The down payment is 50% and the loan is 50%. In fact, this is not difficult to calculate, that is, 65,438+10,000 divided by the number of months. The car loan is up to three years, and the monthly interest is between 200 and 300.
There are many ways to buy a car now, including full payment and mortgage. There are many ways to buy a car by mortgage. The down payment is low, even 0 down payment and 0 interest rate. Buying a car by mortgage seems very cost-effective, especially for those who are short of money, which can be described as gospel, because it is a pleasant thing to buy a favorite car without much money after all.
The threshold of mortgage is relatively low, but if you are not careful, you may fall into the "pit". Therefore, we must make clear these four points before buying a car by mortgage, and then decide whether we need to buy a car by mortgage.
1, your monthly income
If you buy a car by mortgage, you need to make monthly payments without interruption, so the prerequisite is that you have a stable job, and you must also ensure that your income can maintain monthly payments. For a car mortgage with a value of 6.5438+10,000 yuan, the monthly income is preferably more than 5,000 yuan. If it is lower than this figure, you need to be cautious.
Because vehicle insurance must be bought every year, the monthly fuel cost and maintenance cost need at least 1000 yuan, plus the mortgage cost, the monthly fixed expenditure needs more than 3000 yuan. The ultimate goal of buying a car is to improve one's quality of life, but it is of little significance to buy a car because living beyond one's means reduces one's quality of life.
2. Do you repay interest in advance?
The mortgage interest rate is very important, so you must read it carefully before buying a car. Different lending institutions have different agreements on prepayment, some of which are fixed interest, averaging to every month. If you make a one-time repayment, some of them are non-refundable, such as a three-year mortgage and two-year prepayment, but in fact, when you repay, you pay off the interest for the remaining year.
This is not cost-effective. In addition, if you breach the contract, you will have to pay one month's interest as liquidated damages. And some institutions have no restrictions on prepayment, and the rest can be repaid.
3, the impact of not repaying on time
It is natural to borrow money to pay back the money, but sometimes it is not that you don't want to pay it back, but that you have no money at all. The most direct consequence of not paying back the money is that it will affect your credit information, and it will be difficult to estimate the loan in the future. If there is a problem with credit reporting, it will limit consumption, such as flying, high-speed rail, and children going to private schools.
Of course, credit investigation is on the one hand, and mortgage is generally mortgaged by car, so once the supply is cut off, it is difficult to guarantee that financial institutions will not drive the car away for auction. If you choose to buy a car by mortgage, you must remember to repay it in time, otherwise the consequences will be extremely serious.
4. Handling fee
Many people who buy a car will ignore this point, and the general salesman will eventually tell you that there is a handling fee for buying a car. Many people advertise that they don't have any fees, but some fees will be inconspicuous in the contract, and the existing fees will be paid after the contract is signed. So ask if there is any handling fee, and how much it was before.
Be sure to read the terms of the contract carefully before signing the contract to avoid some omissions.
In fact, whether you buy a car in full or borrow money to buy a car, then 4S stores will have some routines, such as insurance. So don't rush to buy a car, or you won't know how you fell into the "pit".
Especially those who borrow money to buy a car, must make clear the above problems, and it is not too late to start again. After all, cars are consumer goods and depreciated goods. At this time, the extra money will be ignored when dealing with used cars.