1, interest rate competitiveness: Guangxi car loan is competitive in interest rate. Due to regional economic differences and market competition, some institutions in Guangxi car loan market offer lower loan interest rates to attract more borrowers. In contrast, the fierce competition in the car loan market in Guangdong leads to a relatively high loan interest rate.
2. Loose application conditions: Guangxi car loan is more relaxed in application conditions. Due to the difference of regional economic development level and market demand, some car loan institutions in Guangxi have relaxed requirements for borrowers' application conditions, such as income requirements and credit evaluation. In contrast, Guangdong car loan market has strict requirements for borrowers' application conditions, and those with higher income or better credit history can get loans.