Interest bearing.
Loans to buy a car generally have interest. However, some 4s stores will launch a 0-interest loan to buy a car. Although they will not charge interest, they will charge a higher service fee. The handling fee is similar to the loan interest, but it is actually disguised interest.
If it is a bank car loan, the loan interest rate generally fluctuates on the benchmark interest rate of the central bank loan. If it is a car loan from other financial companies, the loan interest rate is generally set according to market conditions, and there is no standard.
The benchmark interest rate for central bank loans is:
1, and the loan interest rate within one year is 4.35%:
2. The loan interest rate for one to five years is 4.75%;
3. The interest rate for loans over five years is 4.90%.
1. Now interest-free or zero down payment activities are generally launched to buy a car. Now, let me tell you some precautions to prevent being pitted. Now the so-called low down payment or zero down payment is mostly a pit. Maybe when you buy this car, you will find that it is settled in the name of the company, but the car and yourself are leased and must be paid off within the specified time. If it is illegal, the car will be recycled, and the money spent before will not be recovered.
2. There are still many merchants who attract friends who want to buy a car through zero down payment, but they can't resist the temptation. After buying it, they know that the merchants will tie in high insurance, force you to take full insurance on the pretext of buying a car with zero down payment, or let you buy some specific products of the insurance company. At this time, the insurance you buy will be more expensive than other people's insurance, and it will also make you buy some insurance that is not practical at all.
3. It should also be noted that you must confirm the time and amount of your repayment. When you buy a car with a loan, you must clearly list the procedures and expenses you need. Compare more and choose the channel that suits you. Don't just look at the so-called 0 down payment, low interest, or 0 down payment, 0 interest. These are routines. Everyone must read the contract carefully.
How much is the installment interest of 4s shop?
4s shop installment interest is generally between 0.5% and 0.9% per month, and the monthly interest is between 5% and 9%. Generally, the interest is calculated according to the number of months in installments, and the total interest of this period is calculated. The installment interest of car loan can be calculated by this formula: installment interest = car loan principal × interest rate × loan term. The application conditions for auto loan are as follows: 1. Car buyers must be at least 18 years old, hold valid identity documents and have full capacity for civil conduct. 2. Personal social credit is good. 3. Can provide fixed and detailed proof of address. 4. Holding a car purchase contract approved by the lending institution. 5. Have a stable job and the ability to repay the principal and interest on schedule. 6. Other conditions stipulated by the Cooperation Organization.
How much is the loan interest of 4s shop? About in this range.
Many friends may like to avoid 4s shops when they borrow money to buy a car. First, they have a qualitative thinking that 4s stores charge more. Second, I feel that there are too many routines in 4s shops, and I am afraid of being cheated. In fact, since the 4s shop provides various conveniences for consumers to buy a car, it is also a good choice to find a 4s shop loan to buy a car as long as the service content and charging price are clear and clear. So, how much is the loan interest of 4s shop?
First, the loan interest of 4s shop depends on the cooperative lender.
4s stores generally have three types of lenders, namely:
1, ordinary bank
The loan interest is calculated according to the loan interest rate given by the bank. Generally, it will rise appropriately according to the loan market quotation, that is, the lpr interest rate of 1 year is 3.7%, and the lpr interest rate of that year is 4.6%.
2. Car loan platform
Cooperation with 4s stores is the main channel to improve performance. The general interest rate will rise by about 2 times with the central bank's loan interest rate, and the annual interest rate is mostly from 10%.
3. Own auto financing company
Compared with cooperative auto financing companies, the loan interest rate will be lower. After all, there are no intermediate links and costs in cooperation, and the interest rate should be determined according to the actual situation.
Second, take the loan of 240,000 yuan from Audi 4s shop as an example to see what the loan interest is.
Audi 1988 cooperated with FAW-Volkswagen to become FAW-Volkswagen Audi. Self-owned auto financing companies include FAW Auto Finance Company and Volkswagen Auto Finance Company, and cooperative lenders such as Ping An Bank have the following loan interests:
1, FAW or Volkswagen Finance Company
If the loan is 12 months,
The minimum annual interest rate is 20095 yuan per month, and the total interest is 1 145 yuan;
The maximum annual interest rate is 20863 yuan per month, and the total interest is 10366 yuan.
2. Ping An Bank
The owner can borrow for up to 12 months, with annual interest rate of 10%, monthly payment of 2 1099 yuan, and total interest of 13 188 yuan.
It can be seen that the annual loan interest of our auto finance company is1145-10366 yuan, while the annual loan interest of Ping An Bank is 13 188 yuan.
The above is about "what is the loan interest of 4s shop in general?" I hope I can help you.
What is the car loan interest rate of 4s shop? How to calculate the car loan interest rate of 20 19 4s shop?
What is the average annual interest rate of car loan?
At present, the annualized loan interest rate corresponding to the one-year total interest rate of 3.5% is about 6.5%, 3.8% is about 7%, and 4%, 4.5% and 5% are 7.4%, 8.3% and 9.3% respectively. At present, the mainstream one-year car loan interest rate is between 3.5% and 5%, and the corresponding annualized loan interest rate is between 6.5% and 9%.
For example, a car loan of 1 0.2 million a year needs to be paid back every month. 4% of the total annual interest rate of 4800 yuan will be paid together with the down payment. In fact, the loan term of 12 is 1 month and 2 months to 12 months respectively, and the average loan term is 6.5 months, so the annualized loan interest rate is estimated to be around 7.4%.
The two-year total interest rate of auto loans is currently 7% and 9.5%. Among them, 7% interest rate corresponds to the annualized loan interest rate of about 6.7%, 8% to the annualized loan interest rate of about 7.7%, and 9.5% to the annualized loan interest rate of 9. 1%. At present, the mainstream of three-year car loan is between 9.5%- 12.5%, of which the lower 9.5% corresponds to the annualized loan interest rate of about 6.2%, 10.5% corresponds to the annualized loan interest rate of about 6.8%, and 12% corresponds to the annualized loan interest rate of about 7.7%./kloc
At present, the benchmark interest rate for bank loans is 6% for one year and 6. 15% for two years and three years. At present, the mainstream car loan interest rate is higher than the benchmark bank loan interest rate in the same period. In this regard, a bank account manager said that the bank's loan resources are becoming more and more tense. Compared with the current loan interest rate of more than 8% for small and medium-sized enterprises, the interest rate of auto loans is still relatively low, and the single loan amount of auto loans is small, which leads to the interest rate of auto loans is usually the benchmark interest rate.
Another point that needs to be carefully calculated is that the loan period of car loans, whether in 4S shops or banks, is recommended to be two or three years, so that the monthly loan amount is moderate, which is conducive to medium-term financial planning. For example, buy a family car with a loan of 6.5438+0.8 million yuan, with a loan of 6.5438+0.2 million yuan. If you pay it off within one year, you need to pay back 6.5438+0 million yuan every month. If it is two years, it needs to pay 5000 yuan per month, if it is three years, it needs to pay 3333 yuan per month. The installment amount of car loan for two or three years is an affordable monthly payment for residents in big cities.
How to calculate the annual interest rate of car loan?
It is understood that to know the interest rate of auto loans, we should not only know the number of years of auto loans, but also know the amount, interest rate and repayment method of auto loans. Because as long as one of them changes, the interest on car loans will be different.
For example, the annual interest rate of car loan is 5.25%, and the installment interest is related to the loan amount: interest = loan amount × annual interest rate x3= loan amount x5.25%x3= loan amount x6.75%.
How much is the interest on the new car loan?
1. Bank car loan: The interest rate of bank car loan is usually between 5%- 12%, and the interest rate of loan for one year is between 3%-6%, which means that the loan is 50,000 yuan, and the interest for one year is about1500-3,000 yuan.
Second, auto financing company loans: Finance company loans usually have some regular interest-free activities, but a certain handling fee will be charged in the auto 4s shop. On the premise of collecting interest, the interest rate is about 8%- 12%. If the loan is 50,000 yuan, the annual interest will be about 4,000-6,000 yuan.
3. Credit card installment: Interest is directly related to installment times, loan amount and installment interest rate, and is generally higher.
Automobile mortgage refers to loans issued by banks to borrowers who apply for car purchases in their own names to pay for the cars they buy. The repayment method is to repay the principal and interest by installments. The term of automobile mortgage is generally not more than 5 years.
Requirements and materials for applying for car loan service for car mortgage:
1. has a stable occupation, and the applicant has the ownership of the local mortgaged vehicle;
2 proof of long-term residence and work, occupation and economic income in this city;
3. Motor vehicle registration certificate, driving license, additional proof of purchase tax (original) and car purchase invoice;
4. Insurance policies, travel taxes and related tax vouchers for imported vehicles;
5. ID card (temporary residence permit or residence permit provided by non-local account customers within the validity period);
6. Other documents required by the cooperation agency.
Different institutions in automobile mortgage have slightly different requirements when applying.
Generally speaking, the general situation is:
Original ID card, residence booklet or other valid proof of residence, and provide a copy;
Proof of occupation and economic income;
The car purchase agreement, contract or letter of intent signed with the dealer;
Other documents required by the Cooperation Organization.
This kind of car mortgage without taking a car needs to meet the following conditions: having a stable job, the applicant has the ownership of the local mortgaged car and is engaged in long-term living and working in this city. You need to show your motor vehicle registration certificate, driving license, purchase additional tax certificate (copy), car purchase invoice, insurance policy, travel tax, tax certificate of imported vehicles, and ID card (temporary residence permit provided by non-local registered customers within the validity period).
Precautions:
1. In most car mortgages, loans can only be obtained if the relevant documents of your car are mortgaged to the lending institution, and the car will be used as usual after GPS is installed. Therefore, before making a mortgage, we must first understand whether the car mortgage has a mortgage, and try to avoid the institutions that want to mortgage the car;
2. automobile mortgage's funds are often used for short-term turnover. If long-term loans are needed, it is not applicable to borrow money with cars as collateral;
3. Because automobile mortgage often produces higher expenses, if you choose a vehicle mortgage loan with a long cycle, you can try to repay it in advance if there is prepayment.
4. When choosing institutions, borrowers should try to choose formal lending institutions. Such as banks and small loan companies in industrial and commercial registration. Only on this basis can we truly protect our legitimate rights and interests, and once it comes into being, the law can solve it.
How to calculate the interest on car loan?
Down payment: 9000030%=27000.
Balance: 90000-27000=63000.
Interest: 630009%3= 17000
Total amount: interest on down payment balance = 270006300017000 =107000.
The whole vehicle landed about 10.7 million (excluding insurance authorization fees, etc.). )
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 borrower must be a permanent resident of the place where the loan bank is located and have full capacity for civil conduct.
Extended data
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. A few days ago, the car loan fee in the market was in the range of 4%~7.5%. Whether the interest was exempted increased the fee.
3. The car purchase interest rate is charged according to the bank's benchmark interest rate. Regardless of whether the handling fee is unavoidable, 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 will not only standardize services and charges, but also leave no hidden dangers.
Factors that arouse interest:
1. Delay consumption. When the lender lends money, it is equivalent to delaying the consumption of consumer goods. According to the principle of time preference, consumers will prefer current goods to future goods, so there will be positive interest rates in the free market.
2. Anticipating inflation, inflation will occur in most economies, representing a certain amount of money, and fewer goods can be purchased in the future than at present. So the borrower needs to compensate the lender for the losses during this period.
3. In addition to alternative investments, lenders can choose to invest their funds in other investments. Due to the opportunity cost, the lender lends money, which is equivalent to giving up the possible return on 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 compensation can still be obtained under these circumstances.
5. Liquidity preference, people will 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.