1. Buying a car in full is a one-time payment. In fact, you need to pay a large sum of cash at one time to get a car.

There are many types of car loans, including credit card installment, financial loans and bank loans. Credit card installment payment will have a limit, and some credit cards cannot be used because of the low limit. The interest on financial loans is higher and uneconomical. Most people choose bank loans when choosing loans.

In addition to the cost of buying a car, you need to pay extra fees such as interest, insurance, one-time handling fee or renewal deposit.

Second, the time to pick up the car is different.

1. After purchasing the car in full, you can drive away after completing the payment and signing the contract.

After signing the contract, you have to wait for the bank to pay the remaining money to the 4S shop before you can pick up the car. It usually takes at least three to five days, and you should also pay attention to the possibility that the bank loan review may not pass.

Third, vehicle property rights are different.

1. After buying a car in full, the title certificate, purchase invoice and all-insurance policy of the car can be taken away directly. The property right of the car belongs to the owner, and the car can be pledged and auctioned second-hand.

2. Car loan, title certificate, car purchase invoice, all-insurance policy, etc. It must be placed in the bank, and the mortgage can only be lifted after the car loan is paid off. No pledge or auction is allowed during the period.

The above contents refer to Baidu Encyclopedia-Loan to Buy a Car.