The advantage of bank loans is that the interest rate is relatively low; The disadvantage is that the conditions are harsh first, and the borrower must meet the requirements of the bank; Secondly, the time required for the audit is often longer, and the time waiting for the audit is more.

2. Auto financing company

Auto financing company loans have many advantages, first of all, it is convenient and fast, and it can be completed without too much effort of the borrower. Secondly, flexibility, whether it is the down payment amount or the repayment method, there are many choices; Then there is the processing speed, which can be completed in one day at the earliest. The disadvantage is that the cost is slightly higher.

3. credit card installment payment

If you buy a Mercedes-Benz by credit card in installments, the advantage is that it is quick and convenient to handle, and it can be done with one phone call. At the same time, there is no interest on credit card installment. Disadvantages: First of all, although there is no interest fee, there is a handling fee. Secondly, not everyone can handle it successfully, and there are still certain requirements for borrowers.