The minimum down payment for car loans is 30%, so the down payment is 36,000, which means there are still 84,000 loans. The loan is 84,000 yuan, the loan term is 2 years, and the loan interest rate is 8%. By default, the repayment method is equal principal and interest, so the monthly repayment is 3,799.09 yuan, and the total interest to be repaid in 2 years is 7 178.22 yuan. At present, auto loans are mainly bank loans and auto consumption finance company loans, and there is not much difference in loan interest rates between them.

Some 4S stores will provide interest-free loans, but 4S stores need to charge some financial fees, which is actually interest in disguise. We need to be clear about this.

Matters needing attention in buying a car with a loan:

1, interest-free loan

Interest-free loans are a gimmick to attract consumers. They are not really interest-free, but they will charge extra.

2. Bundle consumption

Usually, there will be compulsory consumption when handling car loans in 4s, such as in-store insurance, licensing and decoration packages.

3, the loan contract "word game"

Check the loan contract carefully, and if there are unreasonable and unfair terms, insist on correcting them.