1. Bank loans
The advantage of bank loans is that the interest rate is relatively low; the disadvantage is that the conditions are relatively harsh, and the borrower must meet the requirements of the bank; secondly, The review often takes a long time, and you need to wait for more time for review.
2. Auto Finance Company
Auto finance company loans have many advantages. First of all, they are convenient and fast, and can be completed without the borrower having to worry too much. Secondly, it is flexible. There are many options for down payment amount and repayment method. Then there is the processing speed, which can be completed in one day at the fastest. The main disadvantage is that the cost is slightly higher.
3. Credit card installment plan
The advantage of using a credit card installment plan to buy a Mercedes-Benz is that it is quick and convenient, and can be done with just one phone call. At the same time, there is no interest on credit card installments. Disadvantages: First of all, although there is no interest fee, there is a handling fee. Secondly, not everyone can apply successfully, and there are still certain requirements for borrowers.