Generally, 0-interest loans are only for specific models. The specific 0-interest loan models of each brand are as follows:
1. Interest-free brand 1: FAW Mazda. Interest-free model: Yi Rui car.
2. Interest-free brand 2: Dongfeng Honda, interest-free model: Platinum Rui.
3. Interest-free brand 3: Beijing Hyundai, interest-free model: Elantra.
4. Interest-free brand 4: Changan Ford, interest-free models: Carnival Fox, Mondeo Winning, Max S-MAX.
5. Changan Volvo, interest-free model: Volvo S80L.
Although it is tempting to buy a car with a zero-interest loan, it should be noted that buying a car with a zero-interest loan does not mean zero handling fee. The so-called zero interest rate is paid by car manufacturers. On the surface, consumers do get a lot of discounts, but in fact they will charge a handling fee of about 4%, which is equivalent to interest.
Car loan refers to the loan issued by the lender to the borrower who applies for buying a car. Automobile consumption loan is a new loan method that banks issue RMB-guaranteed loans to car buyers who buy cars at their special dealers. The interest rate of automobile consumption loan refers to the ratio of the loan amount to the principal given by the bank to consumers, that is, borrowers, for purchasing their own cars (non-profit family cars or commercial vehicles with less than 7 seats). The higher the interest rate, the greater the repayment amount of consumers.
Loan term:
The term of automobile consumption loan is generally 1-3 years, and the longest is no more than 5 years. Among them, the term of second-hand car loan (including extension) shall not exceed 3 years, and the term of dealer car loan shall not exceed 1 year.
Loan interest rate:
Benchmark interest rate:
According to the regulations of the central bank, the benchmark interest rate is implemented for auto loans, but financial institutions can float within a certain range of the benchmark interest rate. The term of auto loans in major banks is generally less than five years, and the interest rate of auto loans directly determines the cost of people's loans and becomes an important factor in determining whether people lend.
How to calculate the car loan interest rate;
Calculation formula of monthly car loan: a = p (1i) [(1i) n-1]/n 2/i.
A: Monthly contributions.
P: total donations
I: monthly interest rate (annual interest rate/12)
N: Total months of contribution (year × 12)
Loan interest rate:
The actual interest rate of car loan is set 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, customers with excellent conditions can enjoy the benchmark interest rate or float down 10%, while ordinary customers need to float up 10% on the basis of the benchmark interest rate.
What are the three-year zero-interest cars?
Three-year zero-interest cars include Fox, Yi Rui, Elantra, Carnival and Platinum Rui. The following is an introduction to car loan: 1. Identify traps: When choosing car loan products, you need to pay attention to the traps behind these "zero interest" and "zero down payment". It is best to know the details of the car loan fee to avoid regretting the breach of contract and causing unnecessary losses. 2. Choose formal channels: Buying a car by loan is not suitable for everyone. Ordinary consumers choose loans to buy cars. The rest of the money is used for investment or entrepreneurship. If the investment income or entrepreneurial income is far from the car loan interest, it is not suitable for loan to buy a car. Before buying a car, you must choose a formal automobile sales and automobile finance guarantee company to handle automobile mortgage business.
What are the zero-interest car models in 2022?
There are the following kinds of cars to buy at 0 interest:
Bar 1. One of the interest-free brands: FAW Mazda. Interest-free model: Yi Rui sedan.
2. The second interest-free brand: Dongfeng Honda, and the interest-free model: Platinum Rui.
3. The third interest-free brand: Beijing Hyundai, and the interest-free model: Elantra.
4. The fourth interest-free brand: Changan Ford, interest-free models: Carnival Fox, Mondeo Zhisheng, Max S-MAX.
5. Fifth interest-free brand: Changan Volvo, and interest-free model: Volvo S80L.
Can I buy a car for 25 periods at zero interest?
Not all cars have zero interest on buying a car for 25 periods. This kind of interest-free installment car depends on different models to decide the installment time and whether it is interest-free. Now many models have interest-free and installment discount activities. Buying a car in installments is not for all cars, but can be divided into 25 installments with zero interest.
What are the cars with 3 years and 0 interest?
Cars bought at 0 interest for 3 years include FAW Mazda's Yi Rui sedan, Dongfeng Honda's Platinum Rui, Beijing Hyundai Elantra, Changan Ford's Carnival Fox, Mondeo Zhisheng and Max S-Max; Volvo s80 of Changan Volvo.
There are many interested car models. Here are some models: Focus, Yi Rui, Elantra, Carnival, Platinum Rui and so on. Zero-interest loans to buy a car mainly include the following two ways:
1 and 1-3-year interest-free loans: this is also the most common mortgage loan method in the market. Consumers only need to pay the principal part when buying a car, and all the interest generated during the period shall be borne by the dealer. However, only within the interest-free period stipulated by the manufacturer, the repayment is zero interest, and the expenses generated by interest will be paid normally in the remaining months.
2. 13-month interest-free loan method: the longest term of this method is 13 months, and the repayment within the specified period is zero interest, and early repayment is not supported.