1. What are the requirements for interest-free financing from car manufacturers?

1. People who apply for interest-free car loans need to be over 18 years old, have certain civil capacity, and also need to bear certain legal responsibilities.

2. Applicants need to have a stable income. This is an important basis for banks to decide whether to lend to them.

3. Applicants need to have good credit and of course have a certain ability to repay the loan. Study hard and study hard!

2. How to apply for an interest-free car loan?

Consumers do not need to pay interest when purchasing a car through an interest-free car loan (usually refers to a credit card installment payment), and car dealers often Using this as a car promotion gimmick, as a consumer you should do the following: ① Check the handling fees before applying for an interest-free car loan: Currently, only some models on the market offer interest-free and handling fee-free installment payments. Although many credit card installment car purchases have zero interest rates, customers have to pay a certain handling fee. The credit card installment car purchase handling fee is usually paid in one lump sum when paying the first monthly payment. ② When applying for an interest-free car loan, pay attention to insurance: Since the car still belongs to the bank before the consumer pays off the loan, the bank will propose risk protection measures and allow consumers to purchase numerous insurances. For example, customers will be asked to insure the following types of insurance: third-party liability insurance of 200,000 yuan, car damage insurance (full coverage), and theft insurance (full coverage). When consumers want to choose an interest-free car loan, they may wish to read the terms carefully and compare the costs before making a decision. ③ Understand the car discount range: Although interest-free car loans can save a lot of interest, consumers who purchase cars through interest-free car loans often no longer enjoy the car purchase discounts. Taking Xiao Zhang as an example, although Xiao Zhang applied for an interest-free car consumer loan, Xiao Zhou actually bought a car worth 85,000 yuan for 100,000 yuan, which was an overpayment of 15,000 yuan. If 15,000 yuan is used as the car loan interest paid by Xiao Zhou within three years, the annual interest rate will be as high as 17.9. From this perspective, car owners’ expenses using interest-free car loans are much higher than ordinary car loans.

3. Where to get interest-free car loans

"The down payment is only 20, and you can enjoy 0 interest rate discounts for up to 2 years." "You can enjoy 0 interest rates, and the daily supply does not exceed 47 yuan. , for the price of an Italian breakfast” and so on. All these ads made it fashionable to borrow money to buy a car. As we all know, loans require interest payments. If it is a large house with a relatively high value, it may be accepted by the tooth, but a car has its own "price curve" and begins to depreciate from the beginning. For consumers who are ahead of their time and are cash-strapped, zero-interest loans to buy a car are undoubtedly tempting. The car finance market is growing in popularity. Faced with fierce competition, some merchants and financial institutions "frequently come up with new strategies" and use various promotional methods. But there are only two main channels: applying for a car loan from a bank or lending to a car finance company. Another popular way is to use a credit card to pay off the car loan, which is essentially a bank loan. Credit card interest-free installment car purchase is generally an automobile financial service developed jointly by the card issuer and the automobile manufacturer. Consumers can get interest-free for a limited time when purchasing designated models. Due to different promotion methods, down payment ratio, loan amount, term, etc. May vary in different models. According to the manager of a joint-stock commercial bank, generally speaking, credit card holders must purchase cars at dealers designated by the bank. "The loan amount will be divided into several installments on average, and they can also enjoy credit card points." However, he emphasized that although it is interest-free, consumers still have to pay certain procedures. Compared with bank loans, more 4S stores will recommend their own brand of auto finance companies to customers. At the Beijing Guangqi Honda 4S store, a sales consultant told reporters, "Generally speaking, the procedures for Honda Finance Company to handle interest-free loan business are relatively simple." "The financial services of the Auto Finance Company not only promote the sales of its own products, but are also a " Financial means." Zhang Xueyong, deputy dean of the School of Finance of Central University of Finance and Economics, said that seizing the field of automobile consumer finance is also a profit channel, similar to personal consumption loan models such as "JD". COM IOU". "In the face of increasingly fierce competition and relatively thin profit margins, "financial means" can support the development of enterprises to a certain extent.

"Although interest-free car loans sound like a good deal, when going through the procedures, merchants may list some additional terms, and consumers should be aware of them. For example, when applying for interest-free car loans, customers will be informed to pay a certain amount. The handling fee ranges from 1,000 yuan to more than 5,000 yuan, and some are even paid as a percentage of the loan amount. This is also a large expense. At a Fiat 4S store in Beijing, a sales consultant told reporters that if you buy a Zhiyue model. , a down payment of 50 is required, and the loan term is up to 2 years. “There is no interest, but you need to pay 5% of the loan amount as a processing fee. "During the interview, the reporter found that during the interest-free loan period, consumers often need to purchase full car insurance, but there is no need to pay so much insurance premiums for full car purchases or ordinary loan purchases. At the same time, some merchants will also limit the loan period, up to One year; or restrict interest-free loans to specific models; if consumers purchase a car through replacement, they may not even receive a replacement subsidy.

4. What are the conditions for applying for an interest-free car loan?

To apply for an interest-free car loan, you need to meet the following conditions:

1. The borrower has a legal and stable income

2. The borrower has full capacity for civil conduct;

3. The borrower’s personal credit is good. In addition, it should be noted that interest-free loans usually include two categories, one is for those who enjoy subsidies, and the other is a means of promotion for car dealers. When purchasing a car with this type of loan, various loan costs should be considered.