1. If you choose a loan to buy a car, even if the interest rate is 0, the 4S store will charge a part of the "financial service fee", which is an unwritten rule in the industry and must be paid.
2.4S stores will charge a part of GPS installation fees and file management fees. When buying insurance, some types of insurance need to be purchased by force, and this part of the cost will also be passed on to consumers.
3. Cooperate with some banks or insurance companies. As long as the owner is recommended to buy a car, the 4s shop can get this part of the commission.
At present, the competition in the automobile consumption market is fierce, and almost every automobile company has launched its own financial preferential services to attract consumers to buy cars. If the 4S shop successfully persuades consumers to borrow money to buy a car, it can not only accomplish the goals and tasks assigned by the car company, but also get the rebate discount from the car company.
Because loans to buy cars can make more profits, 4S stores will attract consumers to buy cars by lowering prices. Generally speaking, although the price of buying a car with a loan is cheaper than the full amount, the extra expenses are not small. Maybe the car price plus these expenses is not necessarily lower than the full amount, so if the owner has enough budget, it will be more cost-effective to buy a car in full.
Is interest-free car loan cost-effective?
Interest-free car loan is not cost-effective: 1. The cost of buying a car by installment is definitely slightly higher than the full amount. At present, the practice of most 4S stores is to use the financial discount given by the main engine factory to put it in the car price to attract customers to buy cars by stages at a low price; 2. Under normal circumstances, the naked car with an overall accounting of about 6,543,800 yuan plus various taxes and fees will cost about 3,000 yuan more (provided that the OEM must have a three-year zero-interest policy and the interest-free amount can cover the loan amount). The rational suggestion is that it is not good to do some financial management with the money left over from buying a car in installments; 3. I have invested 22,000 yuan for more than two years, and the current income is more than 8,000 yuan (not a real advertisement screenshot). Of course, I am not interested in personal finance. That's another story.
Is it worth two years' interest-free car loan?
It is not cost-effective compared with buying a car in full, and it is cost-effective compared with ordinary interest-bearing loans. Two-year interest-free loan is actually a kind of automobile purchase and sale discount introduced by automobile manufacturers' finance or dealers, with the purpose of promoting automobile sales, which is the foundation for manufacturers to survive in fierce competition.
If the budget is sufficient, who will choose a loan to buy a car? This is also a helpless way. As long as you borrow money to buy a car, the handling fee and in-store insurance can't run away, but other expenses besides these two items can be basically ignored. Generally speaking, a two-year interest-free car loan is very cost-effective, which is good for car manufacturers, dealers and consumers. This is why the slogan "Buy a car with interest-free loan for two years" can be seen everywhere now.
Is 3% car loan cost-effective
High cost performance. 3% car loan is very cost-effective, which is already very low. Bank car loan: the interest rate of bank car loan is usually between 5% and 12%, and the interest rate of loan for one year is between 3% and 6%, which means that the loan is 50,000 yuan, and the interest rate for one year is about1500-3,000 yuan, and 3% is the lowest.