We show three financing options | for buying a new car |
Our banking system gives us some financing options to buy a new car. If you do not know, here we explain
Is this 2016 and 2017 plan to buy a car? Years ago we would not have hesitated to advise you risk you, but with the economic downturn we are experiencing and the dollar rising, it is better to think over twice before asking for a loan in any bank. To avoid mistake and you can choose either the way you want to pay your car we'll show you some of financing alternatives.
1. ¿Vehicular or personal credit?
While the answer is obvious, there are many people who have asked this before buying a new car. To be clear, the vehicular credit is the best way to acquire a vehicle 0 km Why? To get the car pledge, we will buy it cheaper than if we do it through a personal loan. To test this theory say an example.
You want to buy a car for $ 20,000, initial only have $ 4,000 and want to finance the remaining $ 16,000 in 36 months. Querying the web comparabien.com.pe vehicular Falabella credit charges the lowest interest rate and monthly payment ($ 583), including vehicle insurance. We did the same with a personal loan and Cusco Box (not including insurance) has the monthly cheaper fee ($ 549), that amount've to add the price to secure a car of that value which can cost between $ 150 and $ 1 000, depending on the coverage you want.
2, collective funds
This type of financing is for those who have trouble in having the car immediately. In our country the best known are: Tambourine, Maquisistema and Promotora Option. To enter this system, the customer must register to obtain a certificate of purchase (the amount of registration and certificate vary depending on the company and the car we want). Note that in this mechanism vehicle insurance is not included in the purchase.
However, in this system the user can access the car through a lottery or auction. If we won the lottery and car are one of the first, the financial cost is much lower than that of a bank. As for the auction, this allows customers to reduce the time of payment or decrease the amount of the monthly installments.
3. American Leasing
While this way of purchasing a new car is relatively new, it has already attracted the interest of several people. How does this type of financing works ? In general terms , the car is purchased by the bank but which has the rights to use is the client. After two or three years , the contract allows the person to return , renew the vehicle or buy a "residual price."
What do we mean by "residual price "? If the person chooses the last option and want to buy the car, the amount to be paid resulting from subtraction between the original value of the car ( including interest and expenses associated with the use of the property ) and the payments made user by the concept of income . While this mode is interesting , the most important advantage of this type of financing is to purchase a vehicle without the need for the total value of car we want.
