1. Buying a car in full is a one-time payment. In fact, you need to pay a large sum of cash at one time to get a car.

There are many kinds of car loans, including credit card installment, financial loans and bank loans. Credit card installment payment will have a limit, and some credit cards will not be used because of their low limit. The interest on financial loans is high and uneconomical. Most people choose bank loans when they choose loans.

Buying a car with a loan, in addition to the cost of buying a car, requires additional expenses such as interest, insurance, one-time handling fee, or renewal deposit.

Second, the time to pick up the car is different.

1. Buy the car in full, pay for it, sign the contract, and the car can drive away.

After signing the contract, you have to wait for the bank to pay the balance to the 4S shop before you can pick up the car. It usually takes at least three to five days, and you should also pay attention to the possibility that the bank loan review may not pass.

Third, vehicle property rights are different.

1. After buying a car in full, the title certificate, purchase invoice and all-insurance policy of the car can be taken away directly. The property right of the car belongs to the owner, and the car can be pledged or auctioned second-hand.

2, car loans, real estate licenses, car purchase invoices, all-insurance policies, etc. It must be placed in the bank, and the mortgage can only be lifted after the car loan is paid off. No pledge or auction is allowed during the period.

The above contents refer to Baidu Encyclopedia-Loan to Buy a Car.