Is it better to buy a car with full payment or a loan?

1 Answers
McAmelia
07/30/25 4:39am
It is recommended to buy a car with full payment if you have the financial means, as it is more cost-effective. More relevant information is as follows: 1. Buying a car with a loan: When purchasing a car with a loan, you are required to buy insurance from the 4S store, along with additional fees such as deposits, interest, and handling charges. Buying a car with a loan is significantly more expensive than paying in full, which is why sales consultants at 4S stores tend to recommend financing—it increases their commission. Additionally, early repayment is considered a breach of contract. 2. Car purchase plan: If you are buying a car, it is best to list out each expense and compare them to get a clear picture. With the current competitive market, the discounts are quite attractive, so if you can pay in full, avoid taking a loan.
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