When buying a car with a loan, you must first know that buying a car with a loan will definitely cost more than the full payment. In addition to the loan regulations, these points are also closely related to how much you need to pay for the loan. Remember to understand it clearly.
(1)? How much is the down payment? How many years is the loan?
(2)? How many years will it be interest-free?
(3)? If there is interest, how much is the interest?
(4)? What is the loan processing fee?
△What is the loan processing fee? What is the interest rate on interest-bearing loans?
The loan handling fee depends on the amount of the loan. The ratio is generally around 3. There is no clear standard and each company has different regulations. In most cases, the bank's loan processing fee will be cheaper than that of a 4S store.
△If there is interest, how much is the interest?
Generally, the annual interest rate within one year (including one year) is 5.6; the annual interest rate from one to five years is 6; the annual interest rate for more than five years is 6.15; this interest rate is also floating, and generally the interest rate of banks will be higher than the above 10-20 higher. For specific interest rates, car buyers still need to consult with their local banks. Various policies will affect this interest rate. As for interest-free, each 4S store or car sales point has a watch. Ask the salesperson for one.
△Is there any discount on the bare car price when buying a car with a loan?
In most cases, buying a car with a loan will be more preferential than buying a car with full payment! This is for sure. The automobile industry is under great pressure now. On the other hand, car prices are basically transparent. No one is stupid. They must check the market price before making an inquiry. In my case, the discount ranges from 5,000 to 8,000 yuan. The situation in each region is different, and some hot-selling models may not have discounts.
△What additional fees will be incurred when taking out a loan? Financial service fees, mortgage fees, GPS fees, these can be collectively referred to as service fees. The price also varies depending on the region. For example, the difference in GPS fees is huge. I have seen free installation, and I have also seen ones that cost more than 2,000. In fact, they are all the same. There are also "interest-free loans" now launched. Although it is said to be interest-free, the salesperson will also ask you to pay a certain service fee, deposit, and how many years the full insurance must be paid, etc. Insurance is the most watery thing. For example, full insurance has "glass "Headlight insurance" (free replacement of a window glass within a year), "headlight insurance" (free replacement of a headlight within a year), etc., may seem affordable, but in fact many of them are useless. Who would deliberately knock off a big car if there is nothing wrong? How about replacing the lamp with a new one? Believe that the wool will always come out of the sheep.
△Loan implementation formula (total *** how much to pay) calculation
Loan implementation price = manufacturer’s guide price (bare car price) - car purchase discount vehicle purchase tax insurance service Fees include loan interest and loan processing fees.
No matter how you calculate it, car buyers must ask the salesperson clearly: How much is the down payment? How much is the monthly payment? How long is the monthly payment? How much does it cost to pay for a ***? Then write these words clearly in the contract, so that there will be no worries.
For more content and questions, you can come to my WeChat public account to communicate: Ji Geshuo (id: jigetalk)