The actual interest rate of auto loans is determined by the handling bank according to the actual situation of customers and with reference to the benchmark interest rate stipulated by the central bank. Generally speaking, customers with excellent conditions can enjoy the benchmark interest rate or decrease by about 65,438+00%, while ordinary customers need to increase the benchmark interest rate by about 65,438+00%.

Under normal circumstances, the down payment for auto loans is above 20%. According to the requirements of the unit applying for loans, the down payment may be increased, generally 30%. If the credit and economic strength do not meet the company's standards, they may be required to increase the down payment. Generally speaking, you can fill in 30% when applying for a loan.

Extended data:

Monthly car loan payment formula: a = p {i (1+i) n/[(1+i) n-1]}

A: Monthly contributions.

P: total donations

Me:? Monthly interest rate (annual interest rate/12)

N: Total months of payment (year × 12)

Baidu encyclopedia-car loan interest rate