credit car

Credit Car

Advantages and disadvantages of credit car with cheap dp 

 Advantages:

            It's helpful to certain customers who only have enough funds or minimal to dp cars. For example only with dp 13 million could have a Toyota Avanza, usually selected by the middle and lower class who have the determination and believes that in the future it could be paid without thinking about how much percentage of annual interest to be borne, during the period of credit because it was already helped in the beginning by dp which according to them lightweight and able to pay.

Deficiency:

            Interest granted by financial institutions with mild dp (split rate) is well above the normal / very high. Can reach 11% or more annually. Because what could interest setingi it? Yes yes, to cover losses in the light dp. Even 11% of the new interest rate, not including the insurance rate that does have a standard calculation depends on the price (OTR) car.

            The credit process also includes very complicated, because all the required documents must meet the criteria of financial institutions. And you should know also the survey process during the credit not only once, but can be up to 2-3 times and it could take up to 1 month or more, which can lead to saturation of customers who are already looking forward to his ideal car parked in the yard.

            Amir of experience for becoming Salesman at Toyota, for example, between 10 light dp credit application (split rate) is most likely approved the submission of credit only 2 / 2:10. Based on the criteria of suitability customer capacity, revenue, customer and field conditions regarding the use of the car.

Both the normal dp (25% -30%)

Advantages

            The credit process is easier and seem not too long, because financial institutions find customers who apply for credit with normal dp classified as people who are able and belong to someone who had calculated in detail about the ability to repay in the future to completion without any deformity.

    Flowers are offered for normal dp, including very light, say for example, for 3-year interest rate is only 5.18% per year.

    Long loan process should also be considered, since different light dp which requires a fairly long time, that's probably just a normal dp 3-7 days.

http://infokredittoyota.com/kelebihan-dan-kekurangan-dp-ringan-dalam-proses-kredit-mobil/