handling fee to prevent it. To control risks, zero down payment loans often charge higher handling fees than ordinary car loans.

3. Is it true that CCB credit card allows zero down payment for car purchases?

Many people on the Internet are saying that you can buy a car with a CCB credit card with zero down payment. So is this statement true? Today, I specifically consulted CCB customer service to see if it is really possible to make zero down payment. Let me give you a detailed introduction.

Is it true that there is zero down payment for buying a car with a CCB credit card? First of all, I want to tell you that there is no down payment for buying a car with a CCB credit card, only zero interest and zero handling fees. When applying for the installment car purchase business with a CCB credit card, you can enjoy CCB's special offers, but you still have to pay a down payment. How much is the down payment for buying a car with a CCB credit card? You may be thinking too much about buying a car with a CCB credit card with zero down payment. How could such a good thing happen? , you can apply for various credit cards quickly and safely.