Interest bearing.

Loans to buy a car usually have interest. However, some 4s stores will launch a 0-interest loan to buy a car. Although they will not charge interest, they will charge a higher service fee. This fee is similar to loan interest, but it is actually disguised interest.

If it is a bank car loan, the loan interest rate generally fluctuates on the benchmark interest rate of the central bank loan. If it is a car loan from other financial companies, the loan interest rate is generally set according to market conditions, and there is no standard.

The benchmark interest rate for central bank loans is:

1, and the loan interest rate within one year is 4.35%:

2. The loan interest rate within one to five years is 4.75%;

3. The interest rate for loans over five years is 4.90%.

1. Now, interest-free or zero down payment activities are generally launched when buying a car. Now, let me tell you some precautions to prevent being trapped. Now the so-called low down payment or zero down payment are mostly pits. Maybe when you buy this car, you will find that it is settled in the name of a company, but this car is leased to you and must be paid within the specified time. If it violates the regulations, the car will be recycled and the money spent before will not be recovered.

There are still many merchants who attract friends who want to buy a car through zero down payment, but they can't resist the temptation. After buying, they know that the merchant will tie in high insurance, force you to buy full insurance under the pretext of buying a car with zero down payment, or let you buy some specific products of the insurance company. At this time, the insurance you buy will be more expensive than other people's insurance, and it will also make you buy some insurance that is not practical at all.

3. It should also be noted that you must confirm the time and amount of your repayment. When you buy a car with a loan, you must clearly list the required procedures and expenses. Compare more and choose the channel that suits you. Don't just look at the so-called 0 down payment, low interest, or 0 down payment and 0 interest. These are routines. Everyone must read the contract clearly.

What's the interest rate for car loans?

Car loan is not fixed. 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. Under normal circumstances, customers with excellent conditions can enjoy the benchmark interest rate or go down by about 65,438+00%, while ordinary customers need to go up by about 65,438+00% on the basis of the benchmark interest rate.

The longest term of car loan is no more than 3 years. At the same time, car loans are different from mortgages. Because cars are lossy collateral, the loan interest rate is higher than the benchmark loan interest rate. At present, the car loan interest rate is generally around 5%- 10%. Lenders with good credit qualifications will reduce the loan interest rate as appropriate, while for users with overdue risks, lenders will increase the loan interest rate accordingly.

Extended data

The car loan interest rates of all banks are generally as follows:

1: Bank of China: the loan term is 1 year and the loan interest rate is 4%; 2 years, 8%; 3 years, 12%.

2. China Construction Bank: 1-3 years (inclusive) and 5.3 1% years; 3-5 years (including 5 years), 5.4% years.

3. Industrial and Commercial Bank of China: the interest rate of auto loans within 6 months (including 6 months) is 5.60%; From 6 months to 1 year (including 1 year), the interest rate of auto loan is 6.00%; 1-3 years (including 3 years), 6. 15% years; 3-5 years (including 5 years), 6.40% years; More than 5 years, 6.55% years.

The higher the loan principal, the longer the repayment time and the higher the interest. The interest rate of automobile loan is not static, and there are many factors that affect the interest rate of automobile loan. The auto loan interest rate is adjusted by the lending institution according to the benchmark interest rate of the central bank. The accurate loan interest rate will also be influenced by personal credit information, the lending institution's own situation and the borrower's own factors.