Is it better to buy a new car with a mortgage, or is it better to pay it in full, and why?

Because the domestic economic level continues to grow, many ordinary people have bought cars. But now there are two ways to buy a car, one is to buy it with a loan, and the other is to buy it in full. Buying with a loan can reduce the financial pressure, and buying in full is relatively cheap.

Buying a car in full means paying all the money when you buy the car. When buying a car, although you have your eye on a model, but you don't have enough funds, the salesperson will recommend you to take out a loan to buy a car.

Many salespeople won't tell you that the cost of taking out a loan to buy a car will be more than the full amount, and the handling fee is high. It costs less to buy a car in full than to buy a car with a loan. Don't worry about subsequent repayments.

Loan consumption can actually be called "high-end consumption", which is actually a Western concept of consumption, but gradually China has begun to have such a concept. According to the traditional concept of the Chinese, money still exists in their own hands.

One of the benefits of buying a car in full is that you don't have to worry about saving money to pay off your car debt every month. At the same time, we will only choose the full amount if we can afford it, which can effectively avoid overconsumption. But there are also some drawbacks to buying a car in full.

For example, if you can't enjoy it in advance, the cost of buying a car will accumulate for several years; You may spend all your savings on buying a car, and other activities will be a little tight.

With the change of consumption concept, many people will choose to experience it in advance, so paying in installments will reduce the burden. This way, you don't have to endure the pain of saving money. You just need to pay it back every month.

The economic pressure is not so great, and you can invest your spare money; At the same time, you can also buy a higher-end car and return it slowly after a while. The disadvantage of installment is that it is easy to infinitely expand your desire to buy, and the pressure of repayment in the later stage will be relatively large, and you will become a car slave if you are not careful.

If possible, try to buy the car in full and pay it all in one go. No worries, worries and effort. Compared with the mortgage, it saves a lot of interest money.

The cost of a mortgage on a car is higher than the full amount. If you have a good budget, it is more cost-effective to choose the full price. Of course, there are also people who need cash flow, or who are really short of money, but need a car urgently.

You can also choose to buy a car with a mortgage. After you choose a mortgage and buy a car, you will need to repay the loan every month as required. If you don't repay on time, you will be on the credit blacklist, and the gains outweigh the losses.

When choosing to buy a car, you can save a lot of money by paying it all.

I think it's better to pay in full because you can save interest on a processing fee and you don't have to think about the loan later.

I think it's best to go for the full amount, because you have to pay a lot of interest on the mortgage.

It is definitely better to buy a car in full, because the mortgage needs to pay interest, so it is a lot more money than the full payment.

It's good to buy a car in full. Usually, buying a car in full means paying all the costs at once.

Usually need to pay the naked car **, purchase tax, license fees, and insurance, after paying the fee is not necessarily able to get the car immediately, sometimes it takes a long time to get the car, the advantage of buying a car in full is that the funds are paid in a lump sum, there is no follow-up fee, each fee is also more open and transparent, generally for people with financial ability will choose to buy a car in full.

The cost of taking out a loan to buy a car is higher than the full amount, and you have to repay it every month according to the requirements, if you don't repay it on time, you will be on the credit blacklist, and when you choose to buy a car, you can save a lot of costs in full. At the same time, the procedures for taking out a loan to buy a car are also more troublesome, and it also needs to be approved, and it also takes some time to disburse the loan.

If you have enough money to buy a car, it is naturally better to buy the car in full, so that we do not have to pay the interest on the loan, which makes the total cost lower. If we don't have enough cash, we have to take out a mortgage, after all, the act of buying a car will not affect our daily lives. However, if we choose to take a mortgage, we must fully assess our ability to repay and do not buy a car impulsively.

If the budget is sufficient, it is recommended to choose the full amount. For those with a limited budget, it is also possible to buy a car with a mortgage, but the additional cost will be much higher. As for which type of car purchase method to choose, it should still be based on your actual situation.

However, it is worth noting that you must not be fat in the face of the public when buying a car with a mortgage, otherwise the follow-up car loan repayment will overwhelm you.

First of all, you don't have to think so much about the problem of whether you are in a tight position, because since you choose to buy a car, you must have enough money on hand to buy it in full, which can be ignored. In the 4S store, the sales will often kindly tell you the benefits of buying a car with a mortgage and recommend you to buy a car with a mortgage, at this time, many people will be told to change their original ideas, in fact, this is the way of the 4S store, they just want you to mortgage.

Why are many car owners persuaded to take a mortgage? Because they are simple ideas but in terms of the benefits of sales, they don't look far, which is often a novice driver. For old drivers, they will not be moved, they often choose to buy a car in full, because the procedures will be very complicated to buy at one time.

First of all, mortgage to buy a car, there will definitely be a lot of annoying procedures to go through in the follow-up, every time you repay, you need to go through it once, and the above charges are not clear, which is a lot of sales can be used internally to persuade you not to care about the trouble and choose a mortgage. The cost of time is often more important than whether you are nervous or not, so if you can buy a car in full, you must not take a mortgage.

Buying a car with a mortgage will involve a lot of banking business in the later stage, and you know how troublesome it is.

In addition, the mortgage to buy a car also needs to charge a handling fee, and the current manufacturers will give some two-year or three-year interest-free policies, but also stipulate that you can only borrow as much as you want, then you still need to repay the interest later, don't think that only a few thousand yuan of handling fees is enough.

Finally, if you don't care about the money, and you can make more money in the future, you don't need to think about these problems, and it is better to get a direct mortgage, but if you are an impetuous person, you must not take a mortgage, for the sake of money and time, choose to get it all at once.

It's good to buy a car in full.

If conditions permit, try to choose to buy a car in full and pay it off at one time, without worries, worry-free, and save a lot of interest money compared with the mortgage.

The cost of buying a car with a mortgage is higher than the full payment, and if the budget is sufficient, it is still more cost-effective to choose the full payment. Of course, some people need cash flow, or they are really tight on hand, and they need to use the car in a hurry, and they can choose to buy a car with a mortgage. After choosing a mortgage to buy a car, you have to repay the loan every month according to the requirements, if you don't repay on time, you will be on the credit blacklist, which is more than worth the loss.

And when choosing to buy a car, you can save a lot of money by paying the full amount. In addition to the full payment, if you choose the right time to buy a car, you will get a lot of discounts. The manufacturer's assessment of the 4S store generally appears in the middle of the year or at the end of the year, so it will be lower to buy it in May or December.

However, due to the chaos of the installment market, there are several ways such as credit cards, bank installments, auto finance, guarantee companies, financial company loans, etc., and different ways will have different procedures and fees, so when signing a contract, consumers do not pay attention to the details of the contract, and there are many unfavorable terms for consumers, which is why many people regret taking out loans to buy cars.

Buying a car in full is to give all the cars at once. The mortgage is to apply for a loan to buy a car through auto finance companies, banks and other institutions. For consumers, buying a car with a mortgage requires a lot more procedures than buying a car in full.

In addition, you will have to pay additional fees such as interest, processing fees, etc.

So it is recommended:If you have enough money, it is still more cost-effective to buy a car in full.

Whether it is better to buy a car with a mortgage or full payment depends on your own financial situation.

1. If the financial situation allows, the full payment is more cost-effective than the mortgage.

According to my own experience in buying a car, a mortgage loan to buy a car is the most recommended way for salespeople, and of course it must be linked to their interests. The interest on mortgage loans is generally not low, extremely not cost-effective, I originally wanted to pay the full amount of the car, but I was fooled by the salesman, the loan is 50,000, the interest is almost 7,000 in 3 years, and the cost of buying insurance is higher than paying the full amount. Later, I didn't want to take out a loan, and the other party said that I would give more than 1,000 liquidated damages, so I had no choice but to take out a mortgage.

Not only that, but it is also more troublesome to go through the procedures for buying a car. In contrast, if the economic situation is better, it is more economical to buy a car in full than to buy a car with a mortgage.

Second, if the economy is not well-off, choosing to buy a car with a mortgage can alleviate the financial pressure.

As a basic means of transportation, the car is very necessary. If you don't have enough money to pay for your favorite car and you have to buy a car, a mortgage is the most reasonable way. On the one hand, it can meet the needs of consumers to buy cars; On the other hand, it can also relieve the financial pressure on consumers.

Kill two birds with one stone. In short, choosing to buy a car with full payment or mortgage has a lot to do with your financial situation. If you have better financial strength, it is more affordable to choose the full payment than the mortgage. If you don't have enough money, it's best to choose a mortgage payment method.

It's good to buy a car in full. Chinese people don't like to be in debt, so they have developed the habit of paying their bills in full, but for young people, they have begun to get used to using installment shopping. On the one hand, it helps us to enjoy material life in advance, and on the other hand, it can make money more valuable.

At present, the vast majority of financial lending institutions only charge interest and do not charge handling fees, so the handling fees charged by 4S stores are only a means of profit in the store. In addition, some 4S stores will also force users to purchase all vehicle commercial insurance including theft insurance during the loan period, which is a good explanation for why the loan will be more preferential than the full amount.

Advantages of buying a car in full:1. One-time payment, no worries, worry-free.

2. You don't have to repay the loan every month, and buying a car in full can save a lot of money than buying a car with a loan.

3. You can freely choose commercial insurance.

Disadvantages of buying a car in full:1. A large amount of funds are spent, and if you encounter an urgent need for money, there will be a poor turnover.

2. Money has become a car and directly enters the depreciation cycle.

Loan to buy a car: Loan to buy a car to buy insurance in a 4S store, repay the premium, interest handling fees and other payments, a loan to buy a car is much more expensive than the full amount, so the sales consultant will be more inclined to recommend a loan to buy a car, so that the more commission earned from sales, and early repayment is considered a default. 2.

Buying a car plan: If you buy a car, it is best to list each expense at a glance in a comparison, and now the market competition is relatively large, and the preferential margin is also very attractive, so don't take out a loan if you can pay in full.

It depends on your own budget, and in most cases, it will be more cost-effective to buy a car in full.

For those who need to buy a car, many people will buy a car through a mortgage, because many people's budget itself is not sufficient, and the mortgage method can allow many people to buy their favorite car at least one year in advance. Although this method sounds very cost-effective, because the mortgage itself has a certain amount of loan interest, the total cost of buying a car with a mortgage is higher than the cost of buying a car in full. In the event of non-necessity, we can choose to buy the car in full.

The total cost of buying a car in full will be more cost-effective.

Before buying a car, a person needs to fully evaluate their cash flow, and if their funds do not need to be turned around in a short period of time, the person can choose to buy the car in full. When we go to the 4S store, the salesperson of the 4S store will generally recommend us to buy a car with a mortgage, and will use various words to guide us to apply for an installment loan. To a certain extent, buying a car with a mortgage can give the staff of the 4S store a certain sales commission, but this way of buying a car will make the owner pay more of the total cost, so it is more cost-effective to buy a car in full.

Buying a car with a mortgage is more suitable for people who buy a car in advance.

If a person does not have the ability to pay for the car in full in a short period of time, the person can enjoy the car purchase service in advance by buying the car with a mortgage. To some extent, we can compare buying a car with a mortgage to an overdraft purchase, and if a person has a stable ability to repay, this person can consider buying a car with a mortgage. <>

Personally, I would recommend buying a car in full.

In my personal opinion, a person's spending power needs to match their earning power, and if a person does not have the financial ability to buy a car in full, this person needs to live within his or her means as much as possible. When a person chooses to take out an installment loan. This person can indeed enjoy the relevant services in a short period of time, but the installment loan itself has a certain interest charge, and if the economy really allows, most car owners do not need to pay additional loan interest.

Personally, I think you should pay in full when you buy a car; It is more cost-effective to pay in full, and if you take out a mortgage, the interest on each installment is high, and it is more worry-free to pay it all at once.