What are the considerations for car financing through FAW Leasing?
2 Answers
Engage in friendly communication with the salesperson, clearly conveying your strong intention to purchase the car, which may prompt them to offer some preferential pricing. Research the prices in advance, then compare and question the salesperson about why their prices are higher than another dealership, and what the advantages are. For car accessories such as floor mats, charcoal bags, parking sensors, seat cushions, etc., be sure to clarify with the salesperson beforehand.
I recently bought a car through FAW Leasing and feel that young people should be cautious with their first loan. First, the budget should be solid—don’t let the monthly payment exceed one-third of your salary, and leave some money for fuel and parking fees. Hidden costs in the contract, such as handling fees and bundled insurance, should be clarified in advance. The choice of car model is also important—don’t just focus on looks; practicality and maintenance costs are key. If you face unemployment or an urgent need for money midway, check whether there are penalties for early repayment. Don’t overlook your credit record either—check your credit score before applying for a loan to avoid a low score affecting future applications. Finally, compare other leasing companies—shopping around pays off.
