There are three ways of car loan: bank loan chooses to buy a car through bank loan, with moderate loan interest rate and many models to choose from. But in practice, it takes a lot of time and energy to get a loan. In order to control risks, banks usually need a long time to review, and applicants need to submit a lot of information. If you want to apply and are not afraid of trouble, bank loans are a good choice; As we all know, credit cards don't charge interest by installment, which is also the biggest advantage of buying a car by installment. At the same time, credit card installment is convenient and quick, and can be completed by one phone call. Sometimes you can enjoy certain discounts when you meet the cooperation between banks and car dealers. However, it should be noted that although credit card installment does not charge interest, there is a handling fee. The longer the staging time, the higher the handling fee rate. Usually, the handling fee rate for more than one year will be the same as or slightly higher than the bank's consumer loan interest rate for the same period. It is not only convenient and quick for an auto financing company to buy a car through an auto financing company loan, but also has a low application threshold. As long as consumers have a certain repayment ability and pay the down payment, they can apply for a loan. However, consumers should also pay attention to the fact that the loan cost for auto financing companies to buy cars is usually relatively high. Generally, in addition to the loan interest fee, you also have a series of fees such as handling fees.