A Day In a Japanese Fishing Village

Chapter 469: The magic of installment payments

  Alves really didn't think that he could get a loan to buy a car?

  This installment payment method is still very new.

   After getting to know him, he found that he only needs to pay 30% down payment plus various expenses to buy a car and then he can take the car home. Then he can repay the loan in three years, that is, installments. One installment a month, in 36 installments.

   Each loan repayment only accounts for one-half of his monthly salary, so he does not have much pressure at all!

   In fact, he wanted to marry his girlfriend this year. If he bought a car in full, he would have no money left to get married. Now this installment can give him a new option. He originally planned to buy the car in full, but now he thinks he can try to buy a car with this installment payment method!

   Anyway, the instalment payment will be made and returned to the bank, and it will be enough for three years.

   Even if he is unemployed for some of the three years, but the monthly repayment is not much, he can use the stored money to repay some of the days. He didn't believe it was impossible for him to find a new job.

   "Then give me an installment payment method to buy a car." Alves made this bold decision after thinking for ten minutes.

   "Good Mr. Alves!"

  …

   With the launch of the third-generation crown, sales have been on the rise. The reason why the sales are so good is that the Crown has a very good reputation in the United States in the past two or three years. Therefore, many people are very much looking forward to the launch of the third generation of Crown. And the third generation of Crown did not disappoint consumers, and still launched a lot of new selling points!

  The other is the implementation of installment payment to buy a car. Many people are excited after hearing this policy. After all, there are not many rich people in this world. Most are working class people.

   The working class is actually quite embarrassed with the penny on hand. Things like buying a car are definitely big expenses, so very few people are able to put out that much money all at once.

   After all, the Crown is not a low-end car, it belongs to a mid-range car. Still not cheap in terms of price.

  Especially the customs of the US imperialists are about independent living and self-reliance! Children on the US side are generally financially independent after the age of 18, so buying a car, buying a house, getting married, etc. all have to pay for themselves! Parents rarely choose to help, so it is difficult for many young people in their twenties to buy a beloved car of their own.

   Besides, in the 1950s, the popularity of American imperial automobiles was not yet covered. If it was in the 1960s and 1970s, the car coverage rate was high, and almost every household had a car. Now, only the rich can afford a car.

  Casio is a young man who just came out to work for three years. His father had four sons and two daughters. He is the youngest and financially independent. Anyway, he has been relying on himself since he came out of the society.

   He originally planned to own his first car in four or five years, but he felt that he would be able to own a car of his own in a few days!

  Because a week ago he saw the auto finance system launched by Nanye Automobile Company on a TV commercial. This auto finance system allows him to take out a loan to buy a car, and then make installments to repay the money!

   When he saw this, he was immediately moved. He has a stable job and a stable salary, sometimes even higher. Therefore, it is entirely feasible for him to choose to pay for the car in installments.

   And he also saw that the minimum down payment can give 20%! He can't afford a crown, but there's absolutely no problem buying a flower crown.

   Now Casio has processed the loan application yesterday. He believes that the other party will approve it after three days, and he can pick up the car at that time.

   As for the issue of failing to pass the review, he does not have to worry at all, because the other party said that he only needs proof of work unit, proof of income, and proof of real estate. He has these three, and he has proof of work unit and income. As for the real estate certificate, he can fill in his father's house.

   Sure enough, after three days, Casio got the loan with ease. After the loan was completed, the 4S shop also began to help with various procedures.

   Casio mentioned his first car the next day. To be honest, now Ford Motor, General Motors or other auto companies do not have this auto finance loan business. But Nanye Motors has it.

   He is still more grateful to Nanye Motor Company, he thinks that this car company serves the majority of consumers.

  …

   It has been a month since the third-generation Crown was launched.

   This month's car sales champion turned out to be the crown! Accounted for 35% of the market share and sold 50,000 cars a month! The two main vehicles, GM Chevrolet and Buick, together account for 23% of the market share. As for Ford's only 20% market share, the rest is owned by other car companies.

   When General Motors saw this situation, it was stunned and confused. Although they do not despise the crown, they did not expect the sales of the crown to be so good. They never imagined that the crown would defeat them this time!

   General Motors Headquarters.

   "Impossible, how could this happen!"

   "Why is Nanye Motor's share of 35% leaving us far behind?"

   "Not only did we fail, but even Ford Motor Company lost to Nanye Motor Company..."

   "We were ahead last year, but now we're losing to the other side..."

   Anyway, those high-level dreams of General Motors are dumbfounded.

   Likewise, the current boards of directors of the Ford Motor Company are fuming. After all, the original president promised to keep the distance apart, but now the distance is getting bigger and bigger.

   Their car company is now 50 years old, but is now losing out to a young car company!

   is really a slap in the face, a slap in the face.

"Now you can see how powerful the auto finance system is? Our marketing department has conducted an investigation and found that 45% of Naxi customers who buy Nanye Automobile's cars are purchased through loans! That is to say, there are ordinary customers who originally purchased cars. It is impossible to buy a car, but now people buy cars through auto finance loans. They have so many more customers!"

   "What did you all say at the beginning? They all said that this auto finance is difficult to implement. Why does Nanye Automobile Co., Ltd. do it so well?"

   "You also said that Ford couldn't find a cooperative bank. Can't we provide funds for auto finance without a bank?" One of the directors of the board of directors roared at the other directors.

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