In recent years, the small car has higher utility is in the domestic market is fast, the positioning of the price interval also lowered the threshold of the purchase a car. Chevrolet love only in Europe with Volkswagen's POLO is representative of the above situation.

   With decreasing the average age of automobile consumers, manufacturers of financial companies also offer loan programs have its different models, then compared these loan bank interest is how? I have put together a series of car loan detailed analyzed form recently, hope that the majority of the owners to help.

　　The loan company detailed comparison:

The car loan approval procedures more trouble, most banks are required to provide the real estate property card, my hukou, proof of income and a series of related documents. A few banks can accept the guarantor provides property, if you choose to use the guarantor of loans, the bank may reduce the proportion of loans, such as the original loan sum 70%, may be up to 60%. Shanghai Volkswagen finance company and the GMAC-SAIC Automotive Finance Co., Ltd. (hereinafter referred to as GMAC-SAIC) is acceptable with regard to the guarantor, and will not reduce the loan amount. Approval for the bank because the client object types are complex, so the approval process is relatively complicated, time is long. The two auto financial company specializing in it, the approval cycle is short. For details please see the table below:

　　Comparison of interest:

Loan interest rates also have different, because banks are tightening macro-control "purse", at the same time, the benchmark interest rate increase, the current bank unless the partners or customers, loans have raised the benchmark interest rates appropriate. Shanghai Volkswagen financial company to reduce lending rates in vehicle sales, attract consumers. The POLO launched 0 interest a year, two years of low interest rate preferential schemes. GMAC-SAIC in love only European did not launch what special discount, same with other models, interest rate is relatively high. For details please see the table below:

　　Be careful.Because the central bank again locking the specialized banks purse, major banks have greatly increased benchmark interest rates by authority, a maximum of 60%. Interest rates above table calculation of floating interest rates for general.

　　Love only European common car loans:

We can see the same 30% down payment, because the love only European price is higher, so the bank's interest is higher. The bank gives interest compared with the GMAC-SAIC advantages of larger, total interest loans a bank less than GMAC-SAIC 3466 yuan, plan bank two years 4122 yuan cheaper than GMAC-SAIC. When using the three year plan, is also one of the most use of the scheme, but the difference was not obviously, but the bank interest great advantages. Specific can refer to the following table:

　　POLO ordinary car loans:

One year and two years of loan, Shanghai Volkswagen financial companies are larger than the bank interest rate advantage. The use of a year free scheme can more than 4% banks provide 1233 yuan less interest, using two years of the program can save more than 1607 yuan bank. In the use of the three year plan, the bank's interest rate advantage to provide larger than the Shanghai Volkswagen financial company, can save 1951 yuan of interest. For details please see the table below:

　　Comparison of the two car repayment:

We can see the same Shoufu, because love only European price is higher, so the bank's interest is higher. But the contrast of POLO overall extra interest or acceptable. When using their own financial company, we found that, POLO this advantage is much larger than the love only european. For details please see the table below:

But now the bank in order to avoid the user to early repayment to reduce interest rates, most banks have adopted the first month paid interest scheme, which is the first month of payment except for all the interest this month car plus, after month repayment for cars.

　　Other loan comparison:

GMAC-SAIC 50-50 scheme comparison Shanghai Volkswagen financial company 50-1-49 scheme

Can these two aspects is classified as a year free solution, 50-50 loan scheme is first pay 50% cost models, the remaining 50% to 12 months after the one-time pay off. But it will be charged 30 yuan per month fee, which will be charged 33% interest per month, the monthly repayment 40 yuan. 50-1-49 is the first to pay 50% of the cost of vehicles, the 1 is to take 1% cars were repayment and 12 months, the remaining 49% to 12 months after the one-time pay off. This scheme is suitable for a certain economic strength but do not want to receive monthly high repayment of the purchase a car use. The scheme also does not calculate interest. For details please see the table below.

　　GMAC-SAIC young people plan

GMAC-SAIC plans to purchase a car for young people of limited compared to relax, purchase a car can not own property or find a guarantor, only need to have a use, any bank more than half a year of good record of credit card, you can loan. But the interest is very high, and can only use 2 years time, the interest rate is 13.54%. For details please see the table below:

　　Shanghai Volkswagen finance company balloon car loan

Xiaobian name from balloon Judai not too fastidious, the loan scheme is in addition to Shoufu, the loan amount can be extracted from the 20%~30% ratio as the tail section, the remaining 70% as a loan. The tail does not calculate interest repayment, in a lump sum at the end of the month, if not pay off, the remaining tail funds to loan, to alleviate the economic tension. For details please see the table below:

　　Summary:

The loan scheme to buy fashionable POLO or more, the most affordable 0 interest loans for which repayment pressure, but, to do business in the capital to purchase a car group has certain requirements can choose the 50-1-49 scheme. Some savings owner can choose a credit, the use of 2 ~3 programs are cost-effective than any scheme. For a certain economic capacity, but the savings compared tension of the owner, so 1~2 can be considered in the selection of Shanghai Volkswagen financial company's common loan, if 3 years loan consider bank, the premise is you is a very good customer bank. Buy Fashion Chevrolet love only in Europe in general there is no preferential loans, for a certain economic strength but do not want to 50:50 by financial constraints can be considered GMAC-SAIC loan purchase a car. Although the first and tail funds greater pressure, but the whole interest is the lowest, only 480 yuan a year. For savings is not much, but there are certain economic income to purchase a car, can consider the 1~3 years of the loan, the bank interest the most cost-effective, but GMAC-SAIC approval procedures more convenient.