1. Car owners who apply for car purchase by installment must first prepare the following materials: ID card, loan application form, house certificate, personal income certificate and guarantor's ID card.

2. Consumers need to have reliable economic income, the ability to repay the principal and interest in installments, handle corresponding insurance for vehicles according to regulations, have good consumer credit, and need to use vehicles as collateral.

3. In order to obtain a loan, the applicant should also meet the following conditions: permanent residents in the local area and permanent residence in the local area; At least eighteen years of age but under sixty years of age; Have the ability to stabilize income and repay loan principal and interest.

Installment purchase trap

1, zero interest car loan, it seems that there is no interest. In fact, car manufacturers and 4S stores subsidize you together, but now dealers are generally unwilling to pay the money. Selling a car may cost you money, and they will subsidize you with this interest. Merchants will not do this kind of thing, and generally charge some handling fees. Although it is acceptable, the higher the handling fee now, everyone can't accept it. In this way, it will become a means of profit.

2, low-interest car loans, this does not necessarily depend on handling fees to make money, but it must be attached with additional conditions, such as: insurance must be bought from me, what kind of deposit or deposit to pay;

3, bundled sales, this is a common way, zero interest and low interest rate can be given to you, but you must do decoration, film pasting, navigation, reversing images and other things in the store, and you must install them in the store. Where this loan doesn't make money, all the money is earned here.

4. Calculation method of loan interest: When the loan is calculated for you, the interest and repayment amount will be reduced every month to attract you and relieve your pressure. When signing the contract, the sales will give you the same principal and interest, and the repayment amount is the same every month. The repayment methods of principal and principal and interest are similar. From an absolute point of view, matching principal and interest is equivalent to borrowing more money and paying more interest. From this point of view, people's income will be higher, so whether to use this method depends on us, not on them secretly changing it for me.