Selling a car still costs money. What are the pits that can't be stepped on when buying a car with a loan?

If you buy a car with a loan, if you are greedy for cheap money and don't read the terms and materials carefully, it is very likely that when you sell a car in the future, you can only sell it if you pay back the money.

Under what circumstances, selling a car may be different from selling a house. Except for a few models with emotional blessing or collectible value, other cars are almost all out-and-out consumables. As soon as the tire landed, it depreciated.

The same is true for electronic products such as mobile phones. Whether you are a new and powerful mobile phone, whether you are Huawei, Xiaomi or Apple, next year or the next year, when new products come out, they will be cheaper, right?

If you plan to open it for a few years before selling it, you should think carefully and pay attention to the possible "pit" I said later.

The repayment method of interest before principal is 1, which is called "interest before principal".

Tianjin Normal University has a paper "Research on Risk Control of Vehicle Mortgage Loan".

Repayment method: pay interest every month, and return the principal after the contract expires, or return a small amount of principal, and the remaining principal will continue to be used as a loan.

But in fact, these monthly payments are the interest of financial institutions.

That is to say: you pay the interest first and then the principal loan of 654.38+ten thousand yuan, and the loan is paid off 1 year. In fact, all the interest has been paid back. How much do we owe to financial institutions or banks? 65438+ ten thousand, not a penny less.

If you buy a car to sell at this time, then its residual value is less than 654.38+ million, and you have to pay for it yourself when you sell the car.

There is also a second ultra-low down payment scheme: ultra-low down payment scheme.

In fact, the repayment method of equal principal and interest also hides some pits.

There is a paper in Gansu Finance magazine, which is introduced in Comparative Study of Equal Principal and Interest in Average Capital and Personal Mortgage Repayment.

At the beginning of repayment, the interest expense is relatively large and the principal is relatively small. After that, the interest expenses of each period gradually decreased, and the returned principal gradually increased.

That is to say: matching principal and interest actually means paying interest first, but it is not as absolute as we said in 1, that is, paying interest first and then paying the principal after the principal arrives, which is variable.

Just like fitness, the duration of your daily fitness is constant, such as 1 hour. Just start losing weight and running more, and then maybe start building muscles.

Muscle is "principal" and fat is "interest".

For example, a network platform 1% down payment Volkswagen sagitar financial scheme is actually "purchasing by rent".

1 year is the so-called "car rental". You pay down payment 16400, and the monthly payment is 4298 yuan as the nominal rent. After the expiration of 1 year, our users are allowed to return the car or make up the final payment.

Official website shows that the final payment price is 1 25,000 yuan, and the price of the old car and the new car is basically the same after1year.

If you want to sell the car again and continue to apply for installment after the final payment, you have to post the money yourself.

If you return the car directly, then the down payment and monthly payment of 1 year is 68,000 yuan, even if you rent a car, you will not refund a penny.

The car was returned, and 68 thousand was gone. "Huh?"

What 1 situations may require you to pay in advance? Early repayment of loans may involve breach of contract.

If you want to sell the car, you have to pay the loan in advance before you can sell it, right?

Chongqing University has a paper "Research on the Risk of Early Repayment of Personal Housing Mortgage Loan", which says that early repayment can be regarded as "active default".

Pay me back in advance, or I'll break the contract?

It is mentioned in the Regulations on the Administration of RMB Interest Rate that when the borrower repays the loan before the expiration of the loan contract, the lender has the right to charge the borrower interest according to the original loan contract.

It's agreed: not only will the interest on prepayment not be less, but its interest will be collected in advance, so you will have less time to borrow money and you will be fined.

In this way, it turns out that selling cars can still make a small profit. Once the interest and fines are paid, it is possible to pay back the money.

How to avoid selling cars with money? How to avoid selling cars with money?

The first point is: don't be greedy for petty gains, carefully consider the so-called "ultra-low down payment" and "ultra-low monthly payment" and so on.

Everyone is out doing business and wants to make money. This is human nature, right?

And when signing a loan contract, you must read the terms clearly.

In addition, looking at the repayment schedule is also a good way to avoid selling cars and paying back money.

This form will fill in the monthly payment, including the amount of principal and interest, and you will see it clearly

How much money do you want to pay back in a certain month in the future? How much principal and interest does this part of the money contain? How much principal is still unpaid? This table is clear.

If you check the premium rate of your car's used car online, you can find out whether you will sell it at a discount.

It's like reading the other person's resume before recruiting. After all, it is clear when and what school you graduated from. No matter how you blow it, you'll understand it after a while.

If you want to avoid selling your car, you can only take precautions in advance, so in general, if you wanted to avoid selling my car, you should think twice before applying for a loan.

Make a repayment schedule and ask him to fill it out for you one by one. Relatively speaking, it is not easy to go wrong. If you have any questions, please draw a circle on the date and amount for the salesperson to explain to you.

It really happened, so far there is no particularly good way, so everyone should pay attention.