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How much interest will be paid in installments when buying a car with CCB Long Card? An example will make it clear!
The Long Card credit card car purchase installment service is an installment payment service provided by CCB to customers who hold CCB Long Card when purchasing cars. It can help you take your car home to a great extent. For this kind of consumption installment business, many people are more concerned about the interest issue. So how much is the interest rate for car purchase with CCB Longka? Here is an example for everyone, let’s learn about it together!

How much interest will be paid in installments when buying a car with CCB Long Card? In fact, CCB Longka car purchase installment payment is an installment business with zero interest, preferential handling fees, guarantee-free, and mortgage-free. Therefore, Longka's car purchase installment payment does not require interest, but does require a handling fee, which is collected in one go. The handling fee for Longka's installment payment for car purchases is determined based on the amount of the installment application and the number of installments selected. The handling fee will also vary according to the car brand and activities. Some car models can even have zero handling fee during the activity! Let's look at the Dongfeng Citroen automobile brand. If it is divided into 12 installments, the handling fee is divided into 24 installments, and the handling fee is 7.

For example:

Calculation formula: Cardholder handling fee = installment amount × cardholder handling rate Mr. Zhang plans to buy a Dongfeng Citroen with a net price of 100,800 yuan, choose Handle installment payment for car purchase with CCB Long Card. With a down payment of RMB 30, the installment amount is RMB 70,560.

If you choose to repay in 12 installments, the monthly payment is 70560÷12=5880 yuan, and the handling fee = 70560*yuan

If you choose to repay in 24 installments, the monthly payment is 70560÷24=2940 yuan, handling fee=70560*7=head of state monthly installment amount=handling fee installment amount/number of periods; monthly repayment amount from the second month=installment amount/number of periods About "CCB Longka Car Purchase That’s it for everyone. I hope it will be helpful to you after reading it. I believe that after reading this, everyone will know how to calculate the installment fee for Longka car purchase. If you choose to repay in advance, the fee will not be refunded!