You have to pay 53% (excluding the deposit)-6% (including the deposit) for everything in a 1W car loan. The deposit will be refunded after the loan festival or paid in the last few months. The monthly payment depends on the interest rate and your repayment method. On average, it is: loan amount/loan months (1944.4444)+ loan amount * interest rate /2 (.

Extended information

Installment payment for car purchase means that users are divided into several installments and pay money in installments every month. Installment payment is a hot spot in the current automobile market. In the current market environment of car fans, installment payment is regarded by many merchants as an effective means to seize market share.

Advantages of installment payment

Long payment period and wide choice

Installment payment activities launched by merchants some time ago generally require the balance to be paid within two years. Some merchants extend the payment period to 4 months, and the monthly payment is greatly reduced, with a monthly payment of only a few hundred yuan, which is more attractive to consumers. At the same time, the down payment has also been appropriately reduced. The down payment for the Changan car of ordnance auto trade is only 3, yuan, and the car can be driven home with the money of a mid-range color TV.

The enthusiasm of merchants is very high

In the current market environment of car fans, installment payment is regarded by many merchants as an effective means to seize market share.

form of payment

There are various forms of installment payment in the automobile industry, mainly including:

(1) bank consumption loan;

(2) loan methods of finance companies of automobile manufacturers;

(3) financial leasing, the market is mainly operated by "Kaiyuan Automobile" brand chain organizations

Reference Baidu Encyclopedia-car installment.