Type of Vehicle Acquisition Programs

A Bank Auto Loan is the most common way to purchase a vehicle. Through this program, a customer makes an initial down payment, and the remaining balance is financed by an accredited bank. The loan is then repaid through fixed monthly amortizations over an agreed loan term.

How It Works

• Choose your preferred Changan vehicle.
• Select your desired down payment.
• Choose your repayment term (36–60 months).
• Submit the required documents.
• Upon loan approval, the bank pays the dealership.
• The customer pays monthly amortizations directly to the bank.

Benefits

✔ Competitive interest rates
✔ Flexible repayment terms
✔ Fixed monthly payments
✔ Multiple accredited banking partners
✔ Easier financial planning
✔ Opportunity to build a positive credit history

Best For

• Salaried Employees
• Professionals
• Business Owners
• First-Time Vehicle Buyers

In-House Financing is a financing solution facilitated directly through the dealership or its financing partners. It generally offers simplified requirements and faster approval for qualified customers.

Benefits
✔ Faster loan processing
✔ Simplified documentation
✔ Flexible qualification guidelines
✔ Personalized financial assistance
✔ Convenient one-stop processing

Best For

• Customers needing immediate approval
• First-time buyers
• Customers with unique financial situations

Balloon Financing is a financing option that allows customers to enjoy lower monthly amortizations throughout the loan period by deferring a portion of the vehicle's value into a final lump-sum payment called the "Balloon Payment."

At the end of the contract, customers may:

• Pay the balloon amount in full
• Refinance the remaining balance
• Trade in the vehicle (subject to dealer evaluation)

Benefits
✔ Lower monthly payments
✔ Better cash flow
✔ Easier vehicle upgrades
✔ Greater purchasing power
✔ Flexible end-of-term options

Best For

• Executives
• Business Owners
• Customers who frequently replace their vehicles

Vehicle Leasing is a long-term rental arrangement that allows individuals or businesses to use a Changan vehicle for a fixed period in exchange for regular monthly lease payments. Unlike traditional financing, ownership of the vehicle remains with the leasing company throughout the lease term.

At the end of the lease, depending on the lease agreement, the customer may:

• Return the vehicle
• Renew the lease
• Upgrade to a newer model
• Purchase the vehicle at its residual value (if a Lease-to-Own option is available)

Types of Vehicle Leasing

Operating Lease
An Operating Lease is designed for customers who prefer to use a vehicle without owning it. The vehicle is returned at the end of the lease term.

Ideal For:

• Companies
• Fleet Management
• Businesses requiring regular vehicle replacement

Finance Lease

A Finance Lease allows customers to use the vehicle while paying lease rentals over a specified period. Depending on the agreement, the customer may purchase the vehicle at the end of the lease by paying its residual value.

Ideal For:

• Companies
• Professionals
• Long-term users

Benefits of Vehicle Leasing
✔ Lower initial cash outlay
✔ Lower monthly payments compared to traditional financing
✔ No large down payment (depending on the lease program)
✔ Easier budgeting through fixed monthly lease rentals
✔ Opportunity to upgrade to newer models
✔ Reduced maintenance concerns under selected lease packages
✔ Ideal for business fleet management
✔ Potential tax advantages for qualified businesses (subject to applicable tax laws and consultation with a tax professional)

Best For

• Corporations
• Government Agencies
• Business Owners
• Fleet Operators
• Professionals

Corporate Fleet Financing is a financing solution specifically designed for businesses purchasing multiple vehicles for operational requirements.

Benefits
✔ Fleet discounts (where applicable)
✔ Dedicated relationship manager
✔ Flexible financing structures
✔ Streamlined approval process
✔ Business-oriented payment solutions

Best For

• Small and Medium Enterprises
• Large Corporations
• Logistics Companies
• Government Institutions