How about buying a car by installment with a bank credit card? In addition to the traditional bank automobile consumption loans and financing channels of automobile enterprise finance companies, there are also bank credit cards to buy cars by stages. Buying a car by credit card is simple, with few restrictions and fast approval page. Buying a car by installment with a credit card is different from buying a car with a credit card in general. Although the latter also borrowed overdraft funds from credit cards, it was greatly limited in the amount and the expected annualized interest rate for repayment. The credit card amount cannot exceed the credit limit of the credit card. Generally speaking, the overdraft limit of a credit card is less than 30 thousand yuan. Therefore, it is only suitable for consumers who lack a small amount of car purchase funds to brush their credit cards at dealers and repay them in one lump sum or in installments. The credit card installment car purchase service, which started in 2008, is an auto finance service jointly developed by the issuing bank and auto companies. According to different products, the maximum loan amount can reach 200,000 yuan, which can be repaid in 12, 18 and 24 installments. Generally, no interest is charged, only the handling fee of the installment amount is charged, and some promotional products don't even charge the handling fee. Buying a car by installment with a credit card is also easier to operate than a bank car loan. As long as the cardholder has good credit and stable income, there is generally no household registration and property restrictions. Some banks even said that the approval can be completed in a few hours at the earliest. Generally speaking, the price of buying naked cars by credit card in installments is based on the actual market price, not necessarily according to the enterprise guidance price. Some products with 0 handling fee are actually equivalent to the handling fee of the car dealer, so there is basically no discount on the car purchase price. Consumers should weigh carefully when buying. Generally, the down payment for a credit card car purchase is 30%-40% or more of the car price, and the minimum loan is 30,000 yuan. Because it involves multiple automobile brands, it basically covers low-end models. The down payment must be made by cash or deposit, and the credit card overdraft limit cannot be used.