Currently, competition in the banking sector is so great that to get a loan to buy a car easy.Terms of the loan are not much different, so it is often offered special programs to carry out actions that call to take the appropriate amount of money is in the bank, and not in another.What should first pay attention, making out a loan to buy a car, not to be mistaken?
Statistics show that in cash in Russia sold only about 20% of cars, therefore the remaining 80% are bought on credit.Therefore, the given situation is very suitable saying "demand breeds supply."The average interest rate of 13-21% per annum for a period of 1 to 3 years.Buying a car on credit - a very hot topic.
What are the nuances of special programs for car loans?Most often, banks have such programs with car dealers.There can be reduced and the interest rate and the initial payment, as well as increased lending period.Credit for the purchase of a car dealership on such shares is not particularly popular among the population.Typically, this is due to the fact that a person is defined with a choice of brand even before the loan, so the proposal is not suitable.If you are interested in special program, then carefully read the contract.In some cases, low interest rates may conceal large commissions, special conditions of insurance and other charges.
Express car loan - offer frequent in recent years.Terms quite tempting: a minimum of supporting documents, quick decision, no collateral and guarantors.Naturally, the lending rate is much higher, but that does not stop many.The Council is still the same - pay attention to the conditions in order to avoid negative consequences.
car loans, in principle, everything is clear, but how to get credit for the purchase of goods vehicle?The showrooms are only sold new cars and loans to buy a vehicle on the secondary market does not exist.You can, of course, take the same express loan, but its distinguishing feature (in addition to high interest rates) is also a small lending period, which does not suit many borrowers.It is necessary to pay attention to non-purpose loans, offered by almost every bank in the country.Plus his obvious.First, buy a car will be your property (if it is a car loan will be pledged to the bank until the final repayment of the debt).Secondly, the possibility of an independent choice of the company, the period of insurance, and its type.By cons of consumer misuse of credit can be attributed somewhat greater interest rates, limiting the maturity (characterized by not all banks) and their particular design.
Buying a car - it is responsible, especially in the credit.So think a few times, weigh all the pros and cons and then go to the bank with a loan application.
