Car loan and car installment business of Yueqing Sub-branch of Agricultural Bank of China

As we all know, the most troublesome thing about buying a car with a loan is not to calculate how much money to change every month, but the bandwidth is a variety of intermediate expenses. Especially for the holder of the first loan, it is easy to disrupt the lender's car purchase plan with a large number of unknown intermediate costs. China Agricultural Bank's car loan service is a new car installment service recently launched by China Agricultural Bank, mainly for car buyers. Customers can apply for car loan service from Agricultural Bank of China with invoices and other materials within three months after buying a new car at the dealership and paying the full amount.

Talking about the reason why Car Loan Bao saves money, the bank's account manager explained that most people who bought cars in the past handled credit card car installment business (mortgage loan) at the car dealership, and this business model finally arrived at the bank, and made loans through the car dealership and guarantee company, resulting in a large number of "mortgage service fees" in different links. Judging from the current market, in addition to paying the normal credit card installment fee (loan interest), citizens also need to pay a service fee of about 4-6% of the installment amount (mortgage loan amount), so the mortgage service fee invisibly increases the customer's car purchase cost. "Simply put, ABC's car loan treasure is to help customers save these intermediate links and let customers directly enjoy ABC's cheap car loan installment service, thus helping customers save money." According to the account manager, the fees for the car loan of ABC mainly include the guarantee fee of 1% installment (mortgage loan), the handling fee of 1 ten thousand yuan and the interest of installment (mortgage loan). For example, when people apply for a 6,543,800 yuan credit card car installment (mortgage loan), they only need to pay a total of 2,000 yuan, saving nearly 200-4,000 yuan compared with the traditional mortgage loan. At the same time, it has certain advantages in interest rate. At present, the three-year market interest rate of traditional car loan business is around 10%, while the car loan interest rate of Agricultural Bank of China is only 9.27%, and the converted monthly interest rate is only 2.57%. For example, a customer applies for a credit card car installment (mortgage loan) of 654.38 million yuan, and only needs to repay the principal of 2778 yuan and interest of 258 yuan per month.

Finally, the bank's account manager said that ABC's car loan treasure not only saved costs, but also took only three working days to handle. At the same time, it also has the advantages of unlimited vehicle types, unlimited car dealers, simple procedures and high quota. At present, many application materials from customers have been received.

"This ABC car loan treasure is really awesome, and it really saves me a lot of money!" Recently, in the car installment business hall of a branch company, Mr. Li, who wants to borrow money to buy a car, said. It turns out that Mr. Li intends to buy a new car worth 6.5438+0.94 million yuan. After preparing a down payment of 580,000 yuan, it is planned to use the balance of 6,543,800 yuan+0,360 yuan for installment business (mortgage loan). After detailed calculation and comparison, the above results are obtained.

Million car purchase subsidy