Established in August 2004, SAIC-GM Auto Finance Co., Ltd., headquartered in Shanghai, China, is the first auto finance company in China approved by China Banking Regulatory Commission. The registered capital of the company is RMB/kloc-0.5 billion yuan, which is jointly funded by SAIC Finance Co., Ltd., GMAC UK Co., Ltd. (a wholly-owned subsidiary of General Motors) and Shanghai General Motors Co., Ltd. After ten years of development, the company's assets have reached 58 billion yuan.
Loan products:
1. Worry-free Smart Loan:
Commonly known as "loan half, pay half"; 50% repayment at the end of the loan period. At the end of the loan period, there are three options: paying off the balance in full; Apply for extension 12 months; Used car replacement.
2. Smart loans:
Divide the loan into two parts and repay them in the first and last installment respectively. At the end of the loan period, there are three options: paying off the wisdom balance in full; Apply for extension 12 months; Used car replacement.
3. Equal repayment:
During the loan period, the repayment amount of each installment is the same. The loan term is 13-60 months, and the down payment is as low as 20%. According to the customer's personal qualification and the car he bought, we will provide a loan scheme specially designed for him.
4. Repayment by installment:
Divide the loan into several sections, and each section contains several repayment periods; In each single paragraph, the total repayment amount of each period is different; At the end of the loan period, there are three options: paying off the balance in full; Apply for extension 12 months; Used car replacement.
According to different repayment methods, SAIC General Motors Finance Company provides a variety of loan packages to choose from: worry-free smart package, smart smart package A, smart smart package B, easy-to-enjoy stable package A, easy-to-enjoy stable package B and easy-to-buy package. At the same time, we can also tailor personalized loan products for car buyers according to their needs.