First come, first served, then selected low prepaid time-limited scheme
The scheme can choose to pay in installments of 24 months or 36 months, with a down payment of 20%-60%, and finally, you need to pay auto insurance premium.
If the current car is easily replaced with a new car, the part of the car price that exceeds the final car price can also be used to repay the new car;
If you choose to buy, you only need to settle the car price at the end of the period or carry out the merger and reorganization of the loan extension;
If you choose to return the car, you can return the car under the promised mileage and damage standard, and you don't need to pay the car price at the end of the period.
Low down payment time-limited loan plan
The scheme can be 12, 24, 36 and 48 months, and the down payment range is 20%-90%.
Choose installment payment 12 months or 24 months, with an annual interest rate of 6.99%; Choose installment payment for 36 months, with annual interest rate of 7.49%; Choose installment payment, 48 months, with an annual interest rate of 7.99%.
New Mercedes-Benz 0 down payment 48 standard
Auto finance means that when consumers need a loan to buy a car, they can directly apply for preferential payment from auto finance companies, and they can choose different models and different payment methods according to their personal needs.
Compared with banks, auto finance is a new choice for car purchase.
At present, there are five ways of personal automobile consumption loan: bank, auto financing company, auto factory finance company, credit card installment car purchase, and auto financing lease.
1, bank car loan
Procedures: you need to provide household registration book, real estate license and other information, and usually you need to use the house as collateral, find a guarantee company to guarantee, and pay the deposit and handling fee.
Down payment: Generally, the down payment is 30% of the car price, and the loan period is generally 3 years. Need to pay a deposit of about 65,438+00% of the car price and related handling fees.
Interest rate: the bank's car loan interest rate is determined according to the bank's interest rate.
2. Auto financing company
Procedures: car buyers do not need to provide any guarantee, as long as they have a fixed occupation and residence, a stable income and repayment ability, and good personal credit.
Down payment: the down payment ratio is low and the loan time is long. The minimum down payment is 20% of the car price, and the longest life is 5 years, without paying the mortgage fee.
Interest rate: The interest rate of auto financing companies is usually higher than that of banks.
Companies: SAIC General Finance, Volkswagen Finance, Dongfeng Motor Finance, Mercedes-Benz Finance, Ford Finance and Toyota Finance.
3. Automobile Factory Finance Company
Procedures: You need to provide mortgage guarantee for the purchased vehicle. The applicant should have a stable occupation, domicile and repayment source, and have a good credit record.
Down payment: the minimum down payment is 20% of the car price, and the longest period is 5 years.
Interest rate: The interest rate is usually slightly higher than that of banks and slightly lower than that of auto financing companies.
Companies: SAIC Finance Company, FAW Finance Company, GAC Huili, etc.
4, credit card car installment payment
Car purchase by credit card installment is a credit card installment business launched by banking institutions. The credit limit that the cardholder can apply for is 200,000-200,000; There are three stages: 12 months, 24 months and 36 months. There is no loan interest rate for buying a car by credit installment, and the bank only charges a handling fee. The handling fee rate is different in different installments.
5. Car financing lease
Financial leasing is a modern marketing method that relies on cash installment payment. On this basis, it introduces the separation of ownership and use right in leasing services, and the ownership is transferred to the lessee after the lease ends.