If you choose a 4S store to apply for a car loan when buying a car, the down payment is generally 30%. If you have real estate or other collateral on hand, you can use it as collateral to get a loan to buy a car, or if you don’t have a real estate, you can find someone to guaranty you (the guarantor must have a regular job).

Basically, the loans on the market now can be paid in installments to relieve the pressure on funds, with the period ranging from 3 months to 3 years. When choosing installment payment, you should not only choose a long term and low pressure, but more importantly, choose a regular and big brand, the loan platform is guaranteed, and the funds and personal information are safe.

Being defrauded of money when buying a car with “zero down payment”

“Zero down payment, zero interest rate, no guarantee, easy car buying...” Many people have seen similar car sales advertisements, and some People choose this kind of "zero down payment" to buy a car only to find out that they have been deceived. The recent news that a criminal gang was broken up has attracted attention in the automotive industry: According to a report from the Shenzhen police. In February 2018, the Shenzhen Longgang police obtained a clue about a crime involving "zero down payment car purchase loan".

After investigation, a large-scale "routine loan" criminal gang headed by Fang Mou was initially discovered. On April 25, Longgang police began to close the net and arrested the "routine loan" gang. They arrested 61 gang members, seized a batch of computers, bank cards and other crime tools, and destroyed a group worth nearly 100 million yuan involved. "routine loan" gang.

The "routine" of this criminal gang to defraud money is very simple. It uses "zero down payment to buy a car" to attract buyers, exploits contract loopholes, creates breach of contract, and defrauds the deceived of tens of thousands of yuan in handling fees and high amounts. Liquidated damages. It is reported that this year’s national public security department’s “Crackdown on Gangs and Evil” campaign has included the crackdown on “routine loans” as one of the targets.

For the above content, please refer to People’s Daily Online – The new car loan policy is announced. The minimum down payment for individuals buying new energy vehicles is RMB 15. People’s Daily Online – Be cautious! Buying a car with “zero down payment” may be a trap