Hangzhou has a superior geographical location, a small population and a long history and culture. As the most common means of transportation in Hangzhou, cars also play an important role in people's lives. Cars can be used not only for driving, but also for loans. Today, Bian Xiao takes you to know which is the best formal platform in automobile mortgage. How much is the interest?

Hangzhou automobile mortgage

1. Which formal platform is the best for car mortgage?

There are several formal platforms, bank channels, finance companies and private funds for car mortgage in Hangzhou. Today, let's learn about the amount, interest rate, cycle and repayment method. Which platform is the best?

Hangzhou automobile mortgage

From the table analysis, we can easily get the answer: the best platform in automobile mortgage is the banking channel. However, in real life, there may be many babies whose credit information is not very good, or whose debts are too high, which banks may not be able to do. You can also choose private equity funds or financial companies.

2. What is the interest rate in automobile mortgage?

The interest rate of car mortgage depends on the platform you borrow, and we have given you a conclusion above. The interest rate is: the monthly interest rate of bank channels is 5% 5, the monthly interest rate of financial companies is 7% 4 to 1% 28, and the monthly interest rate of private funds is 2%. But at the same time remind everyone that there will be other fees, such as GPS fees, parking fees, intermediary service fees and so on. These will be indicated in the contract.