1 year car loan interest rate is about 3% 3, 2-year car loan interest rate is about 6% 6, and 3-year car loan interest rate is about 9% 1.

Car loan refers to the loan issued by the lender to the borrower who applies for buying a car. Automobile consumption loan is a new loan method that banks issue RMB-guaranteed loans to car buyers who buy cars at their special dealers. The interest rate of automobile consumption loan refers to the ratio of the loan amount to the principal given by the bank to consumers, that is, borrowers, for purchasing their own cars (non-profit family cars or commercial vehicles with less than 7 seats). The higher the interest rate, the greater the repayment amount of consumers.

Type of automobile loan

Personal loan car purchase business is divided into direct customers, indirect customers and credit card car loans. The direct customer type is generally a bank car loan for customers to meet directly, and the indirect customer type is generally a car loan from an auto finance company to a customer car loan.

The fees charged by banks for direct car loans include deposit, principal and interest, and 3% guarantee fee. The bank's premium customer fees will be discounted, but the preferential policies of each bank are different.

In addition to the above fees, personal auto financing companies also need to bear supervision fees, fleet management fees and warranty renewal deposits.

And credit cards, car loans. Credit card installment car loan only includes the installment payment of bank credit card users, not all conditions can be handled, and there is an audit procedure, which is difficult for credit card users with bad credit records to handle.

The specific steps of buying a car by credit card in installments are roughly as follows:

1. The cardholder (or applicant) calls the bank's credit card center or goes to the local bank to find out whether he can apply for a credit card car loan.

2. The cardholder will fill in the installment order of car purchase at the dealer with his ID card, and the bank background will review it.

3. After the order is approved, the cardholder pays the down payment and goes through the normal car purchase procedures.

How to calculate the interest on car loan?

To calculate the annual interest rate of car loan, you can use this formula: car loan annual interest rate = car loan principal × car loan annual interest rate.

It is generally known that the annual interest rate of car loan can be calculated by knowing the principal and annual interest rate of car loan, both of which are stated in the car loan contract. For example, if the principal of car loan is 65,438+10,000 yuan and the annual interest rate is 8%, the annual interest rate is equal to the principal of car loan × the annual interest rate of car loan = 65,438+10,000 yuan× 8% = 8,000 yuan.

Extended information:

Car loan refers to the loan issued by the lender to the borrower who applies for buying a car. Automobile consumption loan is a new loan method that banks provide RMB-guaranteed loans to car buyers who buy cars at their special dealers.

The borrower must be a permanent resident of the place where the loan bank is located and have full capacity for civil conduct.

Matters needing attention in auto loan are as follows:

1. After enjoying the "zero-interest-free loan" from the merchant, can I still enjoy the preferential price of the car?

2. The car loan fee in the market a few days ago was in the range of 4%~7.5%. Whether the interest is exempted increases the handling fee.

3. The car purchase interest rate is charged according to the bank's benchmark interest rate. Whether the handling fee is waived or not, the interest is floating on the basis of the bank's benchmark interest rate.

When you get a car loan, the most important thing is to shop around. Consumers should choose a regular car loan service company with certain qualifications and strength, which not only regulates services and charges, but also leaves no hidden dangers.

Factors that generate interest:

1. delayed consumption. Lenders lend money, which is equivalent to delaying the consumption of consumer goods. According to the principle of time preference, consumers will prefer present goods to future goods, so there will be positive interest rates in the free market.

2. Expected inflation. Inflation will occur in most economies, representing a certain amount of money. You will buy less goods in the future than you do now. So the borrower needs to compensate the lender for the losses during this period.

3. Lenders can choose to invest their funds in other investments instead of alternative investments. Because of the opportunity cost, the lender lends money, which is equivalent to giving up the possible return of other investments. Borrowers need to compete with other investments for this fund.

4. Investment risk: The borrower faces the risk of bankruptcy, absconding or non-repayment of debts at any time, and the lender needs to charge extra fees to ensure that he can still get compensation under these circumstances.

5. Liquidity preference, people prefer that their funds or resources can be traded immediately at any time, rather than spending time or money to get them back. Interest rate is also a kind of compensation for this.

How much is the general interest on car loans?

How can you not know the car loan interest rate if you want to apply for a car loan? There are generally two modes of auto loan: direct loan: the borrower directly applies for auto loan from the bank and then buys a car at the auto dealer; Intermittent loan: the borrower buys a car at the garage before applying for a loan.

No matter what kind of loan, we hope that the lower the loan interest rate, the better. If you don't need interest rate, it's best. Sure, just thinking about the idea. After all, commercial banks and other lending institutions are profitable.

However, the interest rate of bank loans is generally the lowest among all loan channels, which is one of the reasons why many people will give priority to banks when they need loans.

What is the interest rate of 20 18 car loan? Let's have a look.

Although many commercial banks say that their loan interest rates are based on the benchmark loan interest rate issued by the central bank, in fact, many banks will adjust the benchmark loan interest rate according to their own banking policies and conditions, and different banks have different regulations on car loan interest rates.

Central bank loan benchmark interest rate

Taking CCB and China Merchants Bank as examples, it is understood that the one-year car loan interest rate of CCB is 5.3 1%, and the interest rate for 3-5 years (including 5 years) is 5.4%; The one-year loan interest rate of China Merchants Bank is 5. 1%, and the interest rate for 3-5 years (including 5 years) is 5.5%.

Extended data:

The qualifications of different regions and borrowers will affect the loan interest rate. The above data are for reference only. Please consult the relevant bank for details.

For example, the loan interest rate stipulated in China Bank's personal automobile consumption loan: the general customer loan interest rate is subject to the benchmark interest rate, and the high-quality customer loan interest rate can be appropriately lowered on the basis of the benchmark interest rate with the approval of the provincial branch, with the downward fluctuation rate not exceeding 10%.

In addition to bank car loans, many people will also choose credit cards to buy cars in installments. Although there is no interest on credit card installment, there will be a handling fee. The handling fee is related to the number of installments.

There are 12, 24 and 36 car purchases by installments, and the installment fee rates are 0-3%, 4-7% and 10- 12% respectively. The longer the staging time, the more expenses will be generated.

Baidu baike