What’s the trick to buying a car with a low down payment?

Routine 1: The loan needs to be sold in conjunction with insurance, and the insurance for the first two years must be purchased at the 4S store.

There is no discount on new car insurance. If a car is more than three years old and has not been insured, you can enjoy a relatively low discount on the insurance. You can save thousands of dollars on a car under 100,000 yuan. However, as long as an individual needs a loan to buy a car, the insurance will be sold in a bundled manner. The first-year premium will be paid in full, and part of the second-year premium will be charged to ensure that the individual's second-year insurance must be purchased here.

Routine 2: The three-year loan with zero interest depends on the high loan service fee.

Many businesses offer interest-free loans to attract you to buy a vehicle. If you don’t carefully read their loans and calculate repayments, you won’t know how much interest and handling fees they charge. These are all said not to be discounted. Even if there is no interest, it will turn into a considerable loan service fee.

Treat 3, the trick for low down payment is to take out multiple loans.

Some customers don’t have much down payment, and the other party can help solve the problem. In this case, they can take out more loans to reduce the down payment. For example, if you like a car worth RMB 100,000, the other party can get a loan for RMB 130,000, thus reducing the down payment. But when I do the accounting, I will find that in three years, I spent 150,000 to 60,000 yuan, or even more, to buy this 100,000 car.

Required conditions for buying a car with zero down payment: a natural person with full civil capacity and between the ages of 18 and 60; a stable income and strong repayment ability; a local household registration, and the ability to provide identity certificate and Proof of residence; proof of real estate or other proof of financial resources.

Application materials: Identity cards and household registration books of both spouses; valid income certificates of both spouses; marriage certificates of both spouses. If divorced, provide divorce certificate; if unmarried, provide single certificate issued by the Civil Affairs Bureau of the place where the household registration is located; full payment for house purchase The original real estate certificate is required. To purchase a house with a loan, the house purchase contract, loan contract, house purchase invoice, housing loan repayment details and repayment plan and balance certificate are required.

Business Features: It can fulfill car buyers’ dream of buying a car and relieve the pressure of car buyers. There are multiple models for you to choose from, promotion period and more affordable loans.

Purchasing a car with zero down payment is a brand-new way to buy a car. It refers to a car loan with no down payment for specific models launched by banks, auto finance companies and other institutions within a certain period of time. It has the characteristics of high loan amount and no need for down payment. Features such as down payment.

Reference for the above content: Baidu Encyclopedia - Zero Down Payment

Reference for the above content: Xicai.com - Is it true to buy a car with zero down payment? Beware of new tricks in 2019!