The term of auto loan is generally 1-3 years, and the longest is no more than 5 years. The following is an introduction to auto loans:

1. Loan object: The borrower must be a resident of the permanent residence where the loan bank is located and have full capacity for civil conduct.

2. Loan conditions: the borrower has a stable occupation, the ability to repay the principal and interest of the loan, and good credit; Can provide recognized assets as collateral or pledge, or a third person with sufficient compensatory ability as a guarantor to repay the principal and interest of the loan and bear joint liability.

3. Loan amount: The maximum loan amount generally does not exceed 80% of the price of the purchased car.

4. Loan term: The loan term for general automobile consumption is 1-3 years, with a maximum of 5 years.

5. Loan interest rate: uniformly stipulated by the People's Bank of China.

6. Repayment method: One-time repayment method and installment repayment method (equal principal and interest, equal capital) can be selected.

1. 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.

Second, the loan conditions

1. Have valid identification and full capacity for civil conduct;

2. Can provide a fixed and detailed address certificate;

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

4. Personal social credit is good;

5. Holding a car purchase contract or agreement approved by the lender;

6. Other conditions stipulated by the Cooperation Organization.

Three, according to the provisions of the central bank, the benchmark interest rate of 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.

You can borrow a car loan for a few years at most.

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.

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Car loans can last for a few years at most.

General car loans can be borrowed for three years, up to five years.

Conditions for applying for a loan:

First, People's Republic of China (PRC) citizens, or Hong Kong, Macao and Taiwan residents and foreigners who have lived in People's Republic of China (PRC) continuously for 1 year or more (including 1 year);

Second, it has valid identification, fixed detailed address and full capacity for civil conduct;

Third, personal legal assets with stable legal income or sufficient to repay the principal and interest of loans;

Fourth, personal credit is good;

Fifth, it can pay the down payment stipulated in these measures;

6. Other conditions required by the lender;

Seventh, at least 25-55 years old;

Eighth, have a stable work unit;

Tenth, have worked continuously in the current unit for 6 months.

Extended data:

Precautions:

Consumer loans to buy a car must pay attention to three points:

First, after enjoying the "zero-interest-free loan" of the merchants, can you still enjoy the preferential price of the car?

Secondly, the car loan fee in the market a few days ago was in the range of 4%~7.5%, whether it was interest-free and fee-added;

Third, the general car purchase interest rate is charged according to the bank benchmark interest rate. Regardless of whether the handling fee is unavoidable, the interest is floating on the basis of the bank's benchmark interest rate.

Therefore, the most important thing in car loan is to shop around. Consumers should choose a regular car loan service company with certain qualifications and strength, which will not only standardize services and charges, but also leave you with hidden dangers.