1. Maximum loan years for buying a car

A car loan can generally be loaned for up to five years, which means that the customer needs to repay it in 60 installments (one installment is one month). In addition, you can also choose to loan for three years, one year, two years, etc. If the customer has sufficient repayment ability, he or she can choose to repay the loan in advance during the loan repayment period so as to settle the debt as soon as possible. The reason why the loan period of car loans is generally not long is because cars are easy to depreciate and are likely to be damaged in traffic accidents. The risk coefficient is relatively high. In order to control later risks, banks (auto consumer finance companies) will naturally not provide Repayment terms that are too long. : Car loan refers to a loan issued by a lender to a borrower who applies to purchase a car. Car consumption loans are a new loan method that banks issue RMB-guaranteed loans to car buyers who purchase cars at their authorized dealers. The interest rate of automobile consumer loans refers to the ratio of the loan amount and principal issued by banks to consumers, that is, borrowers, for the purchase of self-use cars (non-profit family cars or business cars with 7 seats or less (inclusive)). The higher the interest rate, the greater the repayment amount the consumer will have to pay. The term of automobile consumer loans is generally 1-3 years, with a maximum of no more than 5 years. Among them, the loan period (including extension) of second-hand car loans shall not exceed 3 years, and the loan period of dealer car loans shall not exceed 1 year. Car loans follow the loan benchmark interest rate, but each financial institution can float within a certain range above and below the benchmark interest rate. The car loan period of major banks generally does not exceed 5 years. The interest rate of car loans directly determines the cost of people's loans, and thus becomes an important factor in deciding whether people take loans for consumption. The actual interest rate of a car loan is determined by the bank based on the actual situation of the customer and with reference to the loan benchmark interest rate stipulated by the central bank. Customers with excellent general conditions can enjoy the benchmark interest rate or a discount of about 10%, while ordinary customers need to increase the benchmark interest rate by 10%. %about. Personal loan car purchase business is divided into three types: direct customer type, indirect customer type, and credit card car loan. The direct customer type is generally a bank car loan where the customer meets directly for the loan, and the indirect customer type is generally a car finance company car loan where the auto finance company transfers the customer to the customer. For direct bank car loans, the fees collected are deposit, principal and interest, 3% guarantee fee, etc. The fees for high-quality bank customers will be discounted, but each bank's preferential policies are different. In addition to paying the above fees, Jianke Auto Finance Company's car loan also needs to bear regulatory fees, fleet management fees, and warranty renewal deposits. Another option is credit card car loans. Credit card installment car loans only provide installment payments to bank credit card users. It can be applied for any conditions, and there is an audit procedure. It is difficult for credit card users with bad credit records to apply.

2. How many years can a car loan be granted at most?

If you are buying a car, 3 years.

If you use a car to get a bank loan, basically no bank will accept this kind of loan project now

3. How many years can you borrow to buy a car?

< p>At present, car loans generally have a term of 1-3 years, and 5-year car loans are rarely offered now. Financial companies may sometimes make orders for some high-quality customers, but the conditions are very strict.

4. How many years can a car loan be loaned for at most?

A car loan can generally last for three years, with a maximum of five years. Taking Bank of China as an example, most of the longest loan periods are three years. If the applicant’s workplace is better, they can apply for a five-year loan.

Loan conditions:

First, you must be a citizen of the People’s Republic of China, or a resident of Hong Kong, Macao, or Hong Kong who has resided continuously in the territory of the People’s Republic of China for more than one year. Taiwan residents and foreigners;

Second, they must have valid identity certificates, fixed and detailed addresses, and have full capacity for civil conduct;

Third, they must have stable legal income or sufficient repayment Legal personal assets of loan principal and interest;

Fourth, personal credit is good;

Fifth, able to pay the down payment stipulated in these measures;

Sixth , other conditions required by the lender;

Seventh, aged 25-55;

Eighth, having a stable job;

Tenth ,. Work in the current unit continuously for 6 months.

The minimum down payment for a loan is generally 30%. For some outstanding occupations such as civil servants, and own properties that can be listed and traded, loans can be as high as 80%, which means a down payment of 20%.

Assume that the full payment of the car is 100,000 and the loan is 70%, which is 70,000. According to the common calculation of up to 3 years, the total interest is 6594.79 according to the current rate, and the monthly payment is 2127.63. You can repay the loan early, and generally no additional interest or fees will be incurred. Note that car loans can only be based on the net car price, and purchase tax, insurance, etc. cannot be taken into account.