1. What is the general interest rate for a 3-year car loan?

The general 3-year car loan interest rate is 4.375-4.875. The specific interest rate is subject to the actual policy of the bank.

2. How much is the interest on a car loan for three years?

What is your loan limit? What is the interest rate? Is the monthly payment fixed or increasing or decreasing?

It depends on whether you are getting a car loan from a bank or a car manufacturer finance company?

Banks have lower interest rates. The annual interest rate is about 4.5-6. For a 23W loan with equal principal and interest for a down payment of 30, the three-year interest is about 1W7.

However, banks generally have higher approval requirements and are slow, so the approval rate is not high. Moreover, many banks will not provide car loans directly, but through guarantee companies. In this case, the handling fees will be very high.

The interest rates of manufacturer financial companies are relatively high at around 9-14. 23W down payment of 30 equal principal and interest, 3 years of interest, at least 3W.

The advantages of manufacturer finance are fast approval speed, high approval rate, and good post-loan service.

Three. What is the general interest rate for a 3-year car loan?

The general car loan with a 3-year term is 4.875. The specific interest rate is subject to the actual policy of the bank.

4. Is the interest rate of 3% for buying a car high?

In the current loan market, an interest rate of 3% means that the monthly interest rate of the loan is 0.33.

Annual interest rate = monthly interest rate for 12 months = 0.3312 = 3.96.

The annual interest rate of the loan is within the normal and reasonable range.

For example, borrow 50,000 yuan to buy a car.

Monthly interest payable = loan amount monthly interest rate = 500000.33 = 165 yuan.

The annual interest payable = the loan amount and the annual interest rate = 500003.96 = 1980 yuan.