Low interest rate is a discount for manufacturers. In order to promote the sales of vehicles in 4s stores, manufacturers cannot post the installment interest of some banks, so that customers can enjoy a lower installment car purchase policy; Generally speaking, there are three kinds of installment interest in 4s stores. One is that manufacturers are normally interest-free. This installment is provided by the manufacturer, and the installment loan has no interest, which is the first choice!

The second is factory discount, that is, low interest, make up part of the interest, and the customer bears a small part of the interest! Finally, it is normal interest, which is generally done by banks and financial leasing companies, and the interest is relatively high! According to your own needs and qualifications, choose the appropriate financial staging plan!

2. What does the discount of Buick Lang Wei manufacturers mean?

There is no interest on mortgage. I hope I can help you. Buick 4s maintenance technician will answer your questions and ask about the car. 4S shop professional technician, 10 minutes to solve.

3. What's the difference between discount loan and interest-free loan?

Interest-free means no interest, and discounts are factory subsidies. It makes no difference. They are all preferential policies and different schemes.

Fourth, the difference between loans and discount loans.

There are three differences between loans and discount loans.

First of all, they have different meanings:

1. The meaning of loan: loan is a form of credit activity in which banks or other financial institutions lend monetary funds according to certain income. Loans in a broad sense refer to loans, discounts, overdrafts and other loans.

2. The meaning of interest-subsidized loans: interest-subsidized loans refer to loans subsidized by the state or banks for specific purposes.

Second, their roles are different:

1, the role of loans: Banks put concentrated monetary and monetary funds out in the form of loans, which can meet the needs of social expansion and reproduction for supplementary funds exhibition, and banks can also accumulate themselves.

2. Discount loan A preferential loan granted to encourage the construction of a cause or project. The loan interest can be fully subsidized or partially subsidized. For the spread of loans, subsidized loans arranged by the government are generally subsidized by the central government; Low-interest loans approved by the People's Bank of China are subsidized by the People's Bank of China; Specialized banks are responsible for low-interest loans.

Third, the application process is different:

1, loan application process:

(1 Conduct preliminary examination on the application conditions, term, interest rate, guarantee, repayment method, handling procedures, default handling and required expenses of personal consumption line loan of China Construction Bank.

(2) investigation. According to relevant regulations, investigators take reasonable measures to check customers and evaluate the repayment ability and willingness of applicants.

(3) approval. Authorize the approver to finally approve and determine the comprehensive credit line and the validity period of the line according to the customer's credit rating, mortgage, pledge and guarantee.

(4) distribution. After the loan conditions are implemented. According to the demand for funds, customers can apply to the bank for withdrawal quota at any time.

(5) Post-loan management. The loan bank shall, in accordance with the relevant provisions of loan management, supervise and inspect the changes in the value and performance of the borrower and the mortgaged property, and file them. Supervise the guarantee or credit of the guarantor or borrower, and ask the borrower and guarantor to provide help.

(6) Loan recovery. According to the repayment plan and repayment date agreed by the borrower and the borrower in the contract, the loan bank deducts it from the agreed repayment account. The borrower can also repay the loan at the business outlets of the loan bank.

2. Discounted loans

(1) Voluntary application. Eligible applicants submit written applications (some can directly submit them to local human resources and social security departments or guarantee institutions) to the grassroots employment platform where their household registration is located or where they operate, and submit relevant materials.

(2) Review and recommend. Human resources and social security departments to carry out the qualification of loan guarantee institutions. A guarantee institution refers to a guarantee institution entrusted to operate a guarantee fund in accordance with relevant regulations.

(3) Commitment. The guarantee institution shall review the applicant's projects in accordance with the relevant provisions, and handle the guarantee procedures for those who meet the conditions.

(4) issuing loans. The loan applicant promised by the guarantee institution shall, after being examined and approved by the handling bank in accordance with relevant regulations, sign a contract and issue loans. The handling bank refers to all kinds of financial institutions at all levels that have signed cooperation agreements with guarantee institutions to carry out small-sum secured loan business.