VIP customers who hold ICBC Peony Credit Card can purchase Highlander in installments, without submitting all kinds of proof materials of mortgage and guarantee. It depends on what bank credit card you have. Bank credit card loans, bank loans, auto financing companies and general loans, these more official and formal loan methods are relatively cost-effective loan methods, excluding private loan bank loans, but they are limited to vehicle types, that is, they depend on the type of vehicle you want to buy. If you are not within the scope of buying a car with this credit card loan, this loan method is often free of handling fees and interest. Bank credit is a common bank loan, which has the advantages of unlimited mode, relatively low interest and complicated procedures. Moreover, it needs a guarantor auto financing company, which is the auto manufacturer's own financial company, but the financial loan of this brand can only be purchased by the brand. At present, there are many joint-venture brand cars, which are for buying cars. Their advantages are low handling fees, simple procedures, no mortgagor, and procedures are also handled by franchise stores. The disadvantage is that the relative interest rate is higher.
Second, how to apply for a car loan is the most economical.
How to apply for a car loan is the most economical? You can choose to buy a car. It is more economical to apply for auto loan directly from customers. Choose a more favorable auto loan dealer, and you don't need to buy all insurance when applying for auto loan. Loan to buy a car refers to the loan issued by the lender to the borrower who applies for buying a car. 1. Buying a car with a customer's direct loan can save money. Buying auto loans directly from customers means that consumers apply for auto loans directly from banks or loan companies, and then go to dealers to buy cars. Choosing this method can save some handling fees, which is much more cost-effective than buying directly from dealers. In addition, if the bank introduces car buyers to dealers, consumers will also enjoy some preferential treatment. 2. Choose a more favorable auto loan dealer. Many dealers generally cooperate with banks. In order to increase car sales, they will launch various preferential activities, and even some 4S stores will launch a series of preferential policies for consumers who buy cars, which may save more money than buying cars in full. Don't buy all insurance when applying for a car loan. When many consumers borrow money to buy cars, dealers will ask consumers to buy some insurance, and even some insurance is compulsory. In fact, generally speaking, except for the four major insurances that need to be purchased, other insurances can be purchased by consumers at will. Therefore, when buying auto insurance, consumers must carefully distinguish and choose insurance types according to their own needs, which will also save a lot of money.
I am a migrant worker. Is it cost-effective to borrow money to buy a car?
Cars are a tool for people to travel, and buying cars is for better travel. If you have extra money to buy a car, buy it directly, not borrow money. The loan will be repaid sooner or later, and interest will be paid, which will increase the burden of life. You can't save any money by working, especially if you work outside. Apart from rent, utilities, meals and daily necessities, your monthly salary is not much, let alone paying the loan.
If you are a husband and wife working outside the home and your monthly salary is not low and stable, you can consider buying a car loan. After all, your high salary is enough for living expenses and repayment. But there is no need to buy an expensive car, just an ordinary car, mainly economical and practical. Because in addition to cars, buying a house is also the goal of many people. Unless you already have a house, it is a wise choice to save some money to buy a house.
Everyone wants to have a good car to drive. First, it is convenient to travel. Second, it is more dignified to drive. These are all true, and normal people will think so. However, it depends on your own situation. Not every migrant worker has to buy a car (cars here refer to cars and cars). Ordinary migrant workers may not have high wages and do not need loans to buy a car. If they really need tools to travel, buying a bicycle or an electric car is also a good choice. There is no need to grow tall. When you really make a lot of money in the future, you are considering buying a car that suits you. This is a pragmatic choice.
Fourth, how to get the cheapest loan to buy a car?
What is the most cost-effective way to buy a car with a loan? Here are three ways to buy a car by loan, and you can compare them one by one according to your own situation.
First, buy a car with a credit card loan
Single, low threshold. Credit card loan procedures are relatively simple, and audit card products have their interest-free period. If they are repaid in full on time, there is no need to pay interest. However, at this time, it should be reminded that the interest-free period and the handling fee are two different charges. No interest is charged, but a certain number of installments will be charged. Each bank is different, and the interest rate and charging method can also be selected.
In addition to the handling fee, the down payment of credit card loans to buy a car is generally higher than that of banks. Trust in banks is generally 30%, and 0% for high-quality banks with good reputation and stable income. Secondly, if you buy a car by credit card, you can't exceed the credit limit of the credit card. The credit limit is within 5W, with a maximum of 20W.
Second, the bank loans to buy a car.
The minimum down payment of bank loans can be reduced to 20%, so it is called the choice of prospective car owners who buy cars with loans. In addition, banks can apply for large loans, low interest rates and long repayment periods. The most important point is that banks can apply for car loans without restricting car models and car dealers, which greatly increases the benefits, but it is not so easy to approve them. Not to mention a lot of materials to prepare, the most terrible thing is that after you spent most of the time going through the process, the bank told you, "I'm sorry, you don't meet the requirements."
Third, the auto financing company loans to buy a car.
Not all auto brands have their own auto financing companies. There are no more than 100 auto financing companies in China. The biggest advantage of auto financing companies is that they don't need any guarantee from car buyers, as long as they have a fixed occupation and residence and a stable income. The loan amount is basically simple and the approval speed is fast. At the same time, individual auto financing companies have also introduced flexible repayment methods, and can choose the loan method that suits them according to their own financial situation.
Take Dongfeng Nissan's financial company as an example. Now there is a "one card loan" policy. For loans with a down payment of more than 60%, or loans with a loan amount of only 30,000 and a down payment of more than 40%, you only need one ID card to apply. There is also a 5050 loan, for example, the loan term is one year, the down payment is 50%, and the interest rate is 0. There is no need to repay the loan every month, and it can be paid off in one lump sum after maturity. More suitable for paying attention to cash flow or buying a car in full, you can choose this method.