When buying a car through financial leasing, it is a legal business to buy a car through "purchasing by rent and paying by installment". Buying a car by financing lease is a legal business in the form of "purchasing by rent and paying by installment". Car buyers rent cars with low down payment 1 year, during which the ownership of cars belongs to the car sales platform. After 1 year, users can choose to pay in one lump sum, or apply for up to 36 installments, or return the car, or continue to lease.
For the transferred fixed assets, the real estate management department shall handle the procedures for the allocation of fixed assets according to the regulations, and the new ones shall be allocated according to the original purchase price or the allocation price stipulated by the state, and the old ones shall be allocated according to the price determined by the asset appraisal department. The difference between the price and the net book value shall be included in the non-operating income or non-operating expenditure respectively by the transferor. Inventory gains and losses of fixed assets shall be investigated and verified by the property management department, and suggestions shall be made. Write off the book value of fixed assets with approved inventory loss, and the net loss is included in non-operating expenses; The book value of fixed assets with approved surplus increases, and its net income is included in non-operating income.
A regular 4s shop loan to buy a car should sign a car purchase contract in stages, not a financial lease contract. Buying a car through financial leasing is different from buying a car through a loan. The biggest advantage of financial leasing to buy a car is that the down payment is low, and its business itself is legal and compliant. However, in practice, it often happens that salespeople fail to explain the nature of business to consumers, and even call "financial leasing" "loan to buy a car", which is misleading to consumers.
Legal basis:
Interim Measures for the Administration of Fixed Assets of China Development Bank
Seventeenth fixed assets leased in:
(1) Fixed assets leased by way of operating lease are no longer depreciated, and the lease expenses are directly included in the cost. The expenses incurred in the improvement of fixed assets, that is, the renovation, renewal and reconstruction expenses that can increase the utility or prolong the service life of fixed assets leased by operating lease, are not included in the current expenses, but amortized into the cost as deferred assets during the lease period;
(2) Fixed assets leased through financial leasing are managed as fixed assets of the Bank, and depreciation is accrued according to state regulations. Among the financial leasing expenses paid by the bank, the leasing expenses and the interest expenses or exchange gains and losses of the equipment to be installed after delivery are included in the operating expenses. The price of the equipment that constitutes the value of the leased fixed assets, plus transportation fees, en route insurance fees, packaging fees, installation fees, interest fees or exchange gains and losses incurred before the equipment needs to be installed and delivered, shall be included in the value of the fixed assets without increasing operating expenses.