First, the advantages of buying a car in full: saving money

First of all, you don't have to pay interest for the full car purchase; Secondly, the whole car purchase can participate in the cash reduction activities of auto merchants, ranging from several thousand yuan to tens of thousands of yuan.

Second, the disadvantages of buying a car in full: heavy burden

Now even the cheapest cars cost tens of thousands, some even hundreds of thousands or millions. Such a sum of money is still a big expense for wage earners, and the burden is indeed a bit big.

Third, the benefits of buying a car with a loan: making money

First of all, cars don't have value-added potential like houses. Cars are consumables and depreciate quickly. The depreciation rate of new cars is about 20% a year. Therefore, it is better to borrow money to buy a car and take the rest of the money that should be planned in advance to "make money". Second, inflation will devalue the currency. If you choose a loan to buy a car, you can use the remaining money from the full car purchase that should be planned in advance for financial management, which can reduce depreciation losses. Although the loan to buy a car needs to pay interest, the income from financial management is generally higher than interest.

Fourth, the disadvantages of buying a car with a loan: more money and more traps.

First of all, you have to pay back the loan interest, so you will pay more than the full amount. Especially when applying for a loan from an auto financing company, the borrower will be required to buy a matching auto insurance. Secondly, as more and more people borrow money to buy cars now, some swindlers are also swindling around under the guise of "low-interest car loans", leaving no residue that will be cheated if they are not careful. Therefore, Bian Xiao wants to remind everyone that when choosing a loan to buy a car, it is best to choose a formal lending institution.