Compared with the price of new cars, the price of used cars is really much lower. However, the standard system of the used car market is not perfect at present, and consumers may encounter many loan routines. Some car owners think that the installment payment of used cars is too dark, and there are too many mortgage loan routines for used cars. Consumers who intend to borrow used cars should be cautious.

Used car installment payment is too dark.

There are many people who choose loans to buy cars now. Even used cars can have loan business options. The domestic second-hand car market is developing rapidly, and the financial penetration rate of the second-hand car market is gradually increasing. However, the market system is not perfect. Many car owners expressed regret after taking out the used car loan and felt cheated by the used car platform.

Even well-known brands have been complained by many customers that they are suspected of routine loans. Some car owners reported that the content of communication with the platform salesman is to sign a car loan contract with the bank, which is actually a car financing lease contract signed with the used car platform, so that consumers can find themselves cheated.

Used car mortgage loan routine

In fact, the routine of used car mortgage loan is similar to that of new car loan. However, because the used car market is more immature and perfect than the new car loan process specification, the thorny problem will be more serious. The second-hand car loan reflected by consumers will be tampered with in the loan contract, allowing consumers to falsely report the high car price and increase interest, but concealing the owner.

That is, when car dealers help consumers with loans, they will also include some mortgage fees, service fees and other expenses in the total loan amount, so that the loan amount of the original owner will increase from 654.38 million yuan to 654.38 million yuan. After that, the loan interest will increase, and this kind of concealment and deception will also make consumers very angry.

Therefore, when consumers go to the second-hand car market to borrow money to buy a car, they must first choose a platform with better qualifications, but they should also be vigilant. When signing a contract, the platform must carefully check the contents of each clause and sign it after understanding it clearly.

Related Q&A: The interest rate of second-hand car loan is generally determined according to the car loan method selected by the user. The interest of second-hand car loans is affected by the bank interest rate, which is based on the standard interest rate, and the loan interest rates of major banks are floating according to the benchmark interest rate. The interest rate of new car bank loan rises on the basis of the basic interest rate 10%- 15%. The second-hand car loan interest rate is slightly higher than the new car interest rate, mainly depending on the different lending institutions you choose.