Different models, years and versions are selected, and the down payment is also different. If you choose a 4s shop to help with car loans, the down payment ratio is generally 30%-60%. Most consumers will choose a three-year loan, and the loan interest will fluctuate between 5% and 8%. Of course, if you have real estate or other collateral on hand as a mortgage.
There is also a fixed job and a stable income. At this time, you can apply to reduce the down payment, which can be reduced by 10% to 20%. Outside car dealers or car loan institutions have lower down payment thresholds, such as "0 down payment" and "zero interest" are very attractive, but this does not mean free.
Extended data:
Matters needing attention in buying a car with a loan are as follows:
In fact, in order to attract more customers, dealers and manufacturers will put down their loans first and then get them back from consumers through other channels, and the interest on such loans is higher than that of bank loans.
In addition, the down payment for car purchase also includes: auto insurance, vehicle purchase tax, licensing fee, etc. Take a car with a price of100000 yuan as an example. If you go to a 4s shop to buy vehicle insurance, it will cost 6,000 yuan more than this, the purchase tax will be about 8,500 yuan, and the car license fee will be 350 yuan, which will add up to nearly15,000 yuan.
How much does it cost to buy a car with a loan? What's the problem?
Phoenix. Com- What are the expenses besides the down payment for the loan to buy a car?