At present, auto loans mainly include bank loans, auto finance company loans and other ways. Well-known automobile brands of finance companies basically have their own automobile finance loans. For example: Ford Motor Finance under GM. Volkswagen has Volkswagen's auto finance. So which of these auto financing companies' loan schemes is more cost-effective?
The following is the detailed loan plan of the company that integrates Volkswagen models.
common people
Volkswagen Finance Company mainly provides six financial solutions, Volkswagen and all imported Volkswagen models. The six major programs are to launch standard credit balance loans, exquisite easy loans and super "leap" loans-standard credit and super ".
Standard down payment plus monthly fixed repayment amount is simple and easy to operate. Consumers can install a loan contract to pay the down payment (starting from 20%), and the loan period is up to 5 years; Payment within the consumption limit (12~60 months), etc.
Flexible credit: external supply and controllable and flexible final payment. In addition to the down payment (starting from 20% of the total car price) and the equal monthly payment, it also has an elastic tail of 25% of the loan amount for 48 months. The payment method of flexible credit reduces the monthly payment of consumers, and also gives consumers more choices when the loan contract expires, such as: buying a car at one time; Extend the elastic balance and apply for a second loan; Cars for sale, cars for sale.
Enjoy a balanced loan: it is also a brand-new loan method for Volkswagen. During the loan period, the down payment is 50% and the final payment is 50% of the car price. This product is suitable for consumers who are short of money in the short term. During this period, the customer only bears the final payment. In addition to paying the final payment in one lump sum, consumers can also choose to replace the new car or postpone the final payment.
Ling has a low down payment. 36 months down payment, the last month payment. At the end of the repayment period, in addition to paying off the final payment, the customer can also choose to replace the new car or pay the final payment.
Super "leap" loan standard credit: the advantage lies in the simple procedures. The down payment of this product is not less than 65% of the car price, and the loan is equal to the monthly payment. Consumers can reply within 2 hours after applying for this product, and lend money within 24 hours. Suitable for people who just need and want to pick up the car quickly.
The same is true for Super Leap, because the procedures are simple, and consumers can apply only by filling in an ID card and a loan application form. The down payment shall be no less than 65% of the car price, and the monthly payment shall be ultra-low. The final payment shall be paid in the12nd month.
Let's take the golf comfort model as an example. The official guide price of this model is 10000 yuan.
Be widely used
As one of the earliest companies involved in the field of auto finance, Shanghai GM is trying to develop a mature system. In addition to its own brands such as SAIC Folan, it can also provide loan services for other brands such as Wuling, Baojun, Chang 'an and Great Wall. SAIC General Finance mainly provides five loan schemes: equal repayment, equal repayment, worry-free smart loan, smart repayment and installment repayment. The following is a detailed introduction.
Equal repayment: that is, within the loan period, the repayment amount of each installment is the same. The loan term is 12-60 months, and the down payment is as low as 20%. According to consumers' personal qualifications and purchase models, design exclusive solutions.
Average capital repayment method: that is, within the loan period, the repayment amount of each installment is gradually decreasing. The loan term is 12-60 months, and the down payment is as low as 20%. According to the applicant's qualification and the type of car purchased, design the exclusive scheme.
Worry-free smart loan: commonly known as "half loan and half payment", 50% repayment at the end of the loan period. At the same time, at the end of the loan period, you have three options, namely, paying off the balance in full, applying for extension 12 months, and replacing the used car.
Intelligent repayment: the loan is divided into two parts, the first part and the last part. At the end of the loan period, there are three options: paying off the wisdom balance in full; Apply for extension 12 months; Used car replacement. Suitable for groups whose income will have a lot of extra income in a certain period of time and whose consumption attitude is avant-garde.
Installment repayment: divide the loan into several stages, and each stage contains several repayment periods; In each single paragraph, the total repayment amount of each period is different; At the end of the loan period, there are two options: paying off the balance in full; Used car replacement. Suitable for groups whose cash flow fluctuates greatly and is relatively regular.
Let's take the manual classic of Buick New Excelle as an example. The official guide price of bare car of this model is 10000 yuan, so as to calculate and compare various schemes. 2. What are the auto financing loan services?
Well-known automobile brands basically have their own automobile financing loans. For example, the general brand has general finance. Ford brand has its own Ford auto finance. Volkswagen has Volkswagen's auto finance. These auto financing loans have a low threshold and are easy to apply for. But the interest rate is higher. The annual interest rate is generally around 13%. Everything has advantages and disadvantages.
3. What does the personal financial customer service of the bank do?
Personal financial customer service of banks refers to the professional services such as financial analysis, financial planning, investment consultant and asset management provided by banks to individual customers by taking advantage of outlets, technology, talents, information and funds. The main services are:
① Personal assets business: mainly refers to personal consumption credit business, which is loans and credits provided by banks to consumers in the form of money or contracts for purchasing goods or services.
② Personal debt business: mainly refers to savings deposit business.
③ Personal intermediary business: mainly refers to the business in which banks handle entrusted matters such as down payment for individual customers as an intermediary without using their own assets, and provide various financial services and collect fees, including personal settlement business, personal wealth management business, third-party depository business, bank card business, agency fund, insurance, national debt business, personal wealth management business, personal foreign exchange business, personal information service business and personal precious metal business.
4. What are the financial loan services?
Financial service refers to the multiple functions of the whole financial industry to promote economic and social development. Specifically, financial services refer to various services provided by financial institutions to customers through business activities, including financing and investment, savings, credit, settlement, securities trading, commercial insurance, financial information consultation and so on. Loan services, such as collecting monthly repayment, keeping loan progress report, ensuring payment of taxes and insurance premiums, and urging overdue borrowers to repay. Loan management is not necessarily the lender, but sometimes the intermediary agency is responsible.