In recent years, the car buying boom in China's automobile market has not faded the trend, in order to further enhance their brand influence, attract more consumers have also accelerated the pace of upgrading their models, so that the overall price of the car has been reduced to a certain extent, consumers' desire to buy cars has also been enhanced. However, many consumers have noticed when buying a car that they seem to prefer to let consumers pay in installments than full car 4s stores, and even launched a three-year interest-free, zero down payment and other car purchase methods.
When many consumers go to the 4s store to buy a car, the salesman will recommend the way of installment payment for consumers with emotion, and also encourage the owner to borrow money to buy a car, and even provide greater preferential services in order to allow consumers to apply for loans. This kind of behavior also makes many consumers feel very incomprehensible, so that the profit margin is so large, what does the 4S store want to make money?
On the surface, the three-year interest-free loan services provided by 4S stores are very favorable, but in fact, the vast majority of 4S stores will cooperate with some banks or financial institutions, and every time a consumer handles loans in their institutions through 4S stores, 4S stores can get a certain percentage of rebates. Therefore, in order to get more rebates, many 4S stores will require the salesman in the store to recommend installments to consumers to buy a car and also set an indicator, and some salesmen will even say that they do not sell cars without installments in order to achieve the indicators.
Advantages and disadvantages of taking out a loan to buy a car
Obviously, the biggest advantage of the loan to buy a car is that it can alleviate the car purchase pressure of the owner to a certain extent. Although the current price of cars has been reduced to a certain extent, for many consumers to take out more than 100,000 yuan at a time to buy a car is still a matter of pain, and if you apply for a loan, you only need to pay a down payment of 30,000 or 50,000 yuan, and then you can slowly repay the loan.
In terms of advantages, the disadvantages of buying a car in installments are obviously more. First of all, the loan to buy a car seems to have less money to pay at one time, but in fact, the loan to buy a car will also include various financial fees, service fees, car and ship fees and other expenses, which add up to not much less than the loan interest, 4S stores can also earn benefits in this way.
Secondly, loans to buy cars are usually required to buy insurance in 4S stores, which are not only more expensive than normal insurance companies, but also mandatory to buy full insurance, and if consumers are not careful to ask clearly, there may be missed insurance types.
In addition, the owner of the loan to buy the vehicle will be installed GPS positioning, if the owner of the repayment period is overdue, the 4S shop can find the owner's car through the positioning, and it will be towed, the car will be recycled, to avoid losses to the 4S shop.
Finally, the motor vehicle registration certificate and car certificate obtained after the owner takes out a loan to buy a car will be mortgaged in the bank. When the owner of the car pays off the loan, these documents can be returned to the owner by way of mortgage, and it is completely owned by the owner.
summary:
Overall, compared to taking out a loan to buy a car, it is obviously more cost-effective for the owner to buy a car in full. And thanks to the development of the Internet, the price of cars has become more and more transparent, and it is difficult for merchants to fool consumers by making a fuss about prices. After paying the full amount, the owner has very little business to worry about, and it will not reduce his quality of life in order to repay the loan every month.