1, this problem is because some car buyers have overdue car loans, and banks and car dealers are unwilling to spend a lot of manpower to collect debts. After all, the amount is too small. So there will be intermediaries such as guarantee companies to deal with these things.
You have a fixed income and a guarantor. For non-real estate such as cars, it is also an unstable source of cash from the perspective of bank risk review. If you have a mortgage, you can apply directly to the bank for a loan to buy a car without a guarantee company.
With the appearance of guarantee company, the bank is at ease. On the one hand, the bank will not increase the cost, on the other hand, if the car buyer does not repay, the guarantee company must compensate. Why not?
4. When the guarantee company appears, the car dealership is very relieved. First, the car can't be sold because the buyer doesn't have enough money. Second, the guarantee fee is borne by the buyer, and the car money has been returned. Other non-vehicle problems have nothing to do with themselves. Why not?
I suggest you bargain with the car dealer and include the price of the guarantee fee in the car payment, which is much more affordable than those flashy decorations sent by the car dealer. Of course, you can have both, so you must be an expert in bargaining. Wish you success! Hehe ~ ~.