FAW Capital Holdings Limited (hereinafter referred to as Capital Holdings), a subsidiary of China FAW Group, has FAW Leasing Co., Ltd., FAW Finance Co., Ltd. and FAW Automobile Finance Co., Ltd., all of which serve FAW brand dealers.
Second, there are FAW-Volkswagen and FAW Hongqi? What does this' FAW' mean?
Refers to the reform and opening-up of China No.1 Automobile Factory, which is a joint venture between the automobile manufacturer FAW-Volkswagen and China FAW Group, with each party holding half of the shares.
3. Is Hongqi FAW Leasing the same as FAW Finance?
It's different.
The differences between FAW Finance and FAW Leasing include transaction form, ownership and transaction subject.
1. Transaction form: FAW Finance is the owner's loan from the bank, and FAW Leasing is the form of rent to enable the owner to repay the loan on time.
2. Ownership: The ownership of FAW Finance is the owner, while the ownership of FAW Leasing is the lessor before the owner pays the car payment.
3. Transaction subject: FAW Finance means that the owner and the 4s shop negotiate a good deal and sign a contract. FAW Leasing is a good deal between car owners, 4s shops and leasing companies, and two contracts need to be signed.
4. What is the difference between FAW Finance and FAW Leasing?
The differences between FAW Finance and FAW Leasing include transaction forms, ownership and transaction subjects, which are described in detail below. 1. Transaction form: FAW Finance allows car owners to borrow from banks, and FAW Leasing allows car owners to repay on time in the form of rent. 2. Ownership: The car ownership of FAW Finance belongs to the owner, while the car ownership leased by FAW belongs to the lessor before the owner pays the car purchase price in full. 3. Transaction subject: FAW Finance refers to the transaction between the owner and the 4s shop and the signing of the contract. Faw leasing is a transaction between the owner, 4s shop and leasing company, and two contracts need to be signed. Similarities between FAW Finance and FAW Leasing: 1. The creditor's rights and debts of FAW Finance and FAW Leasing are the same, that is, the creditor's rights and debts of the car loan company and the owner are the same, and they all need to repay on time according to the contract. 2. The purpose of FAW Finance and FAW Leasing is the same, that is, it can reduce the financial pressure of car owners and let car owners spend little money in front. 3. The cost of FAW Finance and FAW Leasing is relatively high, that is, the total amount of car purchases of the two companies is greater than the total amount of car purchases. Million car purchase subsidy