At present, there are three main ways of auto loans: bank loans, auto finance company loans and other ways of loans. Well-known auto brands of auto financing companies basically have their own auto financing loans. For example, the general brand has general finance. Ford brand has its own Ford auto finance. Volkswagen has Volkswagen's auto finance. So which of these auto financing companies' loan schemes is more cost-effective?
Let's take Volkswagen as an example to introduce the detailed loan scheme of auto finance company in detail.
common people
Volkswagen Finance Company mainly provides six financial schemes, covering all models of FAW-Volkswagen, Shanghai Volkswagen and imported Volkswagen. The six schemes are standard credit, flexible credit, privileged balance loan, exquisite easy loan, super leap loan-standard credit and super leap loan-flexible credit. The following is a detailed introduction.
Standard credit: it belongs to the traditional loan scheme, that is, down payment plus monthly fixed repayment, which is simple and easy to operate. Consumers can install a loan contract to pay the down payment (starting from 20%), and the loan period is up to 5 years; Consumers should make equal monthly repayment within the loan term (12~60 months) according to the loan contract.
Flexible credit: It is an innovative credit product with flexible and controllable balance except down payment and monthly payment. In addition to the down payment (starting from 20% of the car price) and the equal monthly payment, it also has an elastic balance payment of 25% of the loan amount, and the loan period is 12 to 48 months. The payment method of flexible credit reduces the monthly payment of consumers, and also gives consumers more choices when the loan contract expires, such as: paying off the flexible balance at one time and obtaining complete car ownership; Extend the elastic balance and apply for a second loan; With the help of the car dealer, change the new car into a used car.
Enjoy balanced loan: it is also a brand-new loan method for Volkswagen, with a down payment of 50%, a loan term of 12 months, and a final payment of 50% of the car price in the last month. This product is suitable for consumers who are short of funds in the short term, during which customers only bear a low monthly payment. At the end of the repayment period, in addition to paying the final payment in one lump sum, consumers can also choose to replace the new car or postpone the final payment.
Linglong Easy Loan: It is a product with low down payment and low monthly payment. The down payment is 30%, the loan period is 36 months, and the elastic balance payment of 35% of the car price is paid in the last month. At the end of the repayment period, in addition to paying off the final payment, the customer can also choose to replace the new car or extend the final payment.
Super "leap" loan-standard credit: The advantage lies in simple procedures (one ID card, one loan application form). The down payment of this product is not less than 65% of the car price, and the loan period is 12~36 months, with equal monthly payment. Consumers can reply within 2 hours after applying for this product, and lend money within 24 hours. Suitable for people who just need and want to pick up the car quickly.
Super "leap" loan-flexible credit: the advantages are the same as those of the previous products, but the same is that the procedures are simple. Consumers only need an ID card and fill out a loan application form to apply. The down payment shall be no less than 65% of the car price, and the monthly payment shall be ultra-low. The final payment shall be paid in the12nd month.
Let's take the golf comfort model as an example. The official guide price of bare car of this model is 10000 yuan, so as to calculate and compare various schemes.
Be widely used
As one of the earliest companies involved in auto finance, Shanghai GM has formed a mature system in providing financial services to consumers. SAIC-GM not only covers Buick, Chevrolet and other brands, but also provides loan services for other brands, such as Wuling, Baojun, Chang 'an and Great Wall. SAIC General Finance mainly provides five loan schemes: equal repayment, equal principal repayment, worry-free smart loan, smart repayment and installment repayment. The following is a detailed introduction. Be widely used
Equal repayment: that is, within the loan period, the repayment amount of each installment is the same. The loan term is 12-60 months, and the down payment is as low as 20%. According to consumers' personal qualifications and purchase models, design exclusive solutions.
Average capital repayment method: that is, within the loan period, the repayment amount of each installment is gradually decreasing. The loan term is 12-60 months, and the down payment is as low as 20%. According to the applicant's qualification and the type of car purchased, design the exclusive scheme.
Worry-free smart loan: commonly known as "half loan and half payment", 50% repayment at the end of the loan period. At the same time, at the end of the loan period, you have three options, namely, paying off the balance in full, applying for extension 12 months, and replacing the used car.
Intelligent repayment: the loan is divided into two parts, the first part and the last part. At the end of the loan period, there are three options: paying off the wisdom balance in full; Apply for extension 12 months; Used car replacement. Suitable for groups whose income will have a lot of extra income in a certain period of time and whose consumption attitude is avant-garde.
Installment repayment: divide the loan into several stages, and each stage contains several repayment periods; In each single paragraph, the total repayment amount of each period is different; At the end of the loan period, there are two options: paying off the balance in full; Used car replacement. Suitable for groups whose cash flow fluctuates greatly and is relatively regular.
Let's take the manual classic of Buick New Excelle as an example. The official guide price of bare car of this model is 10000 yuan, so as to calculate and compare various schemes.
Where is a better place to borrow personal emergency loans? Look here!
Faced with the problem of funds, people will generally consider obtaining certain funds through personal loans. Then, when money is urgently needed, how to apply for personal loans with urgently needed money and where to borrow money is better? The following five loan products can be used for reference.
The first type: quick loan products of state-owned banks.
Although the bank's loan products have always been known for their complicated processes, complicated materials and slow approval, in recent years, many banks have made full use of Internet fast loan products. Take state-owned banks as an example. CCB-Express Loan, China Merchants Bank-Flash Loan, Guangfa Bank E-second Loan and Shanghai Pudong Development Bank-Puyin Integral Loan are all loan products that can be selected as emergency loans. Apply quickly and directly, and you can lend money on the same day.
The second type: loan products of foreign banks.
Compared with state-owned banks and commercial banks, many foreign banks have relatively low entry barriers to apply for loans. Generally, if you have a stable job, you can submit an application with a monthly income of 3000-4000. For example, Standard Chartered Bank-Cash Loan School, Citibank-Happiness Loan, etc. Their lending time is 1-2 days, and they can choose when they are in urgent need.
The third type: loan products of consumer finance companies.
Consumer finance companies are also a new force in the field of credit recently. In order to better meet the needs of users and develop their needs, some consumer finance companies try to make their loan products famous by other platforms. Such as Zhaolian-Good Loan and Guangfa Mi You Finance-Good Loan, their lending time is faster, and they can make the next payment on the same day.
The fourth type: online loan products.
With the rapid development of Internet finance and the rise of P2P companies, Internet companies have also set foot in the financial field. Several major online loan products that we are most familiar with are among the best. For example, Lending Bao, micro loans, JD.COM gold bars, Xiaomi loans, Netease small loans and so on. Their characteristics: fast arrival, the fastest arrival in 3 seconds and the slowest arrival in 24 hours.
Fifth: the third-party financial platform.
Third-party financial platform is usually a loan product that combines the above methods, such as Baidu Financial Mall, whose loan channel gathers all the mainstream loan products in the market, and borrowers can intelligently screen, compare and choose the most suitable loan scheme. And the maximum loan is 500,000 yuan, and the loan can be released on the same day as soon as possible.
What are the BMW car loan plans?
I. Standard flexible loans
The product covers the whole vehicle, the down payment ratio is 20%~50%, the loan period is 36 months, and 40% of the final payment is paid at the end of the loan period, thus reducing the pressure of monthly payment. At the end of the loan period, you can also choose the following schemes according to your own wishes:
1. Pay the balance in one lump sum.
2. Extend the flexible balance to the loan term and continue to enjoy the loan service.
Second, standard loans.
The product covers the whole vehicle, with the down payment ratio of 20% (from new energy vehicle 15%), the loan period of 12, 24, 36, 48 or 60 months, and equal monthly repayment, so as to enjoy driving pleasure in advance.
Third, the official certification of used car loans
BMW officially certifies the standard financial plan for used cars: the down payment starts from 30%, and the repayment period is 12, 24 and 36 months;
BMW officially certified flexible loan financing scheme for used cars: down payment of 30%-60%, optional repayment period of 24 or 36 months, and flexible final payment of 20%-33%;
BMW officially certified the second-hand car leisure loan financial scheme: 30%-50% down payment, 65,438+03%-20% of the loan amount, and the loan period is 24 or 36 months.
BMW officially certifies the second-hand car financial scheme: the down payment starts from 30%, the loan period is 24 or 36 months, and the monthly payment can be reduced year by year.
Fourth, the financial plan of Yuedai
The elastic balance of 0%~30% can reduce the pressure of monthly supply. The down payment ratio starts from 20% (new energy vehicle 15%), and the repayment period 12, 24 or 36 months is optional. The balance can be paid off at the end of the period, or it can be extended to optimize the use of funds and enjoy a new future. From now on, your trip to Yueyue will be easier and easier! (The specific down payment ratio, loan term, and flexible final payment ratio vary with the model. )
Verb (abbreviation of verb) Easy loan financial plan
Share the pressure of one-time repayment at the end of the period and enjoy a lower monthly payment. The annual repayment ratio is 13%~20% of the loan amount, and the down payment ratio starts from 20% (from new energy vehicle 15%), and the loan period is 36 or 48 months. Help you to operate funds flexibly and optimize the use of cash. (The specific down payment ratio, loan term and annual repayment ratio vary according to different models. )
Intransitive verb standard Zhixiang loan
The product covers the whole vehicle with a down payment of 20% and a loan period of 24 months. The monthly payment is decreasing year by year, so plan your possible expenses in advance to ease the pressure in the future.
What product schemes does BYD auto financing loan have?
1, discount loan
(1) discount loan for SUV (Song MAX, Song Yuan, S7 fuel truck)
Product features: 12 0 interest rate, down payment ≥ 30%; 24 ultra-low interest rate, down payment ≥ 20%; 36 ultra-low interest rate, down payment ≥30% (limited time).
(2) Three-series discount loan (all F3 models) is a inclusive finance scheme for F3 users, which is free of running water and real estate.
Product features: 12 zero interest rate, 24 ultra-low interest rates and 36 ultra-low interest rates (limited time); Down payment ≥20%, 1 ID card.
2. Power futures discount loan
(1) Features of future discount loan products: 18 enjoys 0 interest rate loan (loan amount ≤ 75,000), 24 enjoys 0 interest rate loan (loan amount ≤ 72,000) and 36 enjoys discount loan (limited time); Down payment ≥40%.
(2) Features of future VIP discount loan products: 18 zero-interest VIP loan, 24 zero-interest VIP loan (loan amount ≤ 72,000) and 36 discount VIP loan (limited time); Down payment ≥20%. Applicable cities: Beijing, Shanghai, Guangzhou, Shenzhen, Xi, Tianjin, Dalian, Xiamen, Changsha, Wuhan, Hangzhou and Qingdao.
3. Quick loans
(1) quick loan-quick loan: down payment ≥ 20%; Loan amount ≤ 29,999; 1 ID card;
(2) fast loan-lightning loan: down payment ≥ 20%; The loan amount is ≤ 60,000; 1 ID card
4. Standard loans
Product features: during the loan period, the monthly payment is equal; The down payment is as low as 20%; The loan term is 12-36 months.
This concludes the introduction of loan product scheme and the case of loan scheme design. I wonder if you found the information you need from it?