Buying a car by mortgage is more than buying a car in full, and the car price is 654.38+ 10,000 yuan: 654.38+0. Buying a car by loan is more than buying a car in full. In addition to the corresponding four total expenses of vehicle purchase tax, vehicle and vessel tax, auto insurance and licensing of 654.38+04.870 yuan, it also needs to pay a loan handling fee of 3,000 yuan, plus a down payment of 30% of 30,000 yuan. The total cost of buying a car by loan is 3,000 yuan. 2. After the monthly payment is required to repay the rear car payment, according to the three-year repayment period, the principal and interest to be paid at the end of the period = 70,000 (principal) 7000 (interest) = 77,000 yuan; 3. Therefore, the price of choosing a loan to buy a naked car is 654.38+ 10,000 yuan, and the actual expenditure = 478.7077000 = 654.38+024.870 yuan, compared with the full purchase cost of 7000 yuan (interest) and 3000 yuan (handling fee) = 654.38+00000 yuan.
How much more does it cost to buy a car with a loan than to buy a car in full?
The pressure of buying a car with a loan will be much less, because the down payment is only 30%, and it can be paid in installments every month. However, the extra cost will be more. I took stock of the details of the expenses that need to be paid for the loan to buy a car, and provided it for the reference of friends who want to buy a car!
The urgently needed funds can be applied without guarantee, the application threshold is low, the expected annualized interest rate is low, the lending speed is fast, and the loan can be made on the same day at the earliest.
1. Interest: This is the bulk of loan expenditure. The car finance company expects the annualized interest rate to be as high as 13% or 14%, with a loan of 65,438+10,000 yuan and annual interest of 1 10,000 yuan. Pay attention to distinguish between the expected annualized interest rate (such as 9%/ year) and the total interest rate (such as the three-year total algorithm), and don't be fooled.
2. Handling fee: 2%~4% of the loan amount is the fee that the 4S shop must pay for the car loan, but this part can be bargained with 4 S.
3. Deposit: about 2000 yuan ~ 1 000 yuan (the deposit will be refunded, but it may not be paid, depending on the negotiation level with the 4S shop).
4. Insurance: All risks are generally required. Compulsory traffic insurance, three liability insurance, car damage insurance and vehicle personnel insurance must be bought, as well as insurance that will cause total loss or loss of vehicles, such as burglary and spontaneous combustion.
Tips: the expected annualized interest rate depends on which financial institution to choose, and the handling fee depends on personal eloquence!
What is the difference between buying a car in installments and buying a car in full?
654.38+ 10,000 yuan car, the difference between the full amount and the installment is about 8,000 yuan. The price of this car is 6,543,800 yuan, plus insurance, purchase tax and registration. A * * * cost 1 14300 yuan. The right three-year installment, the down payment ratio is 30%, that is, the down payment is 30,000 yuan, the loan is 70,000 yuan, plus the purchase tax, license plate and insurance, then the car price needs 77,640 yuan. If there is no interest-free policy for buying a car, then according to normal calculation, the interest will cost about 7700 yuan. Compared with buying a car with a loan, it not only increases the handling fee and interest, but also increases the insurance premium in 500 yuan. This 500 yuan is the guarantee of robbery insurance and self-ignition insurance that need to be purchased with loans to buy a car.
Secondly, we must understand that it is related to the down payment ratio, so we must first know what our down payment ratio is. Now you can make zero down payment or low down payment. When I used to work in a store in 4S, I was exposed to loans. A large part of customers who buy a car have a down payment of 30%, and then 70% is a loan, so we will also calculate it according to the down payment of 30%, which will be more meaningful for reference. If you want 10% down payment or 20% down payment, the algorithm is the same.
Moreover, whether buying a car in a 4S shop or buying a car in a local car shop is a charging item, which is basically the same. It is the bare car price of the car, plus the car insurance and car purchase tax that the car must pay. There is also a licensing fee, but if it is a loan to buy a car, almost every 4S shop has different charging items and charging standards. There is no standard for loan to buy a car, and the service fee, handling fee, delivery fee, GPS installation fee, insurance fee, PDI detection fee and interest generated by the loan are different. For example, the price of this car we are going to talk about today is 654.38+10,000 yuan. If the down payment ratio is 30%, then the landing price given by the car shop may be different from 4S 10000 yuan.
What you need to know is that when you buy a car with a loan, it will be a little more expensive than buying a car in full, because it is natural and necessary to buy two more insurances. In addition, when you borrow money to buy a car, there will be a lot of fees and charges. In addition to the loan fee, there are GPS installation fee, PDI inspection fee, renewal deposit, some insurance items that may be involved, and of course, vehicle delivery fee. When you buy a car in a 4S store, you can basically satisfy it.