Don't borrow money to buy a car. What's the interest on the three-year car loan of 654.38+ 10,000 yuan?
Never borrow money to buy a car.
Nowadays, car prices are becoming more and more popular. Many people can afford to buy a car after working for several years. Young people usually apply for auto loans, which can be selected from auto financing companies or banks.
Auto financing companies have a high pass rate and fast loans, but the interest will be much higher; The bank's auto loan review is very slow, and the interest generated is stipulated by the central bank.
Why do some people say that you should never borrow money to buy a car? I summed up the following reasons:
1, with high loan interest.
At present, the longest term of car loan is five years, and most people will choose to borrow for two or three years. If you buy a car with a loan of 6,543.8+10,000 yuan, the down payment is 30%, which will be repaid in three years. You need to repay about 2,090 yuan every month, and the total interest is 5,244.6438+03 yuan.
2. Purchase tax and insurance
The car purchase tax of 654.38+ 10,000 yuan needs to pay about 654.38+5,000 yuan together with insurance, and insurance needs to be paid every year.
3. The car maintenance cost is very high.
Cars are consumables, and you need to pay parking fees, gasoline fees, etc. Every month, this is not a small expense.
The car loan needs to be repaid every month.
If the overdue period will affect personal credit information, you need to pay extra penalty interest, late fees, liquidated damages, etc.
Generally speaking, buying a car is very convenient, and there is no need to regret it. If economic conditions permit, it is a good choice to borrow money to buy a car, and you can also accumulate your own credit record by repaying the loan on time.
How much is the interest of 65438+ 10,000 car loan for 3 years?
At present, the interest rate of car loan for three years is 4.75%, because the car purchase situation in each region is different, and the bank's car loan interest rate may be different.
If you get a car loan of 6,543,800 yuan, the loan interest rate is 4.75%, and the loan term is 3 years, then you need to repay 2,986 yuan every month, resulting in 7,496 yuan of interest.
In addition to the interest generated by car purchase, the following expenses will be generated:
The purchase tax is about 1 1000 yuan; The licensing fee is around 500 yuan, and the licensing fee is different in each region;
Vehicle and vessel use tax is about 420 yuan, calculated according to vehicle displacement; Payment insurance in 950 yuan, compulsory by the state;
Commercial insurance: the third liability insurance, 1270 yuan, paying 200,000 yuan; Vehicle loss insurance, 1520 yuan; Spontaneous combustion loss insurance, 195 yuan; Excluding the special insurance of 558 yuan;
Car body scratch insurance, 570 yuan. Insurance costs more than 4000 yuan, so you can buy some insurance as appropriate.
100000 automobile mortgage can borrow how much?
The amount of 65,438+ten thousand automobile mortgage can only be given after the financial institution evaluates it. Under normal circumstances, the amount of on-board mortgage loan is about 50-80% of the car price. In other words, a vehicle with 6.5438+10,000 yuan can borrow 50,000-80,000 yuan. However, generally speaking, due to the rapid depreciation of vehicles, the probability of traffic accidents is also greater. Therefore, most banks will not use vehicles as the only collateral, and generally require additional collateral.
How much is the interest of 65438+ 10,000 car loan for 3 years?
How much is the interest of 65438+ 10,000 car loan for 3 years?
Different financial entities will charge different interest, but it is normal that the three-year interest of 65438+ 10,000 car loans is around 8,000.
Judging from the annual loan interest rate published by the People's Bank of China, 1-3 years (including 3 years) is 4.75%. According to the benchmark interest rate, the total interest for three years will be 74,965,438+0.665,438+0 yuan on the premise that the interest rate has not changed. However, if calculated according to the average capital method, the total interest will become 7322.92 yuan. Although these two amounts are for reference only, it can be seen that different repayment methods have different interest amounts.
In addition, not every bank has the same annual loan interest rate or calculation method. Besides banks, there are many financial institutions that can provide loan services, but the lower the threshold, the higher the interest. With a car loan of 654.38+ 10,000 yuan, it is reasonable that the three-year interest is around 8,000 yuan. The interest of around 8000 for three years is reasonable.
How much is the down payment for buying a car around 65438+ 10,000 yuan? How much is the monthly payment
65,438+10,000 naked cars, 30% down payment, 33,000 yuan, and 67,000 yuan later loan. The longest repayment period is five years, usually three years. There are 36 installments in 3 years, each installment is one month, and the monthly repayment is1861.11yuan. Without interest, the annual interest rate is different, and it is calculated year by year according to the interest rate issued by the central bank.
In addition, many banks charge interest in different ways according to the specific interest settlement methods given by the lending banks. Monthly fixed repayment is the installment payment of the total loan amount and the interest payment of the total loan amount.
The introduction of loan to buy a car is as follows:
The down payment purchase tax insurance premium is 30000854753323000130 = 47009 yuan, so the down payment for a car with a price of100000 is 30%, the mortgage price is 47009 yuan, the loan is 70,000 yuan, and the monthly payment is 2 106 yuan.
Of course, there is another situation of buying a car with a loan, that is, when buying a car in a 4S shop, in addition to the above fees, interest, purchase tax, insurance, licensing and other expenses, it is likely to generate some additional expenses. Theft insurance and self-ignition insurance needed to buy a car with a loan.
How much is the down payment for buying a car around 65438+ 10,000 yuan, and how much is it every month?
65438+100000 bare car, 30% down payment, 33000, and then 67000 loan.
65438+100000 bare car, 30% down payment of 33000, and then loan of 67000, with the longest repayment period of 5 years, usually 3 years. There are 36 installments in 3 years, each installment is one month, and the monthly repayment is1861.11yuan. (excluding interest, the annual interest rate is different, and the interest rate issued by the central bank is calculated on an annual basis.
In addition, many banks charge interest in different ways according to the specific interest settlement methods given by the lending banks.
Your monthly fixed repayment is the total amount of loans paid in installments and the total amount of interest paid.
If it is a car loan, reserve 20,000 yuan after the down payment. New car insurance, licensing and purchase tax are not included in the loan, and the lender needs to pay for it himself.
Take a car with 654.38 million yuan as an example (three-year loan). The minimum down payment is 30%. 30% car payment: 30,000 vehicle purchase tax: 64 10 vehicle insurance: 5700 license plate: 160 interest: 8400 deposit: 600064 105700 10. The deposit of 6000 will be refunded after 2 years.
65438+100000 bare car, 30% down payment of 33000, and then loan of 67000, with the longest repayment period of 5 years, usually 3 years. There are 36 installments in 3 years, each installment is one month, and the monthly repayment is1861.11yuan. (excluding interest, the interest rate is different every year, and the interest rate issued by the central bank is calculated year by year).
In addition, many banks charge interest in different ways according to the specific interest settlement methods given by the lending banks. Your monthly fixed repayment is the total amount of loans paid in installments and the total amount of interest paid. If it is a car loan, reserve 20,000 yuan after the down payment. New car insurance, licensing and purchase tax are not included in the loan, and the lender needs to pay for it himself.