1. When buying a second-hand car, is it more cost-effective to use the installment plan for selling a second-hand car, or is it more cost-effective to use the installment plan with a credit card?

It is more cost-effective to pay for the installment plan with a credit card. Generally, the minimum requirement for a second-hand car loan through an auto finance company is 50% down payment, and the minimum down payment in some banks can be as low as 30%; however, bank car loan thresholds are higher and approval takes longer.

When applying for a second-hand car mortgage, the interest rate of a financial company is much higher than that of a bank; buying a car with a credit card in installments is a credit loan and does not require collateral. The handler only needs to have enough information to prove his repayment. You can apply if you have the ability.

Requirements for second-hand car installment processing:

1. The applicant must be over 18 years old and have full capacity for civil conduct;

2. Be able to provide valid Proof of identity;

3. The applicant has a stable income and occupation, and the ability to repay the loan;

4. The applicant has no bad credit record and a good personal credit report;< /p>

5. Relevant regulations of lending institutions.

2. Which one is more cost-effective, Jingdong Baitiao or credit card installment plan? Jingdong Baitiaohe?

From the perspective of installment fees, liquidated damages, and interest-free periods, Jingdong Baitiao is more cost-effective than credit cards.

1. From the perspective of installment handling fees, Jingdong Baitiao handling fee is 0.5% - 1%, and a daily penalty of 0.03% will be paid if the payment is not repaid upon maturity; while the credit card handling fee is 0.6% ——1.5%, if the loan is not repaid when due, a penalty of 0.05% will be paid every day.

2. From the perspective of the interest-free period, the longest interest-free period for a credit card is 56 days; while JD Baitiao has an interest-free period of 30 days. Since JD Baitiao supports credit card repayment, if you use a credit card wisely, Jingdong Baitiao repayment has an interest-free period of up to 86 days. We can see that the interest-free period of Jingdong Baitiao is now on.