Many problems arise during the process of buying a car with a loan. As competition among car manufacturers continues to increase, as a customer, you can enjoy more and more discounts and conveniences when buying a car. For some children who have just entered society and want to buy a car but are short of money, buying a car with a loan is one of the good choices; now almost all 4S stores will provide this service.
1. Be wary of marketing slogans for 4S stores
Many people may have had this impression. Walking into a 4S store, when you first see slogans such as “0 down payment, only pay 30 yuan a day, take home a car worth 150,000 yuan”, it is difficult not to let go. Heartbeat. But even if you only repay 30 yuan a day, it is still 900 yuan a month. Including gas and maintenance fees, it costs more than 1,000 yuan per month. In addition, you should also pay attention to finding out the loan interest rate to avoid “losing money” in the future.
As for “zero down payment”, the state stipulates that the minimum down payment for new energy vehicles, new cars, and second-hand cars is 15%, 20%, and 30% of the purchase price respectively. Their so-called “zero down payment” is probably a hidden trap.
2. There are conditions for getting a loan to buy a car
Generally speaking, when buying a car with a loan, you should not only pay attention to the specific details of the loan and see if there are any other additional costs; you also need to check the car models that can be purchased with a loan before buying a car to avoid the situation of finding a car model but not being able to get a loan.
3. You took out a loan to buy a car, but the car doesn’t belong to you
Although some car owners have obtained a car with a loan, they need to pay attention to preventing the car purchased from the loan from being used as a second mortgage by the dealer, to avoid unnecessary trouble in the future. Generally speaking, the probability of such a situation happening is relatively small, but you still need to be vigilant.
4. Check the repayment situation clearly
Before taking out a loan to buy a car, you must pay attention to how you will repay the loan and make clear calculations to avoid the situation of not being able to pay the loan when the time comes, which will affect your credit record.
5. Don’t be careless when signing a contract
Because it is the first time for some people to buy a car, they are not familiar with many aspects; therefore, they are easily “fooled” by dealers, such as asking you not to fill in the blanks for the amount in the contract, which may cause you greater trouble in the future; after all, The law only recognizes evidence.
6. It is important to sign the cancellation agreement
When customers purchase a car with a mortgage, they may encounter delays in loan disbursement or failure to pass loan approval. Because you have paid the deposit before and have not signed a cancellation agreement, it will be very troublesome to get the deposit back.
