Not so good, not cost-effective.
It is different from the financial models provided by traditional financial institutions, such as consumer loans, car loans and credit loans. The financial solutions provided by the second-hand car platform are basically automobile financial leasing mode, more accurately, it is a financial leasing mode of sale and leaseback.
brief introduction
What is leaseback? Under the leaseback mode, suppliers, lessors and lessees carry out financial leasing around vehicles. Individuals (suppliers) who need funds transfer vehicle ownership to financial leasing companies (lessors) through sales to obtain funds; At the same time, the financial leasing company rents the vehicle to the customer (lessee) who needs it, and collects the rent, and the customer (lessee) continues to retain the right to use the vehicle.
In the second-hand car sale and leaseback mode, the supplier and the lessee are the same person and both are customers who buy cars. Simply put, the customer bought a car, mortgaged it to the financial leasing company, and obtained funds; At the same time, the leasing company rents the car to customers. During the lease period, the customer transfers the ownership of the vehicle in order to obtain funds, and recovers the ownership of the vehicle at the expiration of the lease period.
Second, is Changan Automobile Finance reliable?
Changan Finance is also more reliable, because the bank's audit is stricter. If there is a problem with the car buyer's credit information, the bank will not approve it. Of course, if the buyer's credit information is blank, it will not be approved. So in addition to the bank loan installment. The manufacturer's finance may be the best choice and the most reliable.
Third, borrow money from financial companies to buy used cars. The account name is a financial company. Is it reliable?
Yes, it almost means that the name on the driving license belongs to the financial company, and the right to use it is in your hand. As long as you pay back the money on time, he won't interfere with your vehicle, and then transfer it to your name after the loan is repaid.
4. Can an auto financing company apply for a loan to buy a car if there is a bad credit record?
I'm telling you, it's no problem at all. But his interest rate is usually high. Personally, I think. Ordinary people, like ordinary people, had better not borrow money from strange auto financing companies to buy a car, because they don't have enough money to buy a used car first. . Otherwise, you'd better go to the bank. The model of financial companies is like this. Only you spent the money, signed the contract and paid the down payment. The new car is not in your own name. In a financial company, before you pay off your car loan. This car isn't even yours. In case one day you are in financial difficulties and don't pay the loan by the repayment date, the financial company will take the car away immediately. The car will be equipped with GPS before I give it to you in the early stage. . You want your car back. Pay the balance in full, and then pay 1 ten thousand yuan for the towing fee, which is also paid in one lump sum. . They sent someone to drive the car away for the cost of labor. . . . . You must feel unreasonable. . Call the police. . You just found out. This car doesn't even have its own name. . Legally speaking, these cars are in someone else's name. . The owner of the driving license written in the Great Green Paper is not himself. . . . . This is very difficult. . . . .