With the development trend of cars, buying a car has already become a very widespread personal selection behavior. According to the old thinking, the vast majority of Chinese people love to buy houses with full payment, but the current consumption core concept has undergone a significant change, and many young customers are more keen on the way of housing loans. It can be said that both purchasing methods are the key methods for buying cars at present. As to which one has more advantages, let’s first understand the differences between the two? Why is installment payment cheaper than full payment? This is all the trick of the 4S store, and it will not regret looking at it!

Buying a car with full payment: This is the simplest way, if a car costs more than 100,000 yuan, pay the car payment all at once. Simple and direct, take the car home! Advantages: 1. No mortgage pressure; 2. No need to apply for a mortgage loan procedure; 3. Faster car collection. Disadvantages: 1. Once there is an opportunity, you might just be short of that money for investment; 2. Money turns into a car, and immediately enters the depreciation cycle.

Car loan: The biggest feature of car loans is flexibility, but, the additional things you need to pay for the car loan, besides the car payment, are also very many. Advantages: 1. Financial flexibility; 2. Some brands offer special discounts on car loans that are greater than one-time payments. Disadvantages: 1. An additional loan procedure, and you also need to pay service fees; 2. There is a certain amount of mortgage pressure; 3. It takes a few days longer to get the car than one-time payment.

Why is taking a loan to buy a car cheaper than buying a house with full payment? This is actually a materialistic society, and there is no such thing as getting something for nothing. It is impossible for you to get a good deal for free, in addition to the interest on the loan, the 4S store will also require the buyer to take a loan to pay a certain amount of service fee (from a few thousand to tens of thousands), deposit, and other expenses. In addition, the procedures for taking a loan to buy a car are very complex, and it is not a matter of one or two days to complete it. The most important thing is the concern about a bad credit record. Compared with buying a house with full payment, the total cost of buying a car with a loan will be 3%-10% lower. Therefore, when the salesperson tells you it’s a good deal, it’s just a tactic.

Buying a car with full payment is essentially to pay the car price, vehicle purchase tax, and compulsory insurance to get the license plate, and for commercial insurance, you can buy according to your own preference. However, for a loan to buy a car, you cannot decide what kind of insurance to take out, how much the insurance premium is, and you must buy what you need to buy, and buy what you don’t need to buy. Car dealerships also need to make a profit on insurance.

For customers who pay attention to the quality of life, they often want to spend a little money on entertainment or investment, and they also have more time. If they want to do business, they need more sufficient assets to turn over, and for such customers, taking a loan to buy a car is the most suitable. However, you need to arrange this scientifically, otherwise, the monthly loan interest will make you breathe heavily.

In general, buying a house with full payment and taking a loan both have their pros and cons, the key is still to determine according to your own or your family’s income status. However, if you are buying a car within 100,000 yuan, it is recommended to buy a house with full payment. Since for cars in this price range, if you take a loan, the additional interest on the loan is already a large amount compared to the car price, so it is best to buy a house and a car with full payment in this range.