No more than five years.

According to the different repayment methods of loans, the loan period of car loans is also different. Under normal circumstances, the loan period is 3 years, and the longest is no more than 5 years.

Car loans, like all loans, will generate interest. The longer the loan time, the more corresponding interest will be generated, even though the loan period provided by the bank does not exceed 5 years. However, many customers choose 24 or 36 issues at most after weighing the pros and cons.

Car loans can generally be borrowed for several years.

Generally, car loans can be granted in three years, and the longest loan period cannot exceed five years. Lenders can consult relevant lending institutions before buying a car to see the specific loan policies and loan interest rates. And comprehensively compare and choose the loan method that best meets your needs.

You don't have to apply for a car loan at the bank. Many car manufacturers have also launched their own financial loans. Lenders can also compare their own advantages and disadvantages with bank loans to see where to apply for loans is more suitable for them.

Under normal circumstances, car loans support early repayment, and some lending institutions will not charge fees for early repayment. Therefore, if the lender considers that he will repay the loan in advance in the future, he can't just look at the loan interest rate when lending. Whether to charge a handling fee for early repayment is also a consideration.

After paying off the car loan, it does not mean that the lender's business is finished. You must remember to get back the motor vehicle registration certificate in time, and then take the certificate and related materials to the vehicle management office for vehicle release. Only after the release can you say that the vehicle belongs to you.

How many years can I buy a car with a loan?

How many years can I buy a car with a loan? Generally, you can buy a car by installments, up to four years, that is, you can repay it in 48 installments or 12, 24, 36 installments. Buying a car by stages is a way that many consumers will choose. Buying a car by stages only requires a down payment and some other expenses to drive the car home, and the rest of the money can be paid back slowly. When there is no plan to buy a car by stages, consumers need to save enough money to buy a car. When buying a car by stages, consumers only need to pay a part of the money to drive away. This way of buying a car allows consumers to get on the bus in advance, which is also the advantage of buying a car by stages. To buy a car by stages, in addition to paying the down payment, you have to pay the purchase tax and insurance, and the 4s shop will also charge some service fees or gps fees, which should be taken into account. When buying a car by stages, we must find out how to calculate the interest of the financial plan, so that everyone can choose the appropriate financial plan according to their actual situation. When buying a car by stages, you must choose a car with the right price according to your actual situation. If you can't pay the monthly payment within the repayment period, the bank will take back the car. Pay attention to timely repayment during the repayment period, and don't be overdue, otherwise it will leave a bad credit record.

How many years can I borrow a car loan?

The longest car loan can be five years, but it is generally three years or less, and the requirements for applying for a five-year car loan are relatively strict. Only some banks support 5-year loans, such as Bank of Communications, Bank of China, Minsheng Bank and China Construction Bank generally only have 3-year loans, and so does manufacturer finance. In addition, the five-year period is stricter on the nature of the user's car and the requirements of the applicant.

The car loan is divided into five years, and the monthly repayment pressure of users is small, but the total interest cost is high. If the loan is for two or three years, the interest will be lower. Moreover, if the user applies to the manufacturer's finance, he may get an interest-free installment discount, so the total cost is relatively small.

When applying for a car loan, the information is relatively simple. You need to provide the user's ID card, credit report and income. If there is no obvious risk point, it is easier to pass. If the qualifications and credit are poor, you can find * * * to apply together with the repayment person or guarantor or guarantee company.

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How many years can I borrow a car loan?

Generally speaking, the term of auto loan can be divided into 6 periods, 12 periods, 24 periods, 36 periods, 48 periods and 60 periods, of which the longest term will not exceed 60 periods, that is, 5 years. Therefore, judging from the current market situation, car loans can be loaned for up to five years.

However, the longer the loan time, the more interest consumers need to pay. Therefore, even if banks and financial institutions can provide five-year loan services, many people still choose the most conservative three-year and 36-year loan businesses under Yu 'ebao.

What are the requirements for car loan for 5 years?

1. The loan applicant must be at least 18 years old and have full capacity for civil conduct.

2. You must be able to pay the car down payment and get a car purchase contract.

3. Have a good credit record and no other overdue information on car loans.

4. Have a stable source of income and be able to repay on time.

5. Have legal identification, and in some places, mortgage items or real estate licenses are needed.

6. Other requirements of local policies can be met.

Steps of applying for automobile loan

1. Apply to the bank, fill in the corresponding application form and submit the application materials, including ID card, income certificate, real estate license, household registration book and other related loan contracts.

2. After approval, a loan contract and a guarantee contract can be signed. If you want to be more secure, you can handle the relevant notarization and do a good job in mortgage registration.

3. After the bank or financial institution confirms it again, it will transfer the money to the account agreed by the individual.

Then you need to repay the money within the time stipulated in the contract. Of course, you can also settle the car loan in advance, but you have to charge a certain penalty. If the car loan has not been paid for more than 3 months, it may be entered into the credit information system. Serious cases may be prosecuted and vehicles will be towed away for auction. The proceeds from the auction will be used to pay off debts.

5. After the car loan is settled within the specified time, you need to bring valid documents to the bank or mortgage payment institution to obtain mortgage certificates such as settlement vouchers, and go through the mortgage registration cancellation procedures at the original mortgage registration department.

Examples of car loans

1. Take a car of about 65,438+10,000 yuan as an example, and pay 30% down payment, that is, 30,000 yuan. But in fact, how long the loan lasts mainly depends on the individual's repayment ability. If you spend some money every month, the quality of life will not improve. At this time, the shorter the loan period, the better. After all, the total cost may be 10 thousand yuan more than buying a car in full.

2. Take the interest of 65438+36 installment of car loan as an example. The collection and payment of 65438+30 million yuan is about 7000 yuan, and there are other payment items, such as insurance and extended warranty, purchase tax and licensing fee. If you buy insurance in a 4s store, you need at least 6000 yuan, while the purchase fee needs about 8500 yuan, and the authorization fee needs 350 yuan.

Finally, the car loan interest rate is determined according to the lender's credit information, down payment ratio and preferential activities. Of course, this annual interest rate should also be affected by the loan term, but it will generally fluctuate according to the central bank's benchmark interest rate of 4%-7%.

How many years can I buy a car with a loan?

The term of car loan is generally about 3 years, but it will not exceed 5 years. Users generally need to pay more than 30% down payment before handling car loans. In terms of loan interest rate, according to the regulations of the central bank, the benchmark interest rate for auto loans is also implemented, but major financial institutions can fluctuate within a certain range. Generally speaking, customers with excellent conditions can enjoy the benchmark interest rate or float down about 10%, while ordinary customers need to float up about 10% on the basis of the benchmark interest rate.

Extended data:

The requirements for handling car loans are as follows:

1. Applicant 18 years old or above, and needs to have full capacity for civil conduct. But some places require applicants to be over 23 years old. Please consult the staff for details.

2. Have a stable occupation and the ability to repay the loan principal and interest on schedule.

3. Personal social credit is good, and there should be no trace of frequent credit inquiry in a short time, and other loans or credit cards under his name are not overdue.

4. It is best to have a stable residence where the loan is located.

5. Other conditions stipulated by the Cooperation Organization.

The difference between owner loan and car loan:

Ping an car owner loan is a loan that only needs vehicle registration certificate as collateral, and car loan is a loan that does not take the car or install GPS. Both can be used for personal consumption or business, and the main differences are as follows:

1. Loan amount:

The loan amount of the owner's loan ranges from 300,000 yuan to 500,000 yuan; The car loan amount is between 500,000 and 500,000.

2. Application conditions:

The owner's loan requires the borrower to be between 22 and 60 (inclusive); It is a non-operating vehicle under my name and has been licensed for 3 months; The service life of the vehicle shall not exceed 10 year (subject to the date of first registration), and the mileage shall not exceed10.5 million kilometers; The approved value of the vehicle × the loan ratio shall not be less than 30,000.

Car loans require borrowers to be between 25 and 55 years old (customers who purchase performance insurance can be relaxed to 22 to 60 years old); Have a full car, no mortgage; The vehicle purchase shall not exceed 7 years (subject to the date of first registration), and the mileage shall not exceed1.2000 km; The vehicle evaluation value is above 70,000 (inclusive).

Automobile loans overdue collection:

Different banks or lending institutions may have different regulations, but basically they will stipulate in the loan contract that if the loan is not repaid for more than three months and the overdue nature is bad, it will be forced to auction. At the same time, other assets under the name may also be frozen for disposal.

It can be seen that the car loan is overdue for more than three months. Everyone must remember to pay back the car loan on time after buying a car.

If it is overdue, it may be just a collection at first, but once it is overdue for less than three months, the nature is different, and it is likely to be recognized as malicious overdue by banks or lending institutions. If it is overdue, not only will the car be taken back for auction, but personal credit will definitely be greatly affected. Therefore, even if you can't afford it for a while, you should take the initiative to negotiate instead of turning a blind eye to the collection.