When buying a dream vehicle, prospective customers will certainly faced with two choices of payment methods, namely cash or credit. However, for most consumers who have a mediocre funds, but in desperate need of a car or motorcycle, definitely choose to buy on credit.
Indeed, when buying a car on credit, need not require substantial funds, and only have to pay a down payment of alias advance to bring home favorite car or motorcycle garage to the house.
When buying a car or a motorcycle, a lot of interesting facts that can be found, one of which must be confused chose dp’s low or installments. Here, it is interesting when choosing a car or motorcycle membeeli summarized Liputan6.com:
Choose low or Installment DP’s
As already discussed, certainly problems for consumers who want to buy a car or motorcycle on credit, confused between DP select low or cheap mortgage.
Do not be confused, as described Nurfitriavi, Associate Planner Rules of the Fund, to choose between lower DP or cheap mortgage, should return clay financial condition of each. Thus, for each person must have different purposes.
“Then again there are considerable savings, and already collected can select a great DP. By doing so, the mortgage can be lighter and not too heavy expenditure per month,” said the woman who was familiarly called Fitri when contacted Liputan6.com, some time ago.
However, for those who do not have enough savings, can select a cheap mortgage. By doing so, have a car or motorcycle dreams do not have to wait long. However, when choosing a DP’s, try to select a large installment tenor of the moment, that is not too big to pay interest.
“The point is just one, the amount of credit debt, whether a car, motorcycle, or other installment no more than 30 percent of total revenue,” he concluded.
Note Car Needs
Before deciding to buy a car on credit, Financial Planner, Mohamad Andoko, advises consumers to pay attention to some things.
First, consumers should consider the needs of the car with the allocation of funds. Then, calculation is able to pay the installments regularly offered and notice the flowers as well.
“Often people do not know the interest rate offered. Most of it (for a car loan) interest flats. He must pay interest on the total initial loan,” he said.
Based on the search, the interest offered by banks or finance companies vary. Well, Liputan6.com trying to calculate how much to pay when customers buy Daihatsu Sigra X-type 1.2 A / T is priced at USD 137.650 million with a 30 percent down payment.
They found a variety of flowers range from 4.98 to 8.15 percent. With a down payment of 30 per cent (USD 41.295 million) and a 4.98 percent interest, a tenor of 48 months, consumer installment to be paid Rp 2,407,269.
Practical, cost installments over 4 years for Daihatsu Sigra Rp 115 548 912. This number is actually 19 percent bigger than the principal.
Meanwhile, when the tenor of 12 months with a 30 percent down payment installments of Rp 8,349,161. The total mortgage with a tenor of 3.9 per cent greater than the principal.
On that basis, Andoko asking consumers to consider the true interest to be paid. “The longer the tenor, the greater the interest that the consumer must pay,” he said. Andoko also suggest to the consumer to compare the amount of interest offered between banks or other financial institutions.
For consumers who buy a car or motorcycle on credit, do not forget to choose the right insurance. The role of insurance is quite important to disentangle anxiety if one day something happens with our vehicles, for example accidents or loss.
Note well, insurance premiums and claims are given for favorite vehicle, and do not be lulled by low premium, but claims offered is not appropriate.
The Rich Also Credit
Who said, consumers who buy a vehicle on credit has a mediocre fund. Apparently, too many rich people who buy a car on credit.
Even luxury cars, as described Agi, staff Mandiri Utama Finance, rich people are also often buy a car worth ‘billions’ rupiah ansur system.
“The difference is they do not take a long time. On average tenor of one year. In this case our program is suitable for them,” says Agi some time ago.