How to inquire about car loans: Hot topics and practical guides on the Internet in the past 10 days
As the automobile consumer market continues to heat up, car loans have become the focus of many consumers. This article will combine the hot topics on the Internet in the past 10 days to provide you withThe complete guide to car loan inquiries, and attach structured data for easy reference.
1. Recent hot topics related to car loans (2023 data)
| Ranking | hot topics | Search volume trends |
|---|---|---|
| 1 | New energy vehicle loan subsidy policy | ↑85% |
| 2 | Bank VS Financial Company Interest Rate Comparison | ↑63% |
| 3 | New rules for used car loans | ↑57% |
| 4 | Car loan early repayment penalty | ↑42% |
| 5 | 0 down payment car buying trap | ↑38% |
2. Five mainstream methods for car loan inquiries
1.Bank official channel inquiry
Through the "loan calculator" function of mobile banking APP or online banking, enter the loan amount and term to calculate the monthly payment in real time. Apps such as Industrial and Commercial Bank of China and China Construction Bank also provide "pre-approval quota" services.
2.Auto finance company inquiry
For example, official websites such as Toyota Financial and Volkswagen Financial have online calculation tools, and some brand 4S stores can calculate on-site. The interest rate is usually 1-2% higher than that of banks.
| financial institution | Official website inquiry entrance | Special services |
|---|---|---|
| SAIC-GM Finance | financial calculator | Flexible balance plan |
| BMW Finance | Online pre-approval | Tiered repayment |
3.Third-party price comparison platform
Apps such as "Understanding Car Emperor" and "Auto Home" integrate loan plans from multiple financial institutions and support one-click comparison. The latest data shows that the user utilization rate of such platforms has increased by 120% year-on-year.
4.4S store on-site consultation
Dealers usually have staff from cooperative banks who can calculate loan plans on the spot and apply for pre-approval, but you need to pay attention to additional service fees (a hot spot for recent complaints).
5.Self-examination of credit report
Check your personal credit report through the Credit Reference Center of the People's Bank of China to find out whether you are eligible for a loan (the number of inquiries per year should not exceed 3 times).
3. Key points of the latest car loan policies in 2023
| policy type | Specific content | Applicable people |
|---|---|---|
| New energy subsidies | Mortgage-free loans in some cities | Pure electric vehicle owners |
| Interest rate discount | LPR base interest rate dropped by 15% | Civil Servants/Public Institutions |
4. Things to note when inquiring about car loans
1.Be wary of false advertising: "0 interest rate" marketing routines have appeared in many places recently, and the actual comprehensive cost may be higher.
2.Check repayment schedule: Require financial institutions to issue detailed repayment details and confirm that there are no hidden fees.
3.Pay attention to early repayment terms: New regulations require that liquidated damages shall not exceed 2% of the remaining principal.
4.Save query record: Frequent inquiries may affect your credit score, so it is recommended to concentrate on processing during a concentrated period of time.
5. Expert advice
The latest report from the China Automobile Dealers Association states:
• Give priority to direct bank loan channels (average interest rate 3.85%)
• The loan term is not recommended to exceed 5 years
• New energy car loans can be superimposed with local subsidies (maximum savings of 24,000 yuan)
Through the above structured data and practical suggestions, I believe you can find a suitable car loan plan more efficiently. It is recommended to choose a loan product whose monthly payment does not exceed 40% of your income based on your own income situation.
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