In order to seize more car market shares, banks and auto finance companies have successively launched a variety of preferential car loan methods, such as zero down payment and interest-free loans to purchase cars. There are many ways to buy a car with zero down payment and interest-free loans, but for consumers, there are so many choices that it can be a bit confusing. The following focuses on the three methods of zero down payment and interest-free loans to buy a car: credit card installment, automobile corporate finance company loan and bank loan.

1. Auto finance company loans Auto finance is being regarded by auto companies as a magic weapon to save the sluggish auto market. Some time ago, some auto finance companies even offered zero down payment and interest-free loans to buy cars. Some car companies without financial companies have also approached banks to cooperate with various preferential loan businesses. The trend of zero down payment and interest-free loans to buy cars continues to be popular. However, if you enjoy a zero down payment and interest-free loan to buy a car, the car buyer usually cannot enjoy the dealer's car price discount.

2. Credit card installment car purchase The credit card installment car purchase service that has emerged in the past few years is an auto financial service jointly carried out by card-issuing banks and automobile companies. Depending on the product, the loan amount can reach up to 200,000 yuan. It is returned in 12, 18, 24 installments, etc. Generally, there is no interest, and only a handling fee accounting for the installment amount is charged. Some promotional products even waive the handling fee. The bare car price of a credit card installment purchase is generally based on the actual market price and does not have to be based on the company's guide price. Some products with zero handling fee are actually equivalent to the car dealer paying the handling fee, so there is basically no discount on the car purchase price. You must buy it at the manufacturer's guide price. Car buyers should carefully weigh it when purchasing.

3. Bank personal car loan. This is a guaranteed loan provided by banks and car sellers to car buyers for the one-time payment of the car payment, and they work together with insurance and notary institutions to provide insurance and notarization for car buyers. The car loans of major banks basically follow two lines: one line is direct-to-customer car loans. Customers who want a loan to buy a car can directly contact the bank branch and go to the bank to handle the relevant loan business. The other line is to cooperate with 4S stores. Customers buy cars at the 4S store. If the customer needs a loan, the 4S store will directly introduce it to the cooperative bank. Direct-to-customer car loans are more complicated in terms of procedures, but the fees are lower.