Whether to buy a car with a factory loan or a bank loan depends mainly on your own needs, and each has its own advantages.
Second, the specific analysis
Like going to the bank to apply for a car loan, the security will naturally be higher.
When you apply for a car loan in factory finance, you may encounter companies with particularly high interest rates or extra charges, and some may attach some consumer loans. After all, not all factory finance is formal (please check whether the factory finance you choose has been approved by the CBRC and whether you have a financial license).
Of course, factory finance naturally has advantages, its application threshold will be lower than that of banks, and the audit may not be as strict as that of banks, so it will be easier to handle car loans.
If you want to be more secure, although banks will have certain limitations, it is still recommended to choose bank loans.
If you want to get funds faster, it is enough to choose vendor finance.
As long as the individual's comprehensive credit is good, whether it is going to the bank or the manufacturer's finance, the car loan can generally be successfully approved.
Before applying for a loan, you can go to Beijian to check your credit status quickly. If your credit is not good, you can wait for a while, and then apply when the credit risk score is not high and there is almost no stain, which will make it easier to pass.
3. What does Ping An car owner loan always mean in the application?
Ping An's car owner loan has been shown in the application, indicating that Ping An Bank has received the user's loan application and is processing the user's application, but it has not yet entered the review stage.
If it is displayed as being in application for a long time, please contact Ping An Bank actively and ask the manual customer service to inquire why the owner's loan has no loan result.
Generally speaking, the application can be completed in a few days, and it is not normal to exceed a few days.
Of course, it is not excluded that the user's application for the owner's loan is rejected, but the page has not been updated, so it has been displayed as being applied.