There are many scams in lending to buy a car.

How cautious is it to prevent fraud by lending money to buy a car?

I bought a second-hand car and got a loan of 35, yuan when I got a mortgage. However, after second-hand car dealers and guarantee companies, the final loan amount of the owner became 369, yuan. Recently, Mr. Tong encountered such a scam. Fortunately, Mr. Tong caught the scam in time. Xiao on the Pacific Auto Network reminded: Be careful when buying a car with a loan.

the loan amount is 19, yuan more.

In July p>213, Mr. Tong spent 55, yuan on a second-hand Porsche Cayenne. When buying a car, he chose mortgage repayment, with a down payment of 2, yuan and a remaining loan of 35, yuan. On the same day, Mr. Tong signed a mortgage contract with the car dealer, and then he got a credit card from the car dealer. The car dealer told Mr. Tong that the repayment of the mortgage car will be hit on this card every month in the future.

according to the dealer, the loan of 35, yuan will be paid off in three years (36 months), and the monthly loan is about 11, yuan. In this way, Mr. Tong began to make money for Cary on a monthly basis. It was not until the end of November that Mr. Tong decided to repay in advance. When the bank went through the formalities of prepayment, an accidental move made him discover something fishy.

"I glanced at the list given to me by the bank and found that my total loan amount was 369,18 yuan. I clearly remember that the total loan when I bought a car was only 35, yuan! " Mr. Tong was shocked: he borrowed 19, more for no reason!

Many times, car dealers feel guilty. On the day when he found something fishy, Mr. Tong found a second-hand car dealer who bought a car at that time. But when the dealer asked three questions, he didn't know: "I don't know! You have to ask the guarantee company. " In the guarantee company, the person in charge is also playing dumb. "This 19, yuan is the handling fee for your loan to buy a car. We will help you collect it! " His words were debunked by Mr. Tong on the spot: "Didn't you pay a handling fee when you bought a car, 3 yuan, or cash!"

Now the person in charge of the guarantee company is speechless. First he hesitated, then he began to apologize. "Brother, we didn't expect you to repay in advance!" Now, Mr. Tong flew into a rage. He asked the guarantee company to refund the overcharged 19 thousand yuan. But the other party is not a fuel-efficient lamp, so he began to play hooligans. "At first, they threatened to tell me to go to court, and they were not afraid; Later, when I saw that I was serious, I complained to me that many of the 19, yuan was the welfare of used car dealers, which had been given and could not be returned. " After several confrontations, the guarantee company finally agreed to give Mr. Tong 1, yuan.

"I don't want to let them go so easily. But I really don't want to toss, forget it. " Mr. Tong agreed to the other party's request. "This kind of scam, they can never use for the first time. I was lucky to find out. When buying a car with a loan, everyone must be cautious! "

scam: less loans and more loans.

Although Mr. Tong recovered some of the losses, he still had some confusion: "I obviously borrowed 35, yuan at the beginning, but when it was time to repay, why did the loan amount become 369, yuan?" On this issue, Bian Xiao consulted a veteran of the used car industry in Hangzhou. Unexpectedly, his answer was shocking: it is not uncommon to borrow money to buy a car, and there is such a scam of "borrowing less and paying more"! How do unscrupulous car dealers realize the scam step by step?

Take Mr. Tong as an example. When he borrowed money to buy a car, he faced two groups of people. The first is a second-hand car dealer who sells cars, and the second is a guarantee company that provides mortgage guarantee for cars. Once the owner mortgages to buy a car, the guarantee company is generally designated by the car dealer, which gives unscrupulous merchants the opportunity to collude with each other. First, the guarantee company helped Mr. Pan find a bank loan in the name of mortgage agent. However, when applying for the loan amount, the guarantee company did not apply according to the actual amount of 35, yuan, but lied as 369, yuan. When Mr. Tong signed the mortgage purchase contract, the actual loan amount did not appear in the contract, which was generally written as "monthly repayment".

finally, the merchant got 369, yuan. Mr. Tong thought that he only borrowed 35, yuan, but he honestly repaid it according to the base of 369, yuan. The extra loan of 19, yuan is actually divided between the car seller and the guarantee company.

The reporter also calculated an account for Mr. Tong. At present, the annual interest rate of used car loans in Hangzhou is around 5% for three years. Mr. Tong borrowed 35, yuan and paid it back in 36 months. His monthly repayment should be 1489 yuan. However, if the loan amount is falsely reported as 369, yuan, it will be paid off within 36 months, and the monthly repayment amount will become 11,59 yuan. In this way, Mr. Tong should pay more to 6 yuan every month. If he honestly pays off on a monthly basis, he will have to pay about 21,6 yuan more, which is really a great loss.

"unscrupulous merchants dare to do this because they know that the owners will not carefully calculate the monthly repayment amount. Everyone generally thinks that there will be no problems when money passes through the bank, but some people get empty money, give more money and help people pay interest. " The veteran of the used car industry pointed out that this kind of scam is not uncommon at present. "Not only used cars, but also new cars, there are also examples of 4S shops colluding with guarantee companies to defraud money."

people in the second-hand car industry pointed out that although the scam of "less loans and more loans" seems to be hidden, it is not difficult for ordinary car owners to plan ahead if they do the following two things:

1. Learn to calculate the monthly repayment amount

The scam of "less loans and more loans" basically appears in car loans with higher loan amount and longer repayment time. In this way, the monthly repayment amount has not changed much, and it is not easy for the owner to find it. However, if you calculate it carefully, it is not difficult to find something fishy.

formula: monthly car loan calculation formula:

a = p {I (1+I) n/[(1+I) n-1]}

a: monthly payment p: total payment I: monthly interest rate (annual interest rate /12).

if not, the owner can also download the loan interest rate calculator online for help.

2. Always observe and ask

When signing a mortgage car purchase contract, be sure to see clearly whether the total loan amount is stated in the contract.

if not, you can ask the car dealer or guarantee company to write it down so that you can investigate the responsibility in the future;

Secondly, when making monthly repayment, you can ask the bank to issue loan details to see if the loan amount is falsely reported.

The above is the information about buying a car with a loan brought by Bian Xiao, a website of Pacific Auto.

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