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Is it more cost-effective to buy a car than a full payment?

Time: 2017-01-19         Source: Rong 360 finishing         Author: 360 Financial consolidation

ForLoan to buy a carAnd the question of which is more cost-effective to buy a car in full payment, in fact, mainly depends onpersonal loanThe purpose of buying a car is to reduce income pressure, some for capital turnover, and some for pure financial management. In general, whether the total income of the individual is greater than the expenditure. Of course, the premise of choosing a full payment to buy a car is that you have enough money, and if you can pay the required fee in one lump sum, this will undoubtedly be the best. Not only is it saved the interest brought by the loan, but more importantly, there is no economic pressure from the loan.

At present, when auto dealers launch auto loans, “saving and flexible” is its main propaganda point. So, can this kind of loan method bring benefits and convenience to consumers? Fast and easy car loan experts said that in general, car loans also require consumers to pay "cost."

For example, although interest-free car loans have been reduced to some extent.Loan car purchaseInterest and handling expenses, but industry insiders said that since the car is still owned by the bank before the consumer pays back the car loan, the bank will propose measures to protect the risk, so that consumers can buy insurance, so that the car insurance The company's insurance business made a big profit. If consumers choose to use a mortgage to buy a car, although they are expected to obtain low down payment, long term, low interest rate car loans, they may have to pay the property evaluation fee and insure the mortgaged house. Also, if you choose a mortgage to buy a car, then consumers can not enjoy the in-store offers at the same time. Therefore, the difference is that the advantages and disadvantages of the loan to buy a car are there. If you are ready to borrow a car and choose a loan according to your actual situation, this is the best for you.

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