What does BMW x3 59 days mean?

Is to divide the total loan amount by the number of loan days, and only spend 59 yuan every day. These advertising slogans are very common in many items that need to be paid by installments, and their main purpose is to attract customers to buy at a smaller price. With the development of the times and the change of payment methods, mortgage and car loan have become common loan methods. Car loan refers to the loan issued by the lender to the borrower who applies for buying a car. Generally, the loan period for automobile consumption is 1-3 years, and the longest is no more than 5 years, while the loan for used cars is no more than 3 years. Although car loan is a common and easy loan type, not everyone can apply. Generally speaking, the loan object must be a permanent resident of the place where the loan bank is located and have full capacity for civil conduct. With the rapid development of auto loan business, everyone may own a car.