How much does the car loan cost?

Cost 1: down payment = purchase price ×30%.

Expense 2: Auto insurance, including personal accident insurance (the first beneficiary is the bank), burglary insurance, spontaneous combustion insurance, third-party liability insurance and car damage insurance of the loan applicant, and the insurance premium is about 3,200 yuan.

Fee 3: notarization fee for loan contract 100 yuan (charged by notary office) and vehicle mortgage fee 300 yuan (charged by vehicle management department).

Expense 4: Other normal expenses, such as vehicle surcharge, are the same as non-loan car purchase.

Automobile loan processing flow:

1, customer application. Customers apply to the bank, fill in the application form in writing and submit relevant materials at the same time;

2. Sign the contract. After the application materials submitted by the borrower are approved by the bank, the two parties sign a loan contract and a guarantee contract, and go through the relevant notarization and mortgage registration procedures as appropriate;

3. issue loans. After all the formalities are completed, the loan approved by the bank will be directly transferred to the car dealer account by the bank according to the contract;

4. Repay on schedule. The borrower repays the loan principal and interest according to the repayment plan and repayment method agreed in the loan contract;

5. loan settlement.

Second, I plan to borrow money to buy a car. How to calculate the purchase tax and insurance?

1. The car loan fee does not include purchase tax and insurance.

2. Automobile consumption loan is a new loan method that banks issue RMB-guaranteed loans to car buyers who buy cars at special dealers. Loan to buy a car refers to the loan issued by the lender to the borrower who applies for buying a car. In fact, it is to borrow money from financial institutions to buy a car. However, financial institutions require car buyers to pay a certain percentage of down payment and provide proof of repayment ability. They have no bad credit record and must meet the requirements of financial institutions before they can apply for a loan to buy a car.

3. Basic knowledge of loan car purchase: 1) Total down payment = necessary commercial insurance for down payment. 2) purchase tax = purchase price /( 1 17%)× purchase tax rate (10%). 3) Licensing fee: Generally, the one-stop service fee provided by merchants is about 500 yuan, and the personal handling fee is about 373 yuan, including industrial and commercial verification 150 yuan, mobile license 30 yuan, environmental protection license 3 yuan, extension fee 40 yuan, driving license photo 20 yuan and pallet 130 yuan. 4) Vehicle and vessel use tax: unified in different provinces. Take Beijing as an example, there are 9 or less buses in 480 yuan and 9 or more buses in 540 yuan. 5) Compulsory traffic insurance: 6 or less families in 950 yuan, 6 or more families 1 100 Yuan. 6) Total term insurance: The average discount of insurance companies is 77%.

Third, how to collect the loan car purchase fee?

First, the car loan fee

The biggest loan cost for banks in automobile mortgage is loan interest. Different banks and loans with different maturities have different interest rates. The benchmark interest rate for three-year loans is 6. 15%, and the actual loan interest rate is usually higher than the benchmark interest rate, and the benchmark rises by 30% to 40%. Is there any other charge for mortgage loan besides loan interest? This also depends on the specific situation of the loan. For example, some car loans need to be guaranteed. If it is guaranteed by a guarantee company, it is generally necessary to pay a certain deposit, which generally costs several thousand yuan. If the borrower repays the loan on time, the guarantee company can refund a certain amount of deposit as agreed. If you use real estate as a mortgage loan, there will be real estate assessment fees, mortgage registration fees and other fees.

Second, the installment car purchase fee

If you buy a car by installment with a credit card, there is no loan interest, but there will be an installment fee (except for a few designated models). Different banks have different credit card installment fees, and there are two payment methods for credit card installment fees: one-time payment and installment payment. General 12 total cost is above 10%.

Three. Other handling fees for automobile loans

Whether it is car loan or credit card installment, if it is handled through a car dealer, it may be necessary to pay a certain agency fee to the dealer.

4. How to calculate the interest and handling fee of car loan?

I used to work in 4S, specializing in car loans.

Despise paste

If the car dealership says it will pay a handling fee, 100% is the running fee charged by the car dealership itself, because they will help you run at both ends when you apply for a loan, which requires manpower and material resources.

If the bank says there is a handling fee, then the handling fee is interest. After the bank collects the handling fee, it doesn't charge interest. Many so-called zero interest rates are the same, and the handling fee has been collected.

The interest charged by the bank has an interest rate. You can get interest by multiplying the loan amount by the interest rate.