How to calculate the installment fee for CCB car installment credit card? No need to worry about not being able to afford a car
What should I do if the car is too expensive and I cannot afford it? You can apply for a CCB Long Card credit card and enjoy credit card installments when purchasing a car at a CCB designated dealer. I believe that many friends who want to buy a car in installments will want to ask how to calculate the installment fee for CCB's car installment credit card. Let me introduce it to you next.
How to calculate the installment fee for CCB car installment credit card
1. CCB provides two types of car purchase installment services, 12 installments (one year) and 24 installments (two years).
2. The installment amount for car purchase is between RMB 20,000 and RMB 200,000. CCB will decide whether to pass the approval and the approved amount based on the cardholder’s consumption situation and credit record.
3. The minimum down payment ratio for installment car purchase is 30% of the net car price, and the down payment must be paid in cash or debit card.
4. Cardholder handling fee = installment amount × cardholder handling rate. The handling fee is included in the first monthly bill after the installment purchase.
For example: Take the installment purchase of a car with 100,000 yuan and 24 installments as an example. If the handling fee is 8%, since the handling fee is only charged in the first month, the handling fee will be 1,000,008% = 8,000 yuan. No monthly fees.
5. Cardholders who apply for Longka car purchase installment payment need to insure the total vehicle theft and vehicle loss insurance. The insurance period is consistent with the installment period, and the first beneficiary of the insurance is the car owner himself.
6. If the installment amount is not divisible by the number of repayment periods, the system will automatically round up the repayment amount of each period.
Reminder: Depending on the car model, the installment amount range and down payment amount are different. For details, please click on the "Cooperative Car Model" column or consult 400-820-0008.
What is the handling fee for buying a car with CCB’s interest-free loan? Interest-free loans are more favorable to buy a car
Everyone is familiar with car loans, and after buying a car with CCB’s zero-down payment interest-free loan, everyone They are starting to lose their patience, and many friends want to apply, because buying a car will be more comfortable without the pressure of interest, but interest-free loans also require car loan processing fees. So how much is the handling fee for CCB’s interest-free car loan? What types of cars does CCB’s interest-free car loan offer?
1. Conditions for buying a car with CCB’s interest-free loan
1. A natural person with full capacity for civil conduct
2. Have a local permanent residence or valid residence status, Have a fixed and detailed address
3. Have a legitimate occupation and a stable and reliable source of income
4. Hold a purchase agreement for a designated brand of car signed with a dealer designated by the lender or contract
5. Provide a property mortgage or pledge recognized by the lender, and the guarantor shall be an individual or unit recognized by the lender with the ability to pay, and bear joint and several liability.
6. The car buyers are both husband and wife or family members and must be present at the same time to apply.
2. CCB’s interest-free loan models for car purchases
Hyundai Honda, Dongfeng Honda, Yueda Kia, Geely, FAW Mazda and FAW Volkswagen Audi
3. What is the handling fee for CCB's interest-free loan to buy a car?
The handling fee for buying a car is CCB's interest-free loan. Taking a car with a total price of 120,000 yuan as an example, the down payment is 40%, which means the maximum loan amount is 72,000 yuan. Generally, according to bank regulations, the down payment is 50,000, and the total installment amount is 70,000. Calculated based on 12 installments, the monthly repayment is 70,000/12 = 5,833 yuan, and the handling fee is 70,000 yuan. If you choose the interest-free car loan, the total cost of buying a car will be 122,450 yuan.
If you choose a one-year car consumer loan, the total cost plus loan interest is 70,000 yuan, and the total cost of buying a car is 125,229 yuan. From this aspect, it is not difficult to see that it is more affordable to buy a car with an interest-free loan.
The above is an introduction to the handling fees of CCB’s interest-free loan for car purchases. I hope it can help everyone.
How much is the installment fee for buying a car with a CCB credit card? How to calculate?
Nowadays, there are more and more banks that can use credit cards to buy cars in installments. Judging from what netizens have shared, it is still worth a look to buy cars in installments with CCB credit cards. Today, I would like to introduce to you the installment fee and calculation method for car purchase with CCB credit card.
How much is the installment fee for buying a car with a CCB credit card?
1. CCB credit card car purchase installments can generally be divided into 12, 18, 24, 36, and 48 installments. The down payment ratio is generally 30%, 40%, or 50%. The actual down payment ratio depends on the car model. Slightly fluctuating;
2. The installment amount range for car purchases is generally 20,000 yuan to 500,000 yuan, and the maximum installment amount is 800,000 yuan. The installment amount range varies depending on different models;< /p>
3. Regarding the handling fee, there will be real-time adjustments. If you purchase during the event, the handling fee will be waived.
How to calculate the installment fee for car purchase with CCB credit card?
1. One-time handling fee
The handling fee amount = the actual installment amount × the cardholder handling fee. The handling fee will be charged on the first billing day after the transaction is completed. A one-time payment is made and the minimum payment amount on the credit card is credited in full.
2. Collect handling fees in installments
Amount of handling fee payable in each installment = actual installment amount × cardholder’s monthly handling fee. The handling fee will be calculated based on the number of transactions. It will be credited monthly starting from the first billing date after the transaction is completed, and the full amount will be included in the minimum payment amount of the credit card.
As for one-time payment or installment payment, users can choose by themselves, but they can’t escape anyway.
What is the general handling fee for car loans?
It is reported that the current handling fee for bank car loans is 3%, while the handling fee standards for auto financial institutions and 4S stores with more convenient approval are relatively high.
Generally speaking, buying a car with a loan requires vehicle mortgage and insurance procedures, so the handling fees included in the car loan mainly include compulsory traffic insurance, vehicle and vessel use tax, commercial insurance premiums, and licensing fees. In terms of commercial insurance, there are no relevant mandatory regulations, but 4S stores often require car buyers to purchase it.
If you want to know how much the handling fee is, you can ask more about different brands of models when buying a car to see how their handling fees are charged, and you will know the local market conditions. . Based on experience, if the car model is about 100,000 yuan, if the loan is about 60,000 yuan, the handling fee will be about 3,000-5,000 yuan. If it is a car model of 20.3 million yuan, the loan amount will be more than 150,000 yuan, generally speaking, it is 6,000 to 8,000 yuan. Around (the above is the average level, the specific situation will fluctuate according to the actual situation in the place where you buy the car);
As for the cost, be sure to inquire in advance, not only ask the staff of the 4S store, but also learn more Regarding relatives and friends, don’t trust the 4S store too much. Some fees are actually collected by them themselves. Some 4S stores offer discounts that include both interest and handling fees, which must be paid together. Some offers include only interest and no handling fees. Others offer only handling fees and no interest. These must be distinguished.
How to apply for car purchase installment with CCB? Introduction to the required handling fees
Nowadays, more and more people are becoming car owners, and many people need to apply for installment business when buying a car. Among them, CCB car purchase installment is the choice of many people. So, how to handle the installment plan for CCB car purchase? How much is the handling fee for CCB’s car purchase installment? How is it calculated?
How to apply for car purchase installment with CCB?
1. First, you need to go to a designated dealer of China Construction Bank to select a car, test drive it, and negotiate with the dealer to determine the purchase price;
2. Show your car at the dealer CCB Long Card credit card and ID card, and then fill in the car purchase installment application form;
3. The dealer will submit the car purchase installment application form and other application materials you filled in to CCB;
4. China Construction Bank will review your application information;
5. When the review is passed and the application is approved, you can go to the dealer to pay the down payment and go through the relevant procedures;
6. Then wait for the notification. When you receive the notification from the dealer to pick up the car, swipe the card to pay the balance and pick up the car;
7. Then just repay the money in monthly installments through the Dragon Card credit card.
The handling fee required for the installment purchase of a car by China Construction Bank
The handling fee for the installment payment of a car by CCB = the installment amount × the installment handling rate. It should be noted that CCB has previously stated that CCB’s The handling fee is mainly related to the relevant regulations of the car dealership, and the approximate interest rate is around 3% to 9%. The handling fee is deducted in one go, and the CCB car purchase installment handling fee will be included in the first month's bill after the installment purchase.
The above is a summary of the CCB car purchase installment process and the calculation of CCB car purchase installment fees. It’s easy to apply for CCB’s car installment plan. Generally, if you have a CCB Long Card credit card and have a good credit record, you can apply for it.
How to calculate the installment fee for car purchase with CCB credit card?
I want to buy a car but don’t have enough money on hand. How can I choose a bank loan with high threshold, troublesome procedures and long review time? Realizing your dream of buying a car? If you have a CCB credit card, you can enjoy car purchase installment discounts. If you want to know how to calculate the car purchase installment fee, read on.
CCB credit card car purchase installment process
1. First select a car at the dealer, test drive it, and negotiate with the dealer to determine the purchase price;
2. Show your Long Card credit card and ID card, fill out the car purchase installment application form, and clearly apply for the car purchase installment amount;
3. The dealer submits the customer's application information to CCB, and it will take 3-5 working days to complete the review; < /p>
4. After the application is approved, the customer goes to the dealer to pay the down payment and go through relevant procedures;
5. After receiving the dealer’s notice to pick up the car, swipe the card to pay the balance and pick up the car;< /p>
6. Repay in monthly installments through Longka credit card.
How to calculate the installment fee for car purchase with CCB credit card
CCB credit card cooperates with many dealers, including FAW-Volkswagen, Volkswagen Audi, GM Buick, Beijing Hyundai, Chevrolet, Dongfeng Kia and so on. For different car models, the CCB Credit Card Center offers many promotional offers, including zero interest, low handling rates, and low down payment. The car purchase installment amount can be up to 500,000 yuan, and the installment period can be up to 36 months.
Take the FAW Besturn B30 model with 36 installments and an installment rate of 4% as an example. If the total value of the vehicle is 350,000 and the total installment amount approved by the CCB Credit Card Center is 200,000, then the car owner needs to pay 150,000. A down payment of RMB 10,000. Please note that the down payment cannot be made by credit card.
The installment handling fee for this car purchase is: 2000004%=8000 yuan.
This is the end of the introduction about CCB car purchase loan handling fees and how much CCB car purchase loan handling fees are. I wonder if you found the information you need?