Car installment payment is quite cost-effective. As follows: 1. Buying a car in installments has a higher expected return rate. To do business, you must rely on the strength and funds of others and integrate resources. It is true that the annual loan interest rate is between 6.5-7; 2. As a businessman, everyone has done the calculation. Most of the income from doing business is 30-50 or even higher, but compared with the annual interest rate of 6.5-7.5 for car loans, it is not a cost. If it is a discount from an automobile manufacturer, the annualized interest rate for that year will be lower; 3. Car loans are the lowest cost and most convenient way to obtain funds. Whether it's borrowing money from a friend or getting a mortgage, it's very troublesome. Private loan sharks have higher interest rates, so installment payment is the best option. This article ends here, I hope it is helpful to you.

One million car purchase subsidies