The part of the money that needs to be settled in one lump sum after the loan period ends. The proportion of the final payment under the equal repayment method is 0, and only under the special repayment method will a certain proportion of the final payment be generated. Take Worry-Free Smart Repayment as an example, the car price is 654.38+ 10,000 yuan, the down payment (down payment loan) and the final payment ratio are both 50%, and the loan term is 654.38+0 years, which means that the down payment is 50,000 yuan, and the one-time payment is 50,000 yuan after 654.38+0 years.

The conventional repayment method is the monthly average principal/principal repayment, that is, the down payment is paid first, and the rest are repaid in equal amounts every month. However, some auto finance companies will introduce more diversified repayment schemes, such as smart repayment and installment repayment. You can repay a large proportion of money in a certain period of time according to your own situation.

Extended data:

Matters needing attention in loan car purchase:

1. Interest-free car loans ≠ Free of handling fees: Some dealers offer interest-free car loans to attract customers. The actual discount may not be as affordable as expected, because they will charge a certain handling fee while being interest-free. The cost of this procedure may be similar to the interest. When buying a car, you should carefully screen it according to the actual situation.

2. Need to buy auto insurance: Because the owner of the car is not entirely an individual consumer before the loan is settled, in order to reduce the risk, the dealer will generally put forward some auto insurance that must be purchased in the car loan contract as a loan condition.

3. Unable to enjoy other preferential policies: Many stores will not be able to enjoy other preferential policies in the store when they offer interest-free car loans. If you buy a car in a preferential market, the preferential strength of the loan car purchase will generally not be as obvious as when you buy it in full. In order to make up for the labor cost of the store when handling the loan car purchase process, you can't enjoy other preferential policies after choosing the loan car purchase.

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