Buying a car with down payment is a brand-new way to buy a car, and it is also a new way for 4s shops to sell cars. It mainly relies on banks or auto financing companies to let car owners buy their favorite cars in this way.
This way of buying a car is similar to buying a car at zero interest rate. In fact, it is a means of promotion, but this way is not really free. Instead, the down payment is phased and paid in installments.
Generally, new cars will not be sold with zero down payment, and most of them are unsalable cars or stock cars. The interest generated by buying a car with zero down payment is much higher. In order to prevent risks, many dealers often raise the car purchase fee in this way, so the price of the car is relatively high.
Although buying a car with a down payment can alleviate the payment pressure when buying a car, the interest spent in the later period is also high, so it is recommended to buy it carefully.