Just buy a car in full. If possible, try to choose the full car and pay it in one lump sum. No worries, worry and effort. Compared with mortgage, it saves a sum of interest money.

The full amount is easy to understand, that is, give all the car money at one time. Mortgage is to apply for loans to buy a car through auto financing companies, banks and other institutions. For consumers, buying a car by mortgage requires a lot more procedures than buying a car in full, and they have to pay extra fees such as interest handling fees. With abundant funds at hand, it is more cost-effective to buy a car in full.

At present, there are many attractive car staging policies, such as "zero down payment for cars" and "interest-free loans". However, due to the chaotic installment market, there are several ways, such as credit card, bank installment, auto finance, guarantee company and finance company loan, and different ways will have different procedures and fees. Therefore, when signing a contract, consumers will not pay attention to the details of the contract, resulting in many unfavorable terms for consumers, which is also the reason why many people regret borrowing money to buy a car.

(Photo/Text/Photo: Pacific Auto Network Ling Xiufang)

Is it better to buy a car, mortgage or loan?

Buying a car, mortgage or loan are all good choices, which depends on your personal situation and your financial ability.

1, the full amount can enjoy preferential treatment, and the general loan does not enjoy preferential price. If you buy a car with a zero-interest loan, it is equivalent to a discount in disguise. It is ideal if you can get a zero-interest loan on the basis of preferential price.

2, full discount, once again the original price of zero interest rate loans, the most undesirable is the original price of non-zero interest rate loans, unless you really need a car and have no money, otherwise do not choose.

Buying a car by loan is a reasonable way to manage money. Compared with real estate, cars have no value-added potential. If consumers have enough money to buy a car in full, it is better to save money and reinvest it through loans.

Buying a car with a loan can realize the dream of buying a car in advance. Buying a car with a loan can alleviate the pressure of buying a car to a certain extent, and can also control the expenditure well and enjoy the life of owning a car in advance.

Extended data:

Matters needing attention

1. The car buyer must have a relatively stable job, a relatively stable economic income or assets that can be easily realized in order to repay the loan principal and interest on schedule. Assets that are easy to realize here generally refer to securities and gold and silver products.

2. Willing to accept other necessary conditions proposed by the bank. The special dealer referred to in the loan refers to the automobile dealer who is selected by the branches at all levels of the bank according to the financial strength, market share, credibility and other factors of the dealer, and then reported to the head office, and signed an automobile consumption loan cooperation agreement with each branch after confirmation by the head office.

Is it better to buy a car with a loan or a full car?

The full amount of car loan repayment is based on your own actual situation and cannot be directly judged by good or bad.

If you have cash in hand, you can buy it once, then buy it once. If you don't have that much cash and want to buy a car, you can only borrow money.

1. Buy a car in full: this is still very common in China. First, a large number of people don't like the taste of debt. Second, many people think that the loan to buy a car is not reliable, which is much more expensive than the total price when buying a car. Therefore, many "local tyrants" who buy cars in full would rather borrow money from relatives and friends than borrow money to buy cars when they are short of money.

In fact, there are two kinds of people who buy a car in full. The first one is a local tyrant who is not bad at money, because buying a car in full is the most worry-free and labor-saving method. Let's not talk about such people for the time being. On the other hand, after a little calculation, the other person decided to buy a car in full, because buying a car in full can really save a sum of money than buying a car with a loan, without considering the monthly repayment and paying those extra handling fees.

2. Loan to buy a car: "Consumption in advance" has become a very common thing, and loan to buy a car has naturally become the mainstream car buying mode. Because we spend other people's money in advance to improve our lives, then we must consider the inflation problem that cannot be ignored when buying a car with a loan. We should calculate the currency depreciation caused by inflation. After the down payment is over, use the remaining money to raise money.

3, the loan car should also pay attention to, must be fully insured in the store. "Full coverage" is just a vague concept. The insurance company doesn't have the exact meaning of full insurance, which means that the S store forces you to insure the types and amount. Because although you bought a car, the property right is not yours, but the lender's. In case someone wants to compensate for the damage of the car in use, this person belongs to the insurance company, so the insurance is very complete. The specific service fee varies from brand to brand. The amount of service charge is determined by the manufacturer according to different models.

To sum up, regarding whether buying a car now is cost-effective or cost-effective, at present, it is still said that it is fair and reasonable, and the two sides hold their own words.

Should I buy a car in full or mortgage? Which is more cost-effective?

It depends on your own car budget. In most cases, it will be more cost-effective to buy a car in full.

For small partners who need to buy a car, many people will mortgage to buy a car because many people's budgets are not sufficient. Mortgage allows many people to buy their favorite car at least one year in advance. Although this method sounds very cost-effective, because the mortgage itself has a certain loan interest, the total cost of buying a car by mortgage is higher than that of buying a car in full. If it is not necessary, we can choose to buy a car in full.

The total cost of buying a car in full will be more cost-effective.

Before buying a car, a person needs to fully evaluate his cash flow. If his funds don't need turnover in a short time, he can choose to buy a car in full. When we arrive at the 4S shop, the sales staff of the 4S shop will generally recommend us to buy a car by mortgage, and will use various words to guide us to handle the installment loan. To some extent, buying a car by mortgage can give the staff of 4S shop a certain sales commission, but this way of buying a car will make the owner pay more total expenses, so it is more cost-effective to buy a car in full.

Buying a car by mortgage is more suitable for people who buy a car in advance.

If a person is unable to pay the car payment in full in a short time, he can enjoy the car purchase service in advance by mortgage. To some extent, we can compare buying a car by mortgage to overdraft consumption. If a person has a stable repayment ability, he can consider buying a car by mortgage.

Personally, I suggest buying a car in full.

Personally, I think a person's spending power needs to match his earning power. If a person does not have the financial ability to buy a car in full, he needs to live within his means as much as possible. When a person chooses an installment loan. This person can really enjoy the relevant services in a short time, but the installment loan itself has certain interest expenses. If the economy really allows, most car owners actually don't need to pay extra loan interest.