Is Tucki financial down payment 1% a routine?

According to the Measures for the Administration of Automobile Loans promulgated on 20 17, the down payment ratio of automobile loans shall not be less than 20%. Mr. Zhu, who has worked in a 4s shop for a long time, told reporters that such a routine passed the risk on to consumers. The practice of recording the car in the company's name in the first year is equivalent to drilling a loophole in the law. In this way, the platform just earned "small money." But some businesses are more "bold". This mode of operation is usually that the merchant pays the full amount to help the customer pick up the car, buy insurance and get a license. When customers have assets, they can apply for credit cards from several banks, and then cash out the credit cards to recover their investment. Mr. Zhu: He gave you a down payment. After he took it out, the car registration certificate was mortgaged to him, which means that the name on it belongs to someone else's small guarantee company or individual. When will you pay back the money and transfer it to you? I'll get you a credit card, and I'll buy this car in installments with the credit card, and I'll charge you this fee. He charges a high fee. For example, if you deposit a credit card with100000 yuan, you will be charged 15 points, which is 15000 yuan. As you can imagine, since it is a zero down payment, the service fee and interest will definitely be much higher. I have calculated, for example, if you buy a car with zero down payment and pay it back in three years, a car with a price of 6.5438+0.5 million will have to pay an extra fee of 30,000 to 40,000 and interest. It also needs to install a GPS for you, maybe more than 3 thousand, in case you run away. Consumers who buy cars with zero down payment may fall into "routine loans" in addition to the above-mentioned routines of "raising the price of cars" and "withdrawing the handling fee for credit card swiping", resulting in the loss of cars and money.