If the car loan interest is charged at one time, then the car loan will be repaid in advance, and the interest already charged will not be returned. Interest on car loans is charged monthly. After paying off the car loan in advance, the loan principal will no longer generate interest, that is to say, with the effect of saving interest, this part of interest lending institutions will not charge again.

Therefore, if the user's car loan interest is charged at one time, then paying off in advance will not save interest, and the user will get more benefits if he repays on time.

When the auto loan is settled in advance, customers should pay attention to the following points:

1. If you can't pay back the money directly, you must first contact the customer service of the handling bank (auto consumption finance company) to make an appointment; Only after the appointment is successful can the prepayment procedure be handled, and the amount to be repaid in advance will be charged into the bound repayment bank card within the agreed time, and then the system will deduct the money.

2. Many banks (auto consumer finance companies) have stipulated the time for prepayment. If prepayment is made before the specified time, it may be necessary to pay a certain penalty. Most regulations require repayment for one year or more (inclusive).

3. After the car loan is settled in advance, the customer can apply for the loan settlement certificate, get back the vehicle registration certificate, and then go to the vehicle management office as soon as possible to understand the mortgage procedures. The sooner the mortgage is released, the sooner the vehicle can belong to the customer (after the vehicle mortgage registration is released, you need to go to the 4S shop to get back the deposit; And go to the auto insurance company to change the first beneficiary of auto insurance from the auto loan handling bank/auto consumption finance company to myself).