Buying a car with a low down payment is more important to choose a platform that can go to individual households.
Buying a car with zero down payment is not reliable, because the disadvantages of buying a car with zero down payment outweigh the advantages.
Although there is no explicit prohibition on "zero down payment" loans to buy cars, "zero down payment" has become a "gimmick" for some well-known car e-commerce platforms and a few car dealers to sell cars. Of course, not all "zero down payment" loans to buy a car will lead to the terrible consequences of "empty people and money", and some do attract consumers to buy a car through the "zero down payment" of car dealers or intermediaries.
But this kind of "loan welfare" is also debatable. As the saying goes, "there is no such thing as a free lunch", and this way is also wandering in the gray area of laws and regulations. By increasing the handling fee and service fee, the actual car purchase cost of consumers is increased in disguise, and car dealers and financial intermediaries also benefit from it.
In addition, many means that seem to be able to achieve "zero down payment" are actually not only illegal, but also greatly increase consumer spending. It is a common practice to sell low-end cars as high-end cars and stock cars as new cars.
For example, a low-priced luxury car with a bare car price of only about 300,000 yuan was raised to 398,800 yuan after the sales company installed some low-priced configurations. According to the normal 30% down payment, consumers who buy the original car should pay 90,000 yuan first. However, after choosing the "zero down payment" loan to buy a car, consumers seem to enjoy the "zero down payment", but they can only buy a car with a higher price and actually pay more than 90,000 yuan.
After deducting 30% down payment for the car whose price has been raised, the loan amount is just around 300,000 yuan, which is equivalent to the real price of the original car. This "high payment" has become a "zero down payment" in disguise, which is also one of the common routines.
Extended data:
Application material
1. Identity cards and household registration books of both husband and wife.
2. Proof of valid income of both husband and wife.
3. Marriage certificate of both husband and wife, divorce certificate for divorced, and single certificate issued by the civil affairs bureau where the household registration is located for unmarried.
4. Real estate license: the original real estate license is required for the full purchase. Loan purchase requires the provision of purchase contract, loan contract, purchase invoice, details of house loan repayment, repayment plan and balance certificate.
Matters needing attention
When you see advertising slogans such as "zero down payment", "zero interest rate" and "1 yuan loan to buy a car" in the automobile market, don't be too happy for the time being. You need to be vigilant and don't fall into the trap designed by dealers and loan intermediaries.
These car loan concessions, such as "zero down payment", "zero interest rate" and "1 yuan loan to buy a car", will attract many consumers' attention at first sight. These preferential policies look very attractive. In fact, most of the concessions are made on the basis of raising the car price and increasing the agency fee. More importantly, they are inevitably fraudulent.
References:
Baidu encyclopedia-loan to buy a car down payment
References:
Baidu encyclopedia-zero down payment to buy a car
References:
People's Network-Watch out! "Zero down payment" car purchase or a trap