Buying a car by installment means that in order to attract consumers, with the help of installment payment services provided by financial institutions, car buyers can get a certain percentage of cash back discount. Usually, this kind of discount will be allocated to installment repayment, so the monthly repayment amount may be reduced to some extent. This kind of discount is usually provided by car dealers or financial institutions, so the specific cash back ratio and method may be different according to the sales policy.

Although it seems tempting to buy a car by stages, consumers need to think carefully. In this car purchase mode, car dealers or financial institutions usually charge a certain fee or interest, which may offset part of the cash back income and occupy the extra cost of consumers during the payment period. In addition, if consumers default or delay payment, they may face additional fines and interest. For this kind of promotion, consumers should carefully evaluate all the costs and risks to ensure that they can bear the transaction.

If you consider buying a car by stages, I suggest you do some research and comparison to ensure that you can get the best deal. First of all, you should compare the discounts and interest rates offered by different car dealers and financial institutions, and choose the one that suits you best. In addition, some car dealers will also provide more attractive promotional activities at specific times, such as holidays and national car buying activities. Finally, you can carefully consider your financial situation and budget before entering the car purchase process to ensure that you can repay on time and avoid financial problems in the future.