Shanghai auto finance company loan Shanghai finance auto loan

How much is the interest of SAIC financial car loan of 65438+ 10,000 yuan?

4350 yuan.

Suppose the loan interest rate is 4.35%. The repayment method chosen by the borrower is interest priority, with a loan of 654.38+10,000 yuan, and the interest generated in one year is 654.38+0000004.35% = 4350 yuan. If equal repayment of principal and interest is selected, the loan is 654.38+ten thousand yuan, and the interest to be paid for one year is 237 1.88 yuan. If equal principal repayment is selected, the loan will be RMB 6,543,800+,and the annual interest will be 23.56 25 yuan.

SAIC-GM Finance Car Loan is the first auto finance company in China jointly funded by SAIC Finance Co., Ltd., American General Motors Finance Co., Ltd. and Shanghai General Motors Co., Ltd. and approved by China Banking Regulatory Commission. ..

Is Shanghai Lianzhong Financial Car Loan Formal?

Is Shanghai Lianzhong Financial Car Loan Formal: Is Shanghai Lianzhong Financial Car Loan Formal? This is more formal. In fact, you can also get a car loan when you go to the bank.

How about Shanghai Auto Finance Company's loan to buy a car?

The advantage of auto financing company loans is that they can be directly applied through 4S stores, and there are no excessive requirements for hard conditions such as hukou and real estate. In addition, this auto financing auto loan method is usually flexible, and different stages can be adopted according to the needs of customers. Generally, it is not easy to apply for a car loan with a three-year repayment by credit card, but it is relatively easy for an auto financing company to apply for a longer repayment period, usually around three years, which relieves the pressure on car owners to some extent.

Auto financing company loans auto interest.

Regarding the expected annualized interest rate, we illustrate that the expected annualized interest rate of a three-year loan of xx Auto Finance Company is five years, which is much higher than the expected annualized interest rate of a bank loan 1-3 years (including three years). Of course, this intermediate profit is still shared by financial companies and cooperative banks. It can be seen that if consumers buy a car and follow the normal loan model of auto finance companies, they may wish to consider credit card installment.

Auto financing company's loan car purchase strategy

Although the process of applying for auto financing loan is not troublesome, strict examination and approval can be said to be "harsh" compared with bank credit card installment. In addition to personal identity and income proof, it is also necessary to provide such things as marriage certificate (for couples to buy a car) and real estate license. The personal running account of the bank may even include utilities, property fees, and some current accounts for individuals to open companies. For stable high-income professional groups such as non-civil servants, lawyers, doctors and state-owned enterprises, auto financing companies also stipulate that there must be guarantee companies for guarantee, and even home visits are needed, which not only makes the procedures cumbersome, but also increases the lender's certain guarantee fees.

With such a troublesome review process, the pass rate of applying for auto loans is generally not high. In a word, the operation mode of China's auto financing companies has not reached a higher level of internationalization. In fact, auto financing companies should not only serve the promotion of models. Looking at the loan schemes of most auto financing companies, it seems that the expected annualized expected rate of return of the loan funds themselves is more important.

Auto financing company loan car model

The biggest advantage of auto financing service company's auto consumption loan lies in its lower threshold, high convenience and attractive products. Auto finance service companies are generally established by auto companies, such as Dongfeng Nissan Auto Finance Company, Ford Auto Finance (China) Co., Ltd., Toyota Auto Finance (China) Co., Ltd. and Shanghai General Motors Finance Company.

Advantages and disadvantages of auto financing company's loan to buy a car

-Advantages

1. You can apply for it at the dealer, and you can omit the intermediate link of the formalities;

2. Be able to choose some flexible and low-interest repayment methods.

-insufficient

1. Basically, it only provides the business of designated models of this brand and related brands;

2. The loan term is longer than the credit card;

3. The normal car loan interest is higher than the bank loan in the same period, and the approval is strict;

4. Hitchhiking charges a lot and has not yet entered a benign promotion mode.

Problems needing attention in auto financing company's loan.

The loan scheme of auto financing companies often has an activity period, which is continuous, unlike credit card installment. Maybe the car financing product scheme you knew last quarter will be terminated next quarter. Of course, with the intensification of competition in the auto market, all kinds of auto finance companies are still developing towards a benign operating model. For example, banks do not provide vehicle replacement services, while auto financing companies can flexibly adopt the way of down payment to replace old cars, which is unmatched by general banking institutions. Second-hand car customers only need to replace their vehicles with new car dealers, which can offset the down payment of new cars and eliminate some concerns that the second-hand car market cannot be transferred in time.

Auto financing companies occasionally introduce short-term low expected annualized interest rates or interest-free handling fees. For example, 50% down payment in the first year and the final payment in the second year are common auto financing loans, which are also popular models. Applying for this kind of loan is not unlimited. At least the applicant can't enjoy the current large promotion preferential margin or have to accept the request to reduce the preferential margin.

Is SAIC General Finance a regular car loan? SAIC financial company is very strict in credit investigation.

SAIC-GM Finance Auto Loan is the first auto finance company in China jointly funded by SAIC Finance Co., Ltd., American General Motors Finance Co., Ltd. and Shanghai General Motors Co., Ltd. and approved by China Banking Regulatory Commission ... SAIC-GM Finance has provided a full range of auto finance services to nearly one million auto consumers in China, with a wide range of business.

At the same time, in order to meet more people's demand for car loans, SAIC General Finance opened a 24-hour online car loan application business. Customers can log in to GMAC-SAIC official website to fill in the car loan requirements, and then experience the efficient and convenient car loan service of GMAC-SAIC.

Although the loan business of SAIC-GM-Finance is extensive, the online car loan application business provided by SAIC-GM-Finance provides us with great convenience, but SAIC-GM-Finance is foreign capital after all, and the interest rate is four times higher than that of banks, and it is also proposed that prepayment is a breach of contract and the liquidated damages are very high.

SAIC finance is not very strict in reviewing the lender's application. However, it is not easy for lenders to obtain loans successfully, and some criteria need to be considered. For example, the lender needs to have full capacity for civil conduct, a valid ID card and residence permit, a good personal credit report and no bad records. If the personal credit report is not good, the probability of rejection is very high. Secondly, when applying for a loan, the lender must have labor income and be able to repay the loan on time, otherwise, once it defaults, it will bear high liquidated damages.

SAIC General Finance will also check personal credit information when buying a car. If you are married and buy a family car, you will also check your spouse's credit information. If you have a bad credit record and are a black household, you can't apply for a loan. In addition, SAIC-GM Finance will also check your credit information. Overdue repayment, there will be overdue records on the personal credit report. The following is the application process of SAIC-GM financial loan:

1 Select the car you want to buy, then apply for a loan, fill in and submit the loan application form, and submit relevant supporting materials, such as ID card and residence permit;

2. The auto financing company examines the application materials of the lender and investigates the application qualifications of the lender;

3. In line with the loan conditions, sign a loan contract, a guarantee contract and a mortgage contract with the lender;

4. Handle relevant mortgage registration and insurance procedures;

5. Loans from auto financing companies;

6. The lender pays the down payment for the vehicle, and then goes through the formalities of picking up the vehicle;

7 The lender repays the loan on time as agreed in the contract, and goes through the mortgage registration cancellation procedures after the loan is paid off.

Is it necessary to repay the interest-free loan of SAIC-GM on time?

Shanghai General Finance will charge a decompression fee after paying off the car loan.

According to the official data of the bank, there is no need to charge relevant handling fees for vehicle release after the car loan is settled. The owner can apply to the loan handling bank or the auto consumption finance company for loan settlement with his personal ID card.

The cancellation of automobile mortgage refers to the cancellation of the mortgage registration procedures handled by the mortgaged automobile in the vehicle management office, that is, the automobile can be traded freely after the mortgage cancellation, because the automobile cannot be traded and transferred freely after the mortgage record is obtained.

Which platform is good for Shanghai car loan?

1, the first car loan APP. It is an auto loan APP developed by Shanghai Fengzhixing Auto Finance Co., Ltd. for users who have loan needs and are granted credit by their company and provide intermediary services.

2. Bee Easy Car Loan APP. Bee Easy Car Loan is the leading p2p lending platform in China, and it is also relatively large in Shanghai. It provides users with fast and high-quality financial services, which is fast, saves money and labor, and is tailor-made, safe and reliable.

This is the end of the introduction of Shanghai Finance Auto Loan and Shanghai Auto Finance Company Loan. Did you find the information you needed from it?