Joke Collection Website - News headlines - Car loan activity, 0 down payment, 0 interest rate, 0 monthly payments, what does this mean? Doesn’t that mean you don’t have to spend a penny?

Car loan activity, 0 down payment, 0 interest rate, 0 monthly payments, what does this mean? Doesn’t that mean you don’t have to spend a penny?

Generally speaking, this is a credit promotion method launched by merchants;

0 down payment is easy to explain. If you buy a car in installments, you don’t need to pay a down payment, but you still have to pay other expenses; The corresponding handling fee

0 interest rate refers to the interest you need to repay every month. Although the interest is gone, there is a handling fee first, which is actually a different medicine;

0 Monthly payment generally refers to the first year. You don’t have to pay back every month. Don’t think that you never have to pay back. There is no such good thing. Generally, you start repaying the loan from the second year;

0 Purchase tax 0 and compulsory insurance means that when buying a car, the cost of purchase tax and compulsory insurance are borne by the dealer;

If there are the above discounts, then the car price will not be discounted, and it must be purchased at the dealer Buy their business insurance;