Recently, Bian Xiao often received a friend's question about "What's the interest on second-hand car loans?" The news about the problem, now explain it for everyone. The interest on second-hand car loans is generally around 6%;

1. Second-hand car loans, that is, second-hand car mortgage loans, refer to loans issued by commercial banks to individual borrowers to buy second-hand cars for consumption and use the purchased vehicles as collateral for loans. At present, the development potential of second-hand cars in China is very great, and many people need second-hand cars because of their limited economic capacity or just for car training or transitional use.

2. Since 2008, China automobile market has entered the fast lane of development. In just five years, China automobile market has changed from a big automobile consumption country to the largest automobile production and sales country in the world. According to the time when cars will be changed after five years of use, then in the next few years, the China automobile market will gradually enter the car change tide;

3. The used car market will also change from building consumer confidence to serving consumers. A second-hand car trading market in Zhongshan and six banks officially launched the installment payment business for second-hand car consumption to the public. This means that citizens can buy used cars through car loans. The second-hand car loan business finally broke the ice.

Million car purchase subsidy