The loan interest rate depends on the financial company you borrow. Some are equal principal and interest, that is, total interest = loan amount × monthly interest rate × loan term (month). The bank's equal principal and interest is only the monthly remaining principal plus a small amount of interest on the principal. Interest is getting less and less, and principal is getting more and more. At the same monthly interest rate, the interest paid by banks is half less than that of small loans.
What is the car loan interest rate of 2.4s shop? How to calculate the car loan interest rate of 20 19 4s shop?
What is the average annual interest rate of car loan?
At present, the annualized loan interest rate corresponding to the one-year total interest rate of 3.5% is about 6.5%, 3.8% is about 7%, and 4%, 4.5% and 5% are 7.4%, 8.3% and 9.3% respectively. At present, the mainstream one-year car loan interest rate is between 3.5% and 5%, and the corresponding annualized loan interest rate is between 6.5% and 9%.
For example, a car loan of 1 0.2 million a year needs to be paid back every month. 4% of the total annual interest rate of 4800 yuan will be paid together with the down payment. In fact, the loan term of 12 is 1 month and 2 months to 12 months respectively, and the average loan term is 6.5 months, so the annualized loan interest rate is estimated to be around 7.4%.
The two-year total interest rate of auto loans is currently 7% and 9.5%. Among them, 7% interest rate corresponds to the annualized loan interest rate of about 6.7%, 8% to the annualized loan interest rate of about 7.7%, and 9.5% to the annualized loan interest rate of 9. 1%. At present, the mainstream of three-year car loan is between 9.5%- 12.5%, of which the lower 9.5% corresponds to the annualized loan interest rate of about 6.2%, 10.5% corresponds to the annualized loan interest rate of about 6.8%, and 12% corresponds to the annualized loan interest rate of about 7.7%./kloc
At present, the benchmark interest rate for bank loans is 6% for one year and 6. 15% for two years and three years. At present, the mainstream car loan interest rate is higher than the benchmark bank loan interest rate in the same period. In this regard, a bank account manager said that the bank's loan resources are becoming more and more tense. Compared with the current loan interest rate of more than 8% for small and medium-sized enterprises, the interest rate of auto loans is still relatively low, and the single loan amount of auto loans is small, which leads to the interest rate of auto loans is usually the benchmark interest rate.
Another point that needs to be carefully calculated is that the loan period of car loans, whether in 4S shops or banks, is recommended to be two or three years, so that the monthly loan amount is moderate, which is conducive to medium-term financial planning. For example, buy a family car with a loan of 6.5438+0.8 million yuan, with a loan of 6.5438+0.2 million yuan. If you pay it off within one year, you need to pay back 6.5438+0 million yuan every month. If it is two years, it needs to pay 5000 yuan per month, if it is three years, it needs to pay 3333 yuan per month. The installment amount of car loan for two or three years is an affordable monthly payment for residents in big cities.
How to calculate the annual interest rate of car loan?
It is understood that to know the interest rate of auto loans, we should not only know the number of years of auto loans, but also know the amount, interest rate and repayment method of auto loans. Because as long as one of them changes, the interest on car loans will be different.
For example, the annual interest rate of car loan is 5.25%, and the installment interest is related to the loan amount: interest = loan amount × annual interest rate x3= loan amount x5.25%x3= loan amount x6.75%.
3.4s shop loan discount fee?
4S shop loan interest costs need to be determined according to the situation of each shop. Domestic cars are usually interest-free for 3 years, and joint venture cars are usually interest-free for 2 years. After the interest-free period, the annual interest rate is generally around 5.5%.
4. What is the interest rate of Ruifu car loan? What is the interest rate of car loan in Reford?
I don't know. I suggest you consult the sales staff of auto financing company or 4S shop, or consult the bank. Policies vary from place to place.