Advantages of buying a car with a loan:

1. Inflation devalues money, and loans can reduce this loss;

2. Cars are depreciated. Loans can reduce the losses caused by depreciation. If you invest with the remaining money, the investment income is greater than the bank interest.

3. There is no handling fee for loans to buy a car in 4S stores and state-owned stores. State-owned enterprises can guarantee for consumers themselves, and there is no need to find a third-party company to guarantee.

4. The loan does not need real estate mortgage, and the personal credit loan is used. The loan process is simple and fast, and the requirements for consumer qualifications are not high. Repayment is convenient, fast and flexible.

5. It is more economical for customers who buy a car by loan to choose credit card installment payment than bank car loans and auto financing companies. Usually credit card installment payment is free of guarantee and interest, and only charges a handling fee.

4. It can relieve the economic pressure, reduce the monthly payment pressure of consumers in the process of loan, and increase the freedom of funds.

Extended information:

There is no handling fee for state-owned stores in 4S stores

Most 4S stores have cooperation agreements with banks, which are guaranteed by 4S stores or third-party companies to help consumers borrow money from banks. Different 4S stores choose different banks. "If the central bank's interest rate fluctuates within 5%, our loan interest rate will not be adjusted." A 4S shop staff explained this, "avoid the trouble caused by the frequent fluctuation of interest rates."

It is understood that 2% of car consumers in Beijing buy cars through loans, and about 9% of them borrow money from banks through 4S stores.

In fact, there are two ways for 4S stores to cooperate with banks. The above salesperson said, "Like our state-owned enterprises, we can guarantee consumers by ourselves. If it is a private enterprise, we need to find a third-party company to guarantee." According to reports, the gap is whether to charge a handling fee. "The interest rates are all the same, but the third-party company guarantees a handling fee, and most of them need to be mortgaged with real estate." A staff member of Changan Ford 4S Store introduced that the store can make unsecured real estate loans because it is a state-owned enterprise and cooperates with Shenzhen Development Bank.

Advantages: convenient, fast and flexible repayment

Suitable for people: consumers with personal property and stable income

Baidu Encyclopedia-loan to buy a car.