Today, in order to improve their quality of life, many people choose to borrow money to buy a car. So, what are the benefits of taking out a loan to buy a car? Today, the editor will introduce it to you.

According to the editor, there are five advantages to buying a car with a loan:

First, money can be cashed in to make money

I believe everyone knows that, unlike real estate, , cars are actually items that are constantly depreciating. Nowadays, prices are rising, so choosing a loan to buy a car can be regarded as a reasonable investment method, and you can even make money if you have money.

Second, let your spare money help you "make money"

People who borrow money to buy cars now are mainly working-class people and businessmen. On the one hand, the working class can use the money saved to do other financial management to earn "small profits", and on the other hand, it can also relieve the pressure of their own lives; businessmen are smarter and use the money saved to do business, with profits of 30% or even higher. More cost-effective than the repayment rate of a car loan.

Third, the expected rate of return is higher

The annual interest rate of car loans is between 6.5-7, and the business income is mostly 30-50 or even higher, but compared with the annual interest rate of car loans, Compared with the interest rate of 6.5-7.5, it is not the cost. If the car manufacturer subsidizes interest rates, the annual interest rate will be even lower!

Fourth, accumulate credit wealth

A good credit record is the basis for banks to provide you with loans. Most people think that no loans and no overdue loans are the best credit records. This is not right. To maintain a good credit history, banks can lend you money safely.

5. Car loans are the most convenient way to obtain funds at the lowest cost;

1. Private lending: convenient and high interest;

B. Find friends : hurt feelings, may not be able to borrow;

C. Mortgage loan: long time, high threshold;

D. Credit loan: high interest rate, credit record is the key.

E. Car loan: low cost and more convenient procedures.

One million car purchase subsidies