English-chinese translation: Your first car in Canada

This is a brochure, it contains many pictures, here I only post the words:
Banking
Buying your first car
in Canada

Purchasing a car may be one of the first big expenses you’re likely to have after coming to Canada, as a car can make it easier to get to work and travel from place to place.

You’ll find that it is fairly common to own a new or used car in Canada. However, most Canadian drivers need to borrow funds to purchase their vehicle. To meet the needs of prospective car owners, RBC Royal Bank® offers a full range of convenient, cost-competitive financing solutions. We will help you find one that works for you.

Car financing explained
There are several ways to borrow for a car purchase in Canada. Because it can take a few years to pay off a car loan, there are more cost-effective choices than short-term credit solutions like credit cards.Here is an overview of more-affordable car financing solutions.
> Car loan. Loans are available directly from us. With a car loan, you can borrow up to the full amount of the purchase price and pay it back over a predetermined term, typically one to five years. Loan repayments will be on a regular schedule that you choose, but you can pay back some or all of the amount of the loan at any time. With a variable-rate loan, the interest rate moves with market rate. With a fixed-rate loan, the interest is fixed for the full term.
> Dealer financing. We have authorized certain car dealers to provide financing in their dealerships. This provides you with the convenience of financing with RBC Royal Bank at the location where you buy your car. This financing can be very convenient, as it is arranged at the time and place the purchase is made. If you are not being offered an RBC® Royal Way loan, you’ll want to compare dealer financing costs with those available from us to ensure you’re not paying more than you need to.
> Lease. With a car lease, you don’t own the car. Instead, you pay a monthly fee to a leasing company

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在加拿大购买您的第一部车
Buying your first car in Canada
拥有一部车可以使您外出工作，以及在不同地点之间往来更加方便，所以买车很可能是您到加拿大后其中的第一项高额支出。

您将发现，在加拿大拥有一部新车或旧车相当普遍。尽管如此，多数加拿大驾驶者 仍然需要借钱买车。为满足想拥有汽车人士的需要，RBC 皇家银行提供一整套既方便，价格又具竞争力的贷款方案。我们将助您找到适合您的方案。

买车贷款解读在加拿大为买车借款的方式有几种。由于汽车贷款需要几年才能付清，所以就有 一些较短期信贷（如信用卡）耗费要低的选择。

这里为您概述一些比较容易承担的买车贷款方式。
> 汽车贷款 (Car loan)：我们可以直接为您提供贷款。就汽车贷款来讲，您可以借取买车所需的全部款项，并在约定期限内付清，一般来说，这个期限为 5年。您将根据一个由您选择的时间表还款， 但您可以随时多付、甚至全部付清贷款。 选用浮动利率 (variable-rate) 贷款，利息随市场利率的波动上下浮动。固定利率 (fixed-rate) 贷款，利率在整个贷款期限内则固定不变。
> 代销商贷款 (dealer financing)： 我们授权一些特定的汽车代销商为购买 他们产品的人士提供贷款。这为您提供了方便，让您可以在买车的车行，实时获得

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for the term of the lease, typically one to five years. At the end of the term, you can return the car to the dealer or buy it at a price that’s in your lease agreement. Leasing is usually only available for new cars and it limits the distance that you’re allowed to drive. If you drive more, you’ll be charged a penalty. The lease may also set out other obligations
regarding maintenance and usage.
> Royal Buy-Back® Car Loan. This type of loan provides you with a guaranteed residual/future value for your car at the end of your selected term. While you pay interest on the total loan amount you require, you only make principal payments on the total loan amount, minus the residual value of your car.
This way, your monthly payments are lower than with a traditional car loan. Unlike a lease, there are no early payment penalties, and you actually own the car. At the end of the term you can sell the car and pay off the loan, refinance the remaining balance or return the car.

We’re here to help
When you’re ready to start looking for the car that’s right for you, the first place you should visit is an RBC
branch. We can review your cash flow and credit rating and give you an idea of what you might be pre-approved for
in a car loan.

Getting you on the road
To learn more about how we can help you buy a car or reach other important goals, just drop by any RBC branch or call the branch most convenient for you and make an appointment. You’ll also find helpful information online at www.rbc.com/canada.

Four tips for lowering your car financing costs

1. Make as large a down payment as possible. The less you have to borrow, the lower your interest costs will be.

2. Make use of pre-payment options. Even a small lump-sum payment, or a slight increase to your regular payments, can make a big differ-ence in interest savings over your loan term.
3. Consider a variable-rate loan. The rates on variable-rate loans are slightly lower than on fixed-rate loans. If rates decline, you’ll benefit.

4. Consider a Royal Buy-Back Car Loan. Your monthly costs are gener-ally lower with this residual value loan than with a regular car loan.

Buying your first car in Canada

Important banking terms

Here is an explanation of the terms you’re most likely to encounter when you need financing to purchase a car.
Dealer financing. Car loans or leasing offered directly by the car dealer, either through the car company itself or a third-party financing company.Down payment. The amount of your own money that you use to buy your car — with the rest of the purchaseprice being financed.
Fixed rate. A loan whose interest rate is the same for the term of the loan.Lease. An agreement under which a person pays a monthly amount for the right to use a specific asset, such as a car, for a specified length of time. Residual value. The value of the car at the end of the loan or lease term. Trade-in. A car you own that can be sold to the car dealer when buying a new car. The trade-in reduces theprice of the new car.
Variable rate. A loan whose interest rate moves up or down with changes in market interest rates.

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我们 RBC 皇家银行的贷款。如果车行没有为 您提供 RBC® Royal Way 贷款，您可以将他 们的贷款与我们的贷款耗费作比较，以确保 自己不需要付出过多。
> 租贷 (Lease)：就租车贷款来讲，您并非拥 有一部车，而是在一段确定的时间内，缴交 月费给一家租车公司来使用汽车，租车的期限 一般是 1至 5 年。在期限结束时，您可以把车 还给车行，也可以按照最初租车协议约定的  价格，把车买下来。
租车一般只适用于新车，而且在您可以驾驶 的里程方面有限制。如果您驾驶的里程超过 了限制，您就要支付罚款。租车可能还规定 保养和使用方面的一些责任。
> Royal Buy-Back® Car Loan：这项贷款为您提供在您选择的贷款期限结束时车辆剩 余价值(residual/future value)保证。虽然 阁下仍要按照所需的总贷款额支付利息， 但却只需按贷款总额减除汽车剩余价值后的 

主要理财用语汇编

金额，来计算本金供款。按照这种方式，您每月的还款比传统的汽车贷款要少。与租贷 不同，这种贷款提前还款没有罚款，您还实际拥有那部车。到贷款期限结束时，您可以 买掉那部车，并还清贷款，也可以就剩下的 余额再次贷款，或者还掉那部车。

我们诚意为您效劳，当您准备开始选择一部适合自己的车时，  不妨先到访我们任何一家RBC的分行。我们 将审核您的现金流量及信贷评级情况，并让 您可以有一个概念，知道自己可获预先批准 的汽车贷款有多少。

助您轻松起步，要了解更多我们可以如何帮助您买车或实现其它重要目标的数据，请到访任何一家RBC 分行，或者打电话到对您最方便的一家分行约定面谈时间。您更可以从我们的中文网站 www.rbc.com/chinese/canada 了解更多有用的资料。

在加拿大购买您的第一部车
Buying your first car in Canada

四个能助您降低汽车贷款支出 的贴士
1. 尽可能多支付首期订金。您借的钱 越少，需付的利息支出就越少。
2. 使用提前付款 (pre-payment) 选择。尽管是一次小额总付，或仅仅很小量提高定期付款额，都会对在整个贷款期间节省利息方面，有很大分别。
3. 考虑浮动利率贷款。浮动利率贷款比固定利率贷款的利率要低一些。如果利率下跌，您就会获益。
4. 考虑 Royal Buy-Back Car Loan。这种采用剩余价值的贷款，能令您每月的支出比普通汽车贷款略低。

这里是您要贷款买车时很可能遇到的一些用语的解释：
代销商贷款 (Dealer financing)：由汽车销售商直接提供的买车或租车贷款， 这些贷款有些是由代销商自己提供，有些则是由第三方贷款公司提供。首期订金 (Down payment)：您买车时  从自己储蓄拿出来支付的钱──汽车卖价 的其余部分则由贷款来解决。
固定利率 (Fixed rate)：一种在整个贷款期间利率保持不变的贷款。
租贷 (Lease)：根据协议，一个人在一段  特定时间内支付月费以换取某项特定资产 （例如汽车）的使用权。
剩余价值 (Residual value)：一部汽车在  贷款或租贷期满时的价值。
交易买车 (Trade-in)：在您买新车时，一部您拥有并可以卖给代销商的车。交易买车可以减低您所购新车的价钱。
浮动利率 (Variable rate)：贷款利率随  市场利率的波动而浮动。

3 Banking Buying your first car in Canada

How RBC Royal Bank can help
For more information about how we can help newcomers to These publications also exist in the following languages:
Canada, please visit our Website: www.rbc.com/canada. English Tamil We have created publications specifically for newcomers to French Tagalog
Canada on the following topics. Chinese Farsi
> Bank accounts (traditional & simplified) Korean
> Credit Punjabi Romanian
> Buying a car Hindi Spanish
> Buying a home Urdu Russian
> General insurance Please feel free to ask for the publications of your choice.
> Creditor insurance
> Registered Retirement Savings Accounts
> Registered Education SavingsAccounts
> Investing

This publication provides general information only and is not intended to provide specific advice. Not intended to offer services or solicit customers where prohibited by law.
® Registered trademarks of Royal Bank of Canada. RBC and Royal Bank are registered trademarks of Royal Bank of Canada. © 2008 Royal Bank of Canada. All rights reserved.
28397 (02/2008)
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RBC 皇家银行竭诚为您效劳
如欲获得更多有关我们如何能帮助初到加拿大人士的信息，请浏览我们的网站：www.rbc.com/chinese/canada。我们特别为初到加拿大的人士印制了以下项目的刊物。

> 银行账户
> 信贷
> 购买汽车
> 置业
> 一般保险
> 债权人保险
> 注册退休储蓄账户
> 注册教育储蓄账户
> 投资

在加拿大购买您的第一部车
Buying your first car in Canada
这些刊物均备有以下语言版本：
  英文  泰米尔文
  法文  塔加路族文
  中文 (繁体及简体)  波斯文
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本册子仅提供相关信息，并不涉及具体建议；也无意在法律允许的范围之外，提供建议或招揽客户。
® 加拿大皇家银行之注册商标。RBC 及Royal Bank 乃加拿大皇家银行之注册商标。
© 2008 年加拿大皇家银行，版权所有。
此小册子为 RBC 英文小册子 (28397) 之中文翻译本，如有需要，可索取英文指南。若中、英文版本的内容出现矛盾或含糊之处，则以英文版本为准。此中文译本只供参考。  This brochure is a translation of RBC’s English brochure (28397) which is available upon request. In the event of any conflict or ambiguity between the
Chinese and English texts, the English language text shall govern. This Chinese version is for reference only.
28398 (03/2008)
Simplified Chinese