The annual interest rate of loans within 1 year is 4.35%; /kloc-The annual interest rate of loans from 0 to 5 years is 4.75%; The annual interest rate of loans for more than 5 years is 4.9%.

The down payment ratio of buying a new car and a used car is different. According to the Measures for the Administration of Automobile Loans, the loan amount for self-use automobiles shall not exceed 80% of the price of automobiles purchased by borrowers, and the loan amount for second-hand automobiles shall not exceed 70% of the price of automobiles purchased by borrowers. In other words, the minimum down payment for new cars is 20% of the car price, and the minimum down payment for used cars is 30% of the car price.

Second-hand car loan process: after the user and the dealer reach a car purchase agreement, they can apply for a loan in the bank. To apply for a second-hand car loan, you need to bring your household registration book, ID card, proof of professional income, personal loan application, car purchase agreement and proof of basic family situation. After the application, the bank will review the loan information submitted, and after the approval, it will sign the Second-hand Automobile Consumption Loan Contract with the borrower. The loan term is different, generally from one year to five years, and users can choose according to their own needs. After the bank loan application is approved, the dealer will submit the corresponding car purchase information to the bank after completing the relevant procedures in the bank. After the bank lends money to the dealer, the dealer goes through the formalities of licensing and vehicle insurance according to the process and delivers the vehicle to the car buyer.

2. Does anyone know what the loan interest rate is for buying used cars?

You can get a loan, depending on who you ask for a loan. There are bank loans, p2p and third-party credit, and the interest rates are different. Some used car dealers will also offer 0 down payment and 0 interest rate. Of course, this activity is only limited to vehicles below 654.38+0.5 million yuan.

By the way, what's the down payment interest on your second-hand car? Zhejiang 4.5%?

The second-hand car installment is the same as the new car installment, and the interest of different financial companies may be different. The general down payment ranges from 20% to 30% to 50%.

4. What is the interest rate of second-hand car loan?

The annual interest rate of loans within 1 year is 4.35%; /kloc-The annual interest rate of loans from 0 to 5 years is 4.75%; The annual interest rate of loans for more than 5 years is 4.9%.

The down payment ratio of buying a new car is different from that of buying a used car. According to the Measures for the Administration of Automobile Loans, the amount of automobile loans shall not exceed 80% of the price of automobiles purchased by borrowers.

Used car loan process:

After the user and the dealer reach a car purchase agreement, they can go to the bank to apply for a loan. To apply for a second-hand car loan, you need to bring your household registration book, ID card, proof of professional income, personal loan application, car purchase agreement and proof of basic family situation. After the application, the bank will review the loan information submitted, and after the approval, it will sign the Second-hand Automobile Consumption Loan Contract with the borrower.