The form name is 5050. It means to pay 50% of the car down payment first, and then pay the remaining 50% one year later. There is no handling fee and no interest.

2. How much can Bora borrow without interest for two years?

Bora is interest-free for two years, which means that it is enough to repay the principal within two years, and the loan will generate interest after two years. You can borrow a car for up to five years. Bora is interest-free for two years, which means that it is interest-free and the most cost-effective to pay off within two years. Interest will be generated after more than two years, and the longest loan can be five years. However, it is best to buy a car in full, because the car is a consumable, and the loan to buy a car will generate other expenses. There will be a service charge.

Third, Volkswagen-Bora-FAW Finance Car Loan

It usually takes 7 working days to get approval. It doesn't matter. Wait patiently. At that time, there will be a message on your mobile phone telling you that your loan has been approved. It will take another two or three days. You won't go through the vehicle formalities until 4S receives the loan and completes the formalities. I hope my answer is helpful to you. Please click-useful, thank you.

4. Does FAW Financial Loan have high requirements for credit reporting?

High requirements for credit reporting.

Faw-Volkswagen automobile finance loan application conditions:

1, working income

First of all, the applicant should have a stable job and income, generally speaking. Middle and senior managers in companies such as civil servants and top 500 enterprises have more advantages and can get higher quotas and lower interest rates.

Step 2 stabilize the address

Volkswagen's financial loan requires the applicant to have a stable address, and it is necessary to provide relevant proof of payment of utilities, property fees, rent, etc.

3. Good credit.

Volkswagen's financial loans need personal credit information and have good credit. As long as there are serious overdue records every month, occasional overdue credit cards are acceptable.

4. Other conditions

If there are other conditions, such as housing, wealth management products or large deposits, social security accumulation fund, etc. , can provide, help to improve personal qualifications and get better loans.