I believe everyone is familiar with zero down payment or low down payment. After all, the overwhelming advertising brainwashing in the past has made many friends think that this is really possible. Even many 4S stores have posted such signs to attract people. customer. So what is the reality? Is it really possible to do this? What issues should we pay attention to if we choose to buy a car with a loan?

Is the so-called 0 down payment true?

0 down payment is a financial plan offered by banks or some financial companies to promote consumption and earn fees. Generally, we do not need to pay a down payment, but the down payment fee is treated as a loan method and other companies will help you. out, and the interest is relatively high. Moreover, the handling fee is not low. Generally, the car owner is required to pay 3% to 9% of the loan amount. In addition, the repayment period of the car loan in this case is 12 to 24 months, and the overall discount is not as great as that of a normal loan. . Instead of saving, the province spent more money, and overall it suffered a lot of losses.

In addition to 0 down payment, there is also a method that allows micro-monthly payments. In fact, to put it bluntly, it is renting instead of selling. This method is relatively common abroad. In recent years, it has also been used by some domestic businesses as a promotional tool to attract customers in an eye-catching way. It is also a fund-raising behavior for many financial companies.

Leasing for sale means that we pay a small "down payment" and part of the monthly repayment. If we are still willing to drive it after a few years, we will pay the balance and the car will be our own. If we do not want to drive it, The car can also be returned, and the fee previously paid is equivalent to the rental fee. In fact, this method of leasing and selling is still a new thing in our country. Many of the details are not perfect, and most platforms are under huge financial pressure to do these businesses. It is difficult to guarantee safety. Once the capital chain is broken, If we lose it, our car may also be maliciously repossessed.

So under normal circumstances, at least for now, this kind of behavior is considered "illegal fund-raising" in the broadest sense, and it is difficult to guarantee it. Once problems occur, we will be cut off. If your car purchase budget is sufficient, a normal full payment or a normal loan will be enough. Don't choose this method based on hearsay. After all, the legal policies on this type of car still need to be improved, and the routines are too deep, so I suggest you stay away.

What should you pay attention to when buying a car with a loan?

Generally, there are three normal types of loans for car purchases: manufacturer finance, bank finance, and general finance. The order of priority is also: manufacturer finance > bank finance > general finance. Manufacturer finance is generally interest-free, but the loan amount is generally 50%-70% of the invoice price, which means we need to pay a larger down payment; the interest rate of bank finance is low, and we can pay 30% of the down payment. The loan amount is relatively high compared to manufacturers, but it requires very high personal credit qualifications. Some may require real estate or provident fund and social security certificates to apply for it; ordinary finance is not as strict as banks, and the interest rate is higher in comparison. Overall It might cost you more money.

The current loan handling fee generally does not exceed 3,000, and the interest rate does not exceed 6%, which is a reasonable range. Of course, you need to install a GPS when buying a car with a loan, so some GPS fees will also be charged. Generally, it does not exceed 1000. Basically refer to this price, it won’t be a big problem if it doesn’t rise much. If the gap is too large, there may be some ignored clauses, and it is recommended to choose carefully.

Written at the end:

It has become a very common situation to take out a loan to buy a car or a house. As long as we are not greedy for petty gains, there is no problem in following the normal procedures in regular 4S stores. . But when making a choice, don’t be fooled by some seemingly cost-effective ways. You must know that the wool comes from the sheep. In this economic state, pie-in-the-sky is often a trap.

This article comes from the author of Autohome Chejiahao and does not represent the views and positions of Autohome.