No, generally, the repayment method of buying a car is equal principal and interest or average principal, and interest is not charged first.

2. Do I have to charge interest on the loan to buy a car?

Hello, some bank credit cards will engage in some activities with car dealers, and some models will have interest-free conditions.

Third, does the car loan need interest?

The loan for buying a car needs interest. At present, there are three ways to explain car loan: 1. Interest on credit card installment purchase: In addition to the advantages of relatively simple approval and procedures, credit card purchase does not need to provide corresponding property guarantee, which eliminates the cumbersome procedures such as intermediary notarization and brings additional burden to consumers. 2. Bank loan interest: ordinary bank car loans have no advantage. The two-year car loan interest rate of a bank has risen to 7.8%, and the three-year loan interest rate has risen by about 30% on the basis of 6.65%. Usually, the 3-year car loan interest rate has risen to 1 1.28%. (3) Loan interest of auto financing company: A recent survey shows that the interest rate of auto financing company's three-year loan is 10.99% and the interest rate of five-year car loan is11.38%; It is higher than the current bank loan interest rate 1-3 years (including 3 years) of 6.65%. Million car purchase subsidy