The annual interest rate of auto financing loans is generally around 8%~ 12%. Among them, the general financial interest rate is relatively high, with 1~3-year interest rate of1.23% and 4-5-year interest rate of1~ 0/.62%. Ford 1~3-year interest rate is 9.90%, and 4-5-year interest rate 10.40%. Calculation method: repayment of principal and interest is equal to that of ordinary loans, and the monthly repayment amount is calculated as follows: [loan principal × monthly interest rate× (1monthly interest rate) repayment months ]=[( 1 monthly interest rate) repayment months]
2. What is the general interest rate of car loan?
The car loan interest rate is not static, and there are many factors that affect the car loan interest rate. The higher the loan principal, the longer the repayment time and the higher the interest. For example, Bank of China: loan term 1 year, loan interest rate of 4%; 2 years, 8%; 3 years, 12%.
Car loan is not fixed. According to the regulations of the central bank, the benchmark interest rate is implemented for car 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.
The car loan interest rates of various banks are generally as follows:
1, Bank of China: loan term 1 year, loan interest rate of 4%; 2 years, 8%; 3 years, 12%.
2. China Construction Bank: 1-3 years (including 3 years), 5.3 1% years; 3-5 years (inclusive), 5.4% years.
3. ICBC: within 6 months (including 6 months), the car loan interest rate is 5.60%; The car loan interest rate for 6 months to 1 year (including 1 year) 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 car loan interest rate is not static, and there are many factors that affect the car loan interest rate. The car 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.
3. What is the general interest rate for car loans?
1. If you want to calculate the car loan interest rate, you must first understand the concept of a few cents. In the folk concept, "one point" is converted into a decimal point, which is 0.0 1. "One point" is converted into a decimal point, which is 0.00 1. For monthly interest, one point is 1% and one point is 0. 1%. If you want to ask how much interest the car loan is, you are actually asking what the monthly interest of the car loan is. 2. The calculation method of car loan interest is: loan amount, loan interest rate and loan time. The benchmark annual interest rate of a bank's three-year loan is 4.35%, which generally fluctuates according to the borrower's comprehensive qualification, and the floating range is generally between 10%-36%. Converted, the general annual interest rate of bank car loans is between 4.7% and 5.9%. According to the counterattack of the 4S store, the longer the borrower borrows, the higher the interest rate. General 1 year interest rate is about 3% 3, 2-year interest rate is about 6% 6, and 3-year interest rate is about 9% 1. The installment interest of most 4S shops is generally between 4% and 7%, and the interest of bank car loans will be slightly lower. If the borrower's personal qualifications are good, it is recommended to apply for a loan in the bank as much as possible. In order to attract consumers, many 4S stores will put forward some installment services with 0 down payment, but in fact, such services often have a lot of bundled consumption, which may exceed interest after calculation. 3. The interest of normal car loan is generally between 0.5% and 0.9% per month, which means the monthly interest is between 5% and 9%. The calculation of interest is generally based on the number of months in installments. The car loan interest rate rises according to the national benchmark interest rate. At present, the benchmark interest rate for car loans for one to five years is 4.75%. 4. 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).
4. What is the general interest rate for car loans?
The interest on car loans varies from bank to bank. Take several banks as examples:
China Construction Bank 1, 1, 2-year and 3-year car loan interest rates are 4.
2. The two-year and three-year car loan interest rates of ICBC and BOC are the same as those of CCB, which are 8% and 12% respectively, and the 1 year car loan interest rate is 5%.
3. The car loan interest rate of Agricultural Bank of China is 1 5% per year and 8% to 10% in two years. Different users have different interest rates, and the annual interest rate is 3 12%.