The latest situation of interest rates in the car loan market in 2023 is that they generally float in the range of 4 to 10. This range is based on the standard interest rate set by the Central Bank of China. Specifically, if the loan period is six months or less, including six months, the interest rate is fixed at 4.35; if the loan period is between six months and one year, including one year, the interest rate is also 4.35. For loans of one to three years, the interest rate increases to 4.75, and the interest rate of loans from three to five years remains at 4.75. For long-term loans of more than five years, the base interest rate is 4.9. It is worth noting that the car loan interest rates of different banks may vary, so the actual application may be different. If you want to get better discounts on loan interest rates, you can consider optimizing your loan plan through Guojin Technology to help reduce interest rate costs.