When choosing the installment period, you should consider your own repayment ability and loan interest rate. Specifically, for a loan, choosing a longer installment period (such as 48 installments) can reduce the repayment amount per period, but the total interest may be higher; while choosing a shorter installment period (such as 36 installments) Instead, the amount that needs to be repaid each period will be more, but the total interest may be lower.

Take the basic model 3 with a battery life of RMB 235,900 as an example, assuming that the loan interest rate is 7.42%, the down payment ratio is 50%, and the installment period is 36 and 48 installments:

< p>- Choose 36 installments, the monthly repayment amount is 6916 yuan, and the total interest is 24,990 yuan.

- Choose 48 installments, the monthly repayment amount is 4324 yuan, and the total interest is 32,017 yuan.

It can be seen that under the same loan interest rate and down payment ratio, for the Model 3 basic endurance version, it is more cost-effective to choose 36 installments than 48 installments, because it needs to be repaid every month. The amount is smaller and the total interest is lower.

However, specific choices should be weighed based on individual circumstances. If your monthly repayments are too high, it may affect your life and you may also pay more interest. Therefore, when choosing the installment period, you should comprehensively consider your repayment ability and financial situation.