This is a routine. Interest-free does not mean free. In fact, zero-interest loans are not new in the financial market. It is an automobile loan business jointly launched by automobile production enterprises and banks or auto financing companies. However, in practice, in order to make up for their own losses, car dealers often ask consumers to pay handling fees when buying cars or loans. This is also a way to charge interest in disguise.

There is a handling fee for the loan. The loan is 12 months for one year and 24 months for two years. Monthly handling fee 100 yuan. If you choose a three-year interest-free loan to buy a car, you must pay a handling fee of 3600 yuan before picking up the car.

Second, loans can require customers to be insured for three consecutive years, including requiring customers to pay a renewal deposit of one or two thousand yuan. Until the end of the three-year renewal, the 4s shop will return the renewal deposit to the owner.

Matters needing attention in automobile loan

1, attention should be paid to credit review.

When considering the borrower's repayment ability, the bank will comprehensively consider the borrower's real estate status, income, occupation, credit record, and even industry, education and other factors to judge the borrower's loan qualification. In addition to paying attention to the real estate license, the borrower's occupation and income are all important criteria.

2. The loan certificate should be complete.

Generally, to apply for a personal car loan from a bank, the borrower needs to prepare identity documents (ID card, household registration book or residence certificate), marriage certificate and valid income certificate (tax bill, salary slip, salary passbook, etc.). ) or other valid proof of income sources (funds, stocks, other monetary income, etc.). ). If a family applies for a personal car loan from a bank, it should also submit the identity certificate of the borrower's spouse to the bank.