White collar people tend to purchase a car loan of commercial banks

                        Survey, consumers purchase a car loan

   Spend tomorrow's money to do this thing. For the intention to purchase a car friends, loan purchase a car purchase a car is a path worth trying. At present, the bank interest rates low. Understand according to the reporter, China has entered the era of negative interest rates, and many domestic automobile financial company has abandoned the original fixed interest calculation model, and the negative interest rate floating interest, for example, Toyota Lexus, GM etc.. For consumers, if the use of credit funds with low cost, then choose the loan purchase a car is also very good.

At present, the loan purchase a car the main bank car business loans, credit card loans, auto finance company loan in three ways. The three purchase a car had different characteristics, consumers can according to their own situation to choose, however, the reporter found that consumers still choose commercial bank loans and auto finance company loan of the 2 channels.

   Car business loans from commercial bank loans to purchase a car directly, the general interest rates low, but the relatively cumbersome approval procedures; credit card loans for small, short-term loans to purchase a car, usually a bank and car enterprises cooperation card; automobile financial company that specializes in automobile manufacturing enterprise, specialized in auto class open financial companies, interest rates are higher, but also charge a fee.

Reporter first came to the Beijing Zhongjin Baiwang auto sales Services Limited Chrysler exhibition hall, and asked that, they provide two loan channels in the shop purchase a car customers for the present, one is the CITIC Bank, the other is Fiat Auto Finance company. About two loans bad, the hall manager madam Ding told reporters, if the choice is within two years of repayment, select the auto financing company is more appropriate, because generally can enjoy preferential loans in store promotions -- low interest or interest free; if up to 3 years, on the choice of bank loans to the right, because the bank loan interest rate is only 6.7%, and they provide Fiat Auto Finance company loan rates around 8%. The reporters found that in the store to purchase a car loan, ask consumers are basically has a white-collar workers more than 8000 yuan of income, but also the general wish to apply for a period of 3 years loans.

The reporter asks that, car consumption a one-year loan interest Toyota finance up to 10-13%, and similar rates for the four major state-owned banks not to 7%. Recently there have been media reports, Toyota automobile financial (China) Co., Ltd. 20 due to monopoly 4S shop car consumption loans, charge exorbitant interest rates and to pay 4S shop rebate, received the Hangzhou City Administration of industry and Commerce Jianggan branch of the administrative punishment hearing notice. It is understood that the bribery, in Toyota financial management purchase a car loan, according to a mid-range car 200000 yuan purchase a car payment, Shoufu 100000, one year time loan 100000 yuan, consumer loans of the four major state-owned banks to pay only 7000 yuan interest, and from Toyota financial loans to pay 10000 yuan interest however, interest rate of 4.5%, Toyota finance as a good fee returned to 4S shop.

In addition, according to West Sanhuan Lexus 4S shop sales director Xiao Ming introduces, at present Lexus financial and Toyota are separate, but the operating mode and the loan interest rate level is very close, also is in 10% above. According to the reporter asked that, Lexus 10% of the loan interest rate is obviously some high, but provides three choose a preferential mode manufacturers, customers can be in the following three ways: 1, receive a one-year insurance2, awarded the 50% purchase taxPreferential loan project 3 Rexxar's (2.5% 50% down payment, interest free loan, 2 years repaid Shoufu 30%, 2 years repaid only pay the loan amount as a fee.

The reporter asked, the majority of customers will choose the gift purchase tax and insurance, need loans would choose a loan from the bank.

Minsheng Bank China general manager of financial department of transportation automobile business department Wang Weiceng said: "in Chinese auto financing way different from foreign countries, different from the manufacturer dominant financial companies dominate the market, may be to financial institutions, which may be Chinese unique road."

  According to the reporters learned that investigation, loan purchase a car of choice for the majority of the population is a higher fixed income white-collar, their steady income, repayment of high security, so banks are also willing to provide preferential loans to them, low interest rates, and easily through the. While the rest of the population, the higher income, or loans do not need, or do not have the approval conditions for banks so the car is basically a one-time payment.

BeijingMr. TangAt the age of 33Financial Analyst

At the beginning of 2008, I bought the first car, that is the Dongfeng a blue hatchback version of the Peugeot 307, at the time of purchase a car full price is 120000 yuan. Because at that time had not bounteous, therefore expressed the hope that installment payment means, several 4S store sales consultant will provide alternative loan purchase a car project.

Non interest bearing financial plan while 4S stores can provide a year, but the repayment pressure, the final choice of Shenzhen Development Bank Shoufu 30%, 3 year time loan scheme, take a 6.67% fixed rate repayment interest calculation. The original bid for the loan process is very smooth, about a week the completion of all formalities, then go to the 4S stores carry the vehicle.

In accordance with the loan period of 3 years, each only 2700 yuan, accounting for the monthly income of 1/4, so the expenditure ratio is more appropriate, and not form a big repayment pressure. It is worth mentioning that, in the vehicle insurance choice 4S shop and the bank is not designated insurance companies, but Shenzhen Development Bank has asked me to buy a specified commercial insurance based on purchasing the insurance, ensure that individuals in the repayment period after the accident, the insurance company shall indemnify the bank owners pay the remaining purchase a car loan repayment. Although some strange feeling, but still gladly accepted, banks need to safeguard their own interests.

Although the loan to today, still continued for half a year, but at the time the loan to buy a car is improved to a great extent the capital turnover rate, I decided to venture to also have certain positive influence. But luck seemed to have since then has been accompanied by my hand, one day off, career, life will become better and better day by day, unfortunately, Beijing traffic is getting blocked.

However, the reporter in the "production" in the process of investigation, found that the majority of consumers, especially white-collar crowd especially to commercial bank loans.

Loans to purchase a car has gradually become a common way to purchase a car, especially the most popular commercial bank loans. In this period of production by the questionnaire survey results also showed that the loan purchase a car, of which 55% people, said they would choose commercial bank lending channel.

But because the market has just formed, nor improve many mechanism. Automobile financial company's interest rate, let many consumers to stop, and then choose a commercial bank lending channel. In September 22nd, the reporter investigation Toyota 4S shop to provide financial lending model after that, car consumption a one-year loan interest Toyota finance up to 10-13%, and similar rates for the four major state-owned banks not to 7%. It is worth mentioning that, recent media reports, Toyota automobile financial (China) Co., Ltd. 20 due to monopoly 4S shop car consumption loans, charge exorbitant interest rates and to pay 4S shop rebate, received the Hangzhou City Administration of industry and Commerce Jianggan branch of the administrative punishment hearing notice. It is understood that the bribery, in Toyota financial management purchase a car loan, according to a mid-range car 200000 yuan purchase a car payment, Shoufu 100000, one year time loan 100000 yuan, consumer loans of the four major state-owned banks to pay only 7000 yuan interest, and from Toyota financial loans to pay 10000 yuan interest however, interest rate of 4.5%, Toyota finance as a good fee returned to 4S shop.

Perhaps is the automobile financial company is still in the initial stage, compared with the operation of commercial banks is somewhat inferior, that share is far to the automobile financial company. Minsheng Bank China general manager of financial department of transportation automobile business department Wang Wei explained: "in Chinese auto financing way different from foreign countries, different from the manufacturer dominant financial companies dominate the market, may be to financial institutions, which may be Chinese unique road."

In order to explore the way of loan purchase a car is, the reporters came to the Beijing Zhongjin Baiwang auto sales Services Limited Chrysler showrooms, sales staff asked after that, they provide two loan channels in the shop purchase a car customers for the present, one is the CITIC Bank, the other is Fiat Auto Finance company. Asked two loans of the superior, the hall manager Ding told reporters, if the choice is within two years of repayment, select the auto financing company is more appropriate, because generally can enjoy preferential loans in store promotions -- low interest or interest free; if up to 3 years, on the choice of bank loans to the right, because the bank loan interest rate is only 6.7%, and they provide Fiat Auto Finance company loan rates around 8%. Another reporter found that such a phenomenon in the shop to purchase a car loan, interest and to ask consumers are basically has a white-collar workers more than 8000 yuan of income, but also the general wish to apply for a period of 3 years loans, most will choose the CITIC Bank for loan.

Subsequently, the reporter visited a home is located in West Sanhuan Lexus 4S shop, the sales director Xiao Ming introduces to the reporter, at present Lexus financial and Toyota are separate, but the operating mode and the loan interest rate level is very close, also is in 10% above. Shaw also admits, Lexus 10% of the loan interest rate is a bit high, some customers so to choose a bank loan.

In addition, according to the survey of 2 table shows, most choose to purchase a car loan is a monthly income of around 10000 in the white-collar workers, they have a stable and not low income, the monthly loan repayment ability. It is also for this reason, the bank car loan for white-collar workers in the city is also very preference, financial risk is small, therefore, in the purchase a car for credit approval procedures are easy to miss, even can provide preferential interest rates lower than the current lending rate. In view of this, automobile credit business of commercial banks by the white-collar favorite is a very natural thing.