Car consumer loans are a new loan method that banks issue RMB-guaranteed loans to car buyers who purchase cars at their authorized dealers. A car loan refers to a loan granted by a lender to a borrower who applies to purchase a car. In fact, it means borrowing money from a financial institution to buy a car. However, the financial institution requires the car buyer to pay a certain percentage of down payment and provide proof of repayment ability. You must have no bad credit record and meet the requirements of a financial institution to apply for a loan to buy a car.

Buying a car with a loan has the following benefits:

1. Realize the dream of buying a car in advance. Buying a car with a loan reduces the pressure of buying a car to a certain extent, and can also control expenses well and enjoy it in advance. Live with a car.

2. Accumulate credit wealth. Some people think that no loans and no overdue loans are the best credit records. In fact, it is not the case. Having a loan record with a bank and a good loan record is the best credit record.

3. The expected rate of return is higher. If you are a business person, you must use other people’s funds to do business. The annualized interest rate of a car loan is between 6.5% and 7% (calculated using the rate may be partly Car owners even think that the rate of return is between 3% and 4%), and they can consider whether the rate of return on their money is much greater than the interest rate of car loans; if the business income is more than the annualized interest rate of car loans. A good deal.