3 years or 5 years are acceptable.

The car loan period is generally 1-3 years, with a maximum of 5 years. A car loan refers to a loan issued by a lender to a borrower who applies to purchase a car.

The actual interest rate of a car loan is determined by the bank based on the actual situation of the customer and with reference to the loan benchmark interest rate stipulated by the central bank. There are three main types of car loans: direct customer, indirect customer, and credit card car loans.

The term of automobile consumer loans is generally 1-3 years, with a maximum of no more than 5 years. Among them, the loan period (including extension) of second-hand car loans shall not exceed 3 years, and the loan period of dealer car loans shall not exceed 1 year.

Auto loans follow the loan benchmark interest rate, but each financial institution can float within a certain range above and below the benchmark interest rate. The car loan period of major banks generally does not exceed 5 years. The interest rate of car loans directly determines the cost of people's loans, and thus becomes an important factor in deciding whether people take loans for consumption.