The Shenzhen car loan interest rate is based on the central bank's commercial loan benchmark interest rate. The commercial loan benchmark interest rate is as follows:

1. For loans within one year, including one year, the interest rate is 4.35%.

2. The loan is for one to five years, including five years, with an interest rate of 4.75%.

The specific interest rate depends on the agreement between the lending institution and the loan applicant.

Extended information:

Personal car loan conditions:

(1) Citizens of the People’s Republic of China, or people in the People’s Republic of China Hong Kong, Macao, and Taiwan residents and foreigners who have lived continuously in the country for more than one year (including one year) (Hong Kong, Macao, and Taiwan residents and foreigners should also designate a local resident with certain financial strength and good reputation as the contact person) );

(2) Aged between 18 (inclusive) and 60 (inclusive), have full capacity for civil conduct, and hold a legal and valid identity certificate;

(3) Have Household registration certificate or valid residence certificate for the location of the handling bank;

(4) Credit record and income level comply with the relevant provisions of the "Agricultural Bank of China Personal Credit Business Management Measures", and have the ability to repay credit on schedule;< /p>

(5) The car purchase behavior is genuine and the down payment of the car purchase is no less than the prescribed proportion; if applying for a replacement personal car loan, the full purchase price of the car must be paid;

(6) Be able to provide qualified guarantees;

(7) Before the implementation of credit business, open a current deposit settlement account or bank card account with the Agricultural Bank of China, and be willing to accept the credit supervision and settlement supervision of the Agricultural Bank of China;

< p> (8) If the purchased vehicle is used as a mortgage only, the personal credit rating should be above level A (general level) (inclusive); if the guarantee is provided in a combination, the credit rating access standard shall be determined by the first-level branch;

(9) Replacement personal car loan must be applied to the bank within six months after the new car is registered and licensed;

(10) Other conditions required by the handling bank.

At present, only some models on the market offer interest-free and handling fee-free installment payments. Although many credit card installment car purchases have zero interest rates, customers have to pay a certain handling fee. The credit card installment car purchase handling fee is usually paid in one lump sum when paying the first monthly payment.

Although interest-free car loans can save a lot of interest, consumers who purchase cars through interest-free car loans often no longer enjoy car purchase discounts.

In addition, since the car still belongs to the bank until the consumer pays off the loan, the bank will propose risk protection measures and allow consumers to purchase numerous insurances.

Low down payment, low down payment, and preferential prices for new cars. However, with a low down payment, the loan repayment period is longer and there is no preferential interest rate.

Low-interest car loans are often car loans cooperated by automobile manufacturers and banks. The manufacturers provide interest discounts and handling fees, and the banks operate the approval and loan procedures. This type of loan is currently rare.