How to calculate the down payment of BYD Qin installment payment? Before or after the subsidy?

After the subsidy. Subsidy funds are directly allocated to automobile production enterprises, and consumers pay the car fare according to the difference between the sales price and the subsidy.

Article 22 of the Measures for the Administration of Automobile Loans stipulates that the amount of automobile loans granted by lenders shall not exceed 80% of the price of automobiles purchased by borrowers; Commercial vehicle loan amount shall not exceed 70% of the price of the car purchased by the borrower; The second-hand car loan amount shall not exceed 50% of the price of the car purchased by the borrower. It is clear that the down payment ratio of loans for personal use, commercial vehicles and used cars shall not be less than 20%, 30% and 50% respectively.

The down payment ratio stipulated in the Measures for the Administration of Automobile Loans is the lowest. In practice, the lender independently determines the specific down payment ratio according to the borrower's credit status.

Extended data

Relevant persons from the Municipal Finance Bureau also stressed that subsidies for new energy vehicles are reported quarterly. After the products are sold to the end users, the automobile production enterprises or sales organizations shall submit the relevant certification materials of new energy vehicles sold in the last quarter to the Municipal Science and Technology Commission within the last five working days of June 5438+0, April, July and June 5438+0 every year.

After the approval of the Municipal Science and Technology Commission, the Municipal Finance Bureau will directly allocate subsidy funds to automobile production enterprises or sales organizations according to the audit results of the Municipal Science and Technology Commission. In order to ensure the safe and rational use of funds, the Municipal Finance Bureau, together with the Municipal Science and Technology Commission, will regularly or irregularly track and inspect the sales of new energy vehicles in production enterprises and sales organizations that apply for financial subsidies for new energy vehicles. Any new energy automobile products that are inconsistent with the application materials, provide false information, defraud financial subsidies, etc. will be dealt with severely in accordance with relevant regulations once verified.

The People's Daily Online-Tianjin new energy vehicle subsidy method was introduced, and the maximum subsidy reached 1 1.4 million.