Zero down payment loan, high repayment interest, long repayment time and high repayment. The only advantage is that you don't need to bring cash.

Second, what are the zero down payment interest-free car purchases?

There are four kinds of cars with zero down payment and zero interest, namely 20 14 BMW X5, 20 14 BMW X6, Shanghai Volkswagen-Tiguan and 20 14 Toyota Cruiser 4.0.

With the popularity of car loans, banks have set foot in the highly competitive car loan market. Some car manufacturers saw this business opportunity and joined hands with banks to launch a loan product-0 down payment and 0 interest car loan. However, in the face of zero down payment and zero interest, car owners should be more cautious. It seems that this way can save a lot of money, but there will be many other restrictions.

Third, zero down payment interest-free loans to buy a car, what is going on, who is suitable?

What is a zero down payment interest-free loan to buy a car? Is this really a good thing? In order to lower the consumption threshold and attract car buyers, many loan car purchase schemes appear in front of car buyers, among which "zero down payment interest-free loan" attracts many car buyers and excites some prospective car owners with phased plans. 1. Three ways to buy a car with zero down payment and interest-free loans. There are three ways to buy a car with social loans: credit card installment, auto enterprise finance company loan and bank loan. Among them, buying a car with zero down payment and interest-free loans has become a way for financial institutions to attract consumers. The following focuses on the zero down payment interest-free loan to buy a car under three kinds of loans: credit card installment, auto enterprise finance company loan and bank loan. 1, auto finance company loans auto finance is being regarded by auto companies as a magic weapon to save the depressed auto market. Some time ago, some auto finance companies even bought cars with zero down payment and interest-free loans, and some auto companies without finance companies also sought banks to cooperate in various preferential loan businesses. The trend of buying cars with zero down payment and interest-free loans continues to be hot. However, if you enjoy a zero down payment interest-free loan to buy a car, the car buyer usually does not enjoy the discount of the dealer's car price. 2. Credit card installment car purchase service is a kind of auto finance service jointly developed by issuing banks and auto companies in recent years. According to different products, the maximum loan amount can reach 200,000 yuan, which can be repaid in 12, 18 and 24 installments. Generally, no interest is charged, and only a handling fee of 3.50%- 10% of the installment amount is charged. The naked car price of credit card installment purchase is generally based on the actual market price, and it is not necessary to follow the enterprise guidance price. Some products with zero handling fee are actually equivalent to the handling fee borne by the car dealer, so there is basically no discount on the car purchase price, so it must be purchased according to the manufacturer's guide price, and the car buyer should carefully weigh it when purchasing. 3. Bank personal car loan This means that banks and car dealers provide secured loans for the funds needed for car buyers to pay the car payment in one lump sum, and jointly provide insurance and notarization for car buyers with insurance and notarization institutions. The car loans of major banks basically take two lines: one line is direct car loans, and customers who want to borrow money to buy a car can directly contact the bank outlets and go to the bank to handle related loan business. The other line is to cooperate with 4S stores, where customers buy cars. If the customer needs a loan, the 4S store will directly introduce it to the cooperative bank; Direct car loan, the procedure is more troublesome, but the cost is lower. Second, is it really that good to buy a car with zero down payment and interest-free loans? A car dealer told us: "The zero down payment interest-free loan will make the citizens who are originally short of money have the impulse to buy a car again, and for those who are interested in buying a car, this scheme will encourage them to further choose higher-grade vehicles. It is a win-win situation for car buyers and dealers. In addition, under normal circumstances, zero down payment interest-free loans will only be available in the off-season of the auto market. " For the car purchase method of "zero down payment interest-free loan to buy a car", a Mazda staff member said: "This is a disguised promotion. Compared with foreign countries, the domestic zero expected annualized interest rate is not equal to the real interest-free loan car purchase. If you want to get a real car purchase discount, you need consumers to measure it themselves. " A related staff member of Changan Ford Mazda believes: "Buying a car with zero down payment and interest-free loans is actually equivalent to disguised promotion. Unlike foreign countries, domestic zero-interest loans are not really interest-free loans. Whether you can get the actual price concessions depends on the users themselves. " Take the user's choice of zero down payment interest-free loan to buy a car as an example. The car loan should be based on the full price of the original factory guide price of the vehicle. For example, if you buy a car with an official guide price of about 6,543,800 yuan, the market quotation may be as low as 85,000 yuan, but the user must handle the car purchase business with zero down payment and interest-free loan at the price of 6,543,800 yuan. After the loan is finally paid off, the amount of interest-free part is regarded as the preferential price for purchasing this model. In fact, the cost of buying this car has exceeded the actual market value of this car. Third, who is suitable for buying a car with zero down payment and interest-free loans? The cost of buying a car with a zero down payment loan is often higher. Although the borrower does not have to pay the down payment at the beginning of the loan, the repayment pressure in the future is relatively high. At the same time, compared with the down payment car loan, car dealers will increase some loan fees in the future in order to reduce risks. Therefore, if the repayment pressure of the borrower is weak, it is not recommended that you choose a zero down payment loan to buy a car. But if the borrower really needs to buy a car, and the car down payment is not enough, zero down payment is still an option. After choosing a zero down payment loan to buy a car, the borrower should plan his own repayment plan to avoid leaving a bad record in the future because of the heavy repayment pressure.