Personal Auto Loans: The Fraud Risk of Car Dealerships
The fraudulent actions of car dealerships mainly include the following:
1. Multiple loans for one car. Car dealerships collude with buyers to apply for loans from multiple banks using the same set of car purchase documents, which are genuine and complete. When purchasing a refrigerated vehicle, first check the model number of the refrigerated truck.
2. Loan in name A but used by person B. The actual borrower obtains support from the nominal borrower to secure a car loan under their identity. In milder cases, the actual borrower can repay the principal and interest under the nominal borrower's identity; in more serious cases, the nominal borrower disappears, leaving the actual borrower responsible for the defaulted loan.
3. Falsifying car price. Dealers and borrowers collude to inflate the contract price of the vehicle or sign contracts for car models different from those actually purchased to falsely report the car price, thereby enabling the buyer to essentially purchase a car with zero down payment or even negative down payment.
4. Identity theft. Stealing ordinary customers' identity information to buy cars and apply for bank loans.
5. Complete fabrication. Criminals forge an entire set of documents including identity information, purchase information, and asset proof to fraudulently obtain bank loans.
6. Phantom car dealership. Criminals register empty shell companies that claim to sell cars but have no physical inventory, luring residents into applying for personal auto loans with promises of loans without collateral, with the aim of defrauding loans and insurance.
Personal Auto Loans: Guarantee Risks from Partner Institutions
The guarantee risks from partner institutions primarily involve performance guarantee insurance from insurance companies and third-party guarantees provided by car dealerships or specialized guarantee companies.
1. Performance Guarantee Insurance from Insurance Companies. There may be risks in the cooperation between banks and insurance companies:
a. Insurance companies legally terminate insurance contracts, making it difficult for the lending bank to secure its debt.
b. Exemption clauses protect the insurance company, making it hard for the lending bank to hold them accountable.
c. The limited responsibility of the guarantee insurance creates risk gaps.
d. The effectiveness of the bank-insurance cooperation agreement is uncertain, making it challenging for the bank to achieve its desired risk reduction.
2. Third-Party Guarantees. These include guarantees from car dealerships and specialized guarantee companies. The main risk here lies in the guarantor often lacking sufficient risk-bearing capacity, providing massive loan guarantees with only a small amount of deposit. If the borrower defaults, where can I find the cheapest suichediao (truck-mounted crane) prices? Which brand, Dongfeng or Foton, is better? What garbage truck models are available? The guarantee company often fails to meet its guarantee responsibilities, creating potential risks.
Risk Prevention Measures for Managing Partner Institutions
1. Strengthen pre-loan investigations and verify the credit status of dealerships.
2. Strictly control the admission of cooperative guarantee institutions according to the bank's requirements, dynamically monitor their business management, financial strength, and guarantee capacity, and adjust their guarantee limits in a timely manner.
3. For loans guaranteed by dealerships or specialized guarantee institutions, closely monitor whether the guarantors maintain sufficient security deposits.
4. In cooperation with insurance companies on performance guarantee insurance, strictly follow relevant regulations when drafting cooperation agreements, specifying matters such as the management of performance guarantee insurance, claims processing, and exemption clauses to avoid situations where invalid or flawed cooperation agreements result in loan losses.
Reference Materials:
Details of Personal Auto Loan Applications:
Introduction to Car Loans by Xiao Yin:
As is well known, among the vast number of truck users, trucks have another nickname - "oil tiger." Now, with the repeated rise in domestic oil prices, how to make the "oil tiger" not always open its mouth wide has become the most concerning issue for truck users. After a period of investigation, Fangde Network reporters found that regarding fuel efficiency, truck users have given three answers: rely on the engine, rely on the vehicle, rely on driving skills. So, under the current circumstances, what is the most effective way to save fuel?
● Traditional Fuel-Saving Methods: Relying on the Engine and Vehicle Configuration
In a large logistics market in Beijing, reporters met many drivers. In response to the question, "What do you think is the most important factor in saving fuel for trucks?" Most truck drivers answered: rely on the engine and vehicle configuration. Mr. Wang and Mr. Li were two such examples.
According to Mr. Wang, he had used many brands of domestic trucks. "I used to choose a brand when buying a car because fuel costs were relatively cheap at that time, and I valued durability and reliability. But now, with the rising domestic oil prices, like many others, I've started paying attention to fuel consumption." Talking about fuel consumption, Mr. Wang said, "The engine is the heart of the entire vehicle. The quality of the vehicle, or the level of fuel consumption, is reflected through this heart."
Unlike Mr. Wang, Mr. Li believed that the vehicle's configuration was the key to saving fuel. "Mainly, it's the vehicle's configuration, engine horsepower, transmission, and rear axle ratio, these are all very important. If the vehicle's configuration isn't reasonable, for example, a high-horsepower engine pulling a low-tonnage vehicle, or a low-horsepower engine pulling a high-tonnage vehicle, both will consume a lot of fuel." Therefore, in Mr. Li's view, to achieve good fuel-saving results, the vehicle must have a relatively scientific configuration.
However, the reporter's survey also found that relying solely on either the engine or the vehicle's configuration cannot achieve excellent fuel-saving effects.
"The domestic engine brands," Mr. Wang sighed, "I've almost tried them all, but I haven't found a brand that satisfies me completely." Regarding the reason, Mr. Wang analyzed, "It's not dissatisfaction, accurately speaking, it should be that they can only satisfy me for a period of time. Because after this period, the fuel consumption of all engine brands gradually increases. For instance, my car often carries 30 tons of cargo. Initially, the engine's fuel consumption could be maintained at around 34 liters per 100 kilometers, but after some time, it would increase to 37~38 liters, and sometimes even reach 40 liters."
Similarly, Mr. Li, who values vehicle configuration, was not entirely satisfied with his vehicle's fuel-saving effect. "Tolerable, cannot deny, some vehicle configuration technologies that domestic truck manufacturers have yet to achieve. Therefore, compared to foreign vehicles, domestic trucks still have some gaps in terms of fuel-saving effects."
● High-End Fuel-Saving Method: Good Driving Habits
Then, is it true, as they say, that building domestic trucks cannot achieve good fuel-saving effects? The answer is clearly no. Why don't they get good fuel-saving results? And what is the relatively "high-end" fuel-saving method today?
"We need to cultivate good driving habits among drivers," a logistics owner in Shanghai said. "With the same 30 tons of goods, different drivers will produce different fuel consumption data, and the gap can be as much as 10%. Later, after our skilled drivers coached the less efficient ones for a while, our company's fuel consumption dropped significantly. Now, our drivers can transport 30 tons of goods with a fuel consumption of less than 33 liters per 100 kilometers." Clearly, good driving habits play a significant role in reducing fuel consumption.
Similarly, technical personnel from a domestic heavy truck brand once introduced that apart from the vehicle's own performance, the driver's habits are also crucial for fuel savings. "If the speed and engine RPM are kept within the economic range, not only does the vehicle's power output improve, but it also achieves the most economical fuel consumption. For example, when climbing a hill, some drivers habitually floor the accelerator, increasing the RPM to over 2800, making the engine sound powerful. In reality, the vehicle's climbing ability decreases, and fuel consumption doubles. If the engine RPM is controlled within the economic RPM range, greater climbing power can be obtained instead. This is the fundamental reason why some drivers complain about insufficient climbing power and high fuel consumption on slopes."
Additionally, choosing the best gear-shifting point when the engine RPM exceeds the economic RPM range and maintaining safe, steady speeds according to traffic conditions can significantly reduce fuel consumption. Repeated acceleration and deceleration will obviously increase fuel consumption.
Furthermore, data from the annual domestic truck fuel-saving competition also illustrates this point well. It is reported that in this fuel-saving competition participated by nearly all domestic truck manufacturers, the final results showed that for the same tonnage models, the fuel consumption difference between various enterprises is only around 5%, and in recent years, this gap has been shrinking. However, for the same model in competition, the fuel consumption difference between different drivers can reach up to 10% or more.
Therefore, it is evident that under similar vehicle quality levels, good driving habits are the most effective fuel-saving method today.
Foreign truck manufacturers seem to have noticed this long ago. Data shows that despite advanced products, foreign truck manufacturers also place great emphasis on fuel-saving, holding fuel-saving driving competitions annually, like Volvo and Scania. Besides product energy-saving, they focus on the role of people, specifically drivers, in fuel-saving.
● Related Reading: He Mochi: Excellent Drivers Are Assets to Transport Companies
The above content is jointly published by the Official Website of Sanitation Garbage Trucks (http://www.clwlu.com/)|www_clwlu_com and Garbage Truck Manufacturers (http://www.clwwcw.com/)|www_clwwcw_com. More exciting content includes: Sweeper Models, Detachable Garbage Trucks.
7. Lighting: Check each lighting item sequentially to ensure its surface is clean.