Dealer's Subsidy Interests Nanjing "zero interest rate" car loan


Shanghai General Motors dealers in Nanjing have recently launched a zero-rate loan to buy a car. Interest on the purchase of consumer loans will be paid by dealers. According to the "Nanjing Daily" report, this zero interest rate concession plan applies to Buick's full range of models. The specific operation method is that the customer and the dealer negotiate with each other. The customer can select the loan model according to the relevant financial regulations of the country, and the interest part is paid by the dealer. For example, Excelle, which sells for 179,800 yuan, has a 20% down payment and the remaining portion is returned to the bank on a 36-month basis. However, the interest of 12,508 yuan is partly borne by the distributor. A zero-interest loan for buying a car is a common promotion method in overseas car sales. Today, while banks are tightening auto loans, dealers hope to use this method to boost sales. According to a person in charge of the dealership, Shanghai GM recently launched auto finance to dealers, which allowed distributors to have more confidence in promoting sales activities. This kind of innovative and affordable car loan method will surely become a lot of loans for car buyers. Preferred. (Wang Xin)

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