When manufacturers don't provide zero-interest financial policies, consumers need to bear two additional expenses: loan interest and handling fees (everywhere); In the process of buying a car, there is no charge for the full amount.

2. The car purchase time is different.

Buying a car with a loan will make many people who have confidence in future income spend money to buy a car in advance, which will significantly increase car sales; Many people can't spend a lot of money to buy a car at one time, and it takes some time to deposit.

Step 3 Pay different fees

You don't need a mortgage to buy a car in full, but you must pay: purchase tax, listing fee, compulsory insurance and travel tax. The insurance is purchased by the owner voluntarily.

Buying a car with a loan requires full insurance, which is required by banks all over the country. Because the property right of the car does not belong to the owner during the loan period, the owner uses the car as a mortgage. During the loan period, the property certificate, car purchase invoice and all-insurance policy must be placed in the bank, and the mortgage will be released after the loan is paid off.

4. Different interest rates

It takes 1-3 years to repay the loan, and interest is paid during the loan period; Buying a car in full is much less than buying a car by loan, saving a lot of time and energy, and there is no need to pay financial service fees and loan fees.

5. Different insurance costs

Many 4S stores will have insurance companies to cooperate with them for a long time. Usually, when buying a car with a loan, 4S stores will ask customers to buy all insurance in the store, but not all insurance is suitable for everyone, so it is not cost-effective.

When buying a car in full, customers can buy insurance by themselves without going through a 4S shop, which also reduces the chances of making money in a 4S shop.

6. Different maintenance costs

If you buy a car with a loan from a 4S shop, the subsequent maintenance costs are basically tied to the 4S shop, and the 4S shop can earn maintenance fees from it; Buying a car in full, the basic first insurance is in the 4S shop, and the owner of the follow-up maintenance can choose at will.

Take the car of 6,543,800 yuan as an example, and pay the full amount in one lump sum.

Simple and rude, drive home! Loans are generally purchased in installments, with a down payment of about 30%. But the extra part is the installment fee. The total car purchase is 6,543,800 yuan, and the installment fee is about 3,000 yuan. Buying a car with a loan must pay at least four major risks: compulsory insurance, car damage insurance, three liability insurance and theft insurance. The discount will be kept.

It is much higher than full self-insurance, about 2000 yuan. Some 4S stores need to pay a renewal deposit of 2000 yuan. If you don't renew your insurance in the store next year, this 2000 yuan won't be refunded. 4S shops that borrow money to buy a car will generally pledge the certificate of the car, and you can only return the certificate to the individual if you pay off the loan.

Therefore, for a car of about 654.38 million yuan, even if the investment interest rate is the same as the loan interest rate, the loan car purchase will be at least 7,000 yuan more than the full amount. In addition, the mortgage procedures are more troublesome, and there are still a series of procedures to handle the mortgage, which require the bank to review and sign the contract and wait for the loan to be issued. For those who are busy, these programs are very nerve-racking.

Phoenix. What's the difference between buying a car with a loan and buying a car in full? Which is cost-effective?