However, buying a car at full price has become the norm. Salespeople often try their best to promote auto financial services, and some dealers even make wonderful provisions of "selling cars at full price and deducting wages from sales". However, the auto finance industry really needs to be improved in protecting consumers' right to know and information security, and chaos in various industries is actually quite common.
Mercedes-Benz responded: The rectification has been completed.
Therefore, the People's Bank of China, the General Administration of Market Supervision, the China Banking Regulatory Commission and the China Securities Regulatory Commission jointly issued the "14th Five-Year Plan" for the development of financial standardization, clearly putting the requirements of financial products on the agenda, covering financial institutions, non-bank payment institutions and internet financial platforms. Among them, it is clear that "promoting the annualized interest rate of express loans into financial standards and protecting financial consumers' right to know".
Last week, Mercedes-Benz Financial Company was named by China Banking Regulatory Commission. The reasons are that Mercedes-Benz Auto Finance did not specify the providers of financial products, the disclosure of service price information did not meet the requirements, and the format clauses on the authorized use of consumer information did not follow the principles of legality, justice and necessity, which violated consumers' right to know and their right to choose independently, and there were hidden dangers of consumer information security. Mercedes-Benz also responded quickly and rectified the problems raised by the CBRC.
What "routines" do you need to pay attention to when buying a car?
Originally, buying a car was a happy thing, but buying a car in full will be looked down upon, and buying a car with a loan faces various routines. If you don't pay attention to it, you must pay the hard-earned money "tuition" and suffer a loss. So you need to know what you need to pay attention to in advance to avoid being cheated.
Lending institutions are divided into bank loans, car companies' own financial companies and third-party financial institutions. The bank's loan approval is strict and the review time is long, but the advantage is that you don't have to worry about the risk of arbitrary charges. Auto financing companies usually cooperate with dealers for a long time, with many services and good services, but it is important to pay attention to whether the charging items meet the requirements. The audit of third-party financial institutions is more convenient and faster, but it is also more risky. Usually, the loan products of banks and car companies are more reliable.
It should be noted that some third-party financial institutions may have overlord clauses in their contracts. Therefore, when signing the contract, we must know whether there is a handling fee for early repayment and the standard of liquidated damages for delayed repayment.
At present, the mainstream loan methods are divided into ordinary consumer loans and financial leasing, in which ordinary consumer loans belong to credit loans and mortgage loans, and vehicles are owned by borrowers during the loan period. During the lease loan period, the vehicle belongs to the borrower, and the property right changes after the loan is paid off.
There are countless "routines" hidden in the dazzling financial service products. In the face of charging various service fees in disguise under the guise of "0 interest rate", the charging standards should be clear, and consumers should also confirm whether they have enjoyed relevant services. If there are bundled sales or compulsory sales services, consumers have the right to retain relevant evidence and report to the administrative department for industry and commerce. Secondly, many dealers will force consumers to buy auto insurance in designated institutions, which actually violates the principle of free trade.
In order to protect the legitimate rights and interests of consumers and create a good market environment, the People's Bank of China, the General Administration of Market Supervision, the China Banking Regulatory Commission and the China Securities Regulatory Commission jointly issued the document "Tenth Five-Year Development Plan for Financial Standardization", which clearly stated that "the express annualized interest rate of loans should be included in financial standards.
Related questions and answers: 202 1 interest rate of Mercedes-Benz financial loans There are many schemes for Mercedes-Benz financial loans, and the annualized interest rate will be different%. The following are four schemes and annual interest rates of Mercedes-Benz financial loans for your reference: Take a car as an example, Mercedes-Benz "GLB 180 power model". Price: RMB 292.800 (1), regular low interest →→→→→→→→→→ car price: RMB 292.800 →→→→→→→ down payment: 20 →→→→→→→→ term: 36 →→→→→→→→→→→→→ monthly payment: RMB 5790 →→→→→→→ annualized rate: 2.09. This is also the most conventional low interest and low down payment scheme and the most traditional way to buy a car. The minimum down payment we approved for this scheme is 20%, which means that the down payment needs 50,000 yuan, and the time is 36 periods, which is three years. The monthly payment is 5790 yuan, so the biggest feature of this scheme is that the annualized rate will be very low because of the preferential scheme. The annual interest rate is only 2.09%, which is a very low plan. Many basin friends don't want to spend a lot on mortgages. (II) Star Age Project →→→→→→→→→ Car Price RMB: 292.800 →→→→→→→→→→→→→ Down Payment 50 →→→→→→→→ Term 36 →→→→→→→→→→→ Monthly contribution RMB: 4182 →→→→→→→→→→→ Annualized rate: At the same fare, our down payment ratio has increased to. The term is still three years, that is, 36 issues. The monthly payment is a little less than the above scheme, and the monthly payment is reduced to RMB 4 182. However, this scheme does not reflect the advantages of special preferential treatment, so it is nearly 6.37% one year after annualization, so you can know about this scheme that I don't recommend very much. (3) Priority items →→→→→→→→ car price: RMB 292.800 →→→→→→→ down payment of 20 →→→→→→→→ term of 36 installments →→→→→→→ monthly payment of RMB 27 1 5 →→→→→→→→ Three options after maturity:1. Settlement, 2. Replace and 3. The car returns. That's why this plan is very good, but if you care about the interest on car purchase, you can consider something else. If you want to use your funds more flexibly and have more choices after maturity, I recommend you to use this scheme. (4) Star Time Enjoy Project →→→→→→→→ Car Price: RMB 292.800 →→→→→→→ Down Payment of 36.3% →→→→→→→→ Term 36 →→→→→→→→→→ Monthly Payment of RMB 686.45 →→→→→→→ Three options after expiration: 1. Settlement, 2. Replace and 3. The car returns. The problem solved by this scheme is that you can take the car away. The down payment amount is adjusted according to the system. There are three options after maturity, but there may be a higher down payment ratio. Choose which one is more suitable according to your own situation, and give you a reference. Every car model will have some special solutions for the brand every quarter. If you have to consider buying a car, you can go to the store to find a professional sales consultant and introduce more solutions to your needs!