Where Can I Buy a Car with Zero Down Payment at 4S Stores?
1 Answers
Many 4S stores and dealers have introduced zero down payment car purchase plans to boost car sales. Here is some information about zero down payment car purchases: 1. Introduction: Zero down payment does not mean that no down payment is required when buying a car on loan. This is not in line with national regulations, which stipulate that consumers must provide at least 20% down payment. The so-called zero down payment means that the manufacturer and the 4S store advance the down payment for the car owner, and then the manufacturer recoups the profit from the consumer in other ways. 2. Is it reliable? It is not reliable compared to buying a car in full. This is because not only will interest need to be repaid later, but some handling fees, service fees, etc., will also be charged.