20 17 how much is the interest on buying a car with a zero down payment loan?

1. What's the interest on the installment car loan by credit card?

Since the bank has a credit card car loan, traditional car loan products have been left out in the cold. Credit card car loan has no interest, but a certain percentage of installment fee (hereinafter referred to as the fee) should be charged according to the installment period. It is reported that the 36th installment fee of Agricultural Bank of China is 12%, and that of Industrial and Commercial Bank of China is 1 1.5%.

2. How much is the auto loan from the auto financing company?

At present, the auto financing company has the largest market share of auto loans, and the loan interest rate for 1-3 years is 16.24%. The concepts of loan interest rate and handling fee rate are different and cannot be directly compared. According to the repayment method of equal principal and interest of the finance company, the three-year period is about 27%, which is more than twice that of the bank after being converted into the handling fee of the bank credit card car loan.

3. What is the interest on the car loan with zero down payment?

The monthly interest rate of buying a car with zero down payment loan is 0.53%, and the optional period is 24-60 months. Interest is charged monthly. No matter whether the loan is in 24, 36 or 60 installments, the interest will be paid at 0.53% every month. Similarly, the handling fee converted into three years is 19.08%.

4. What is the interest of unsecured credit car loan?

Credit loan is to provide loan procedures, and the vehicle is not mortgaged. The loan is 1 0,000 yuan, and the annual interest payment is 1. In 600 yuan, it is 4,800 yuan for three years, that is, 48%.

How to calculate the interest of buying a car with zero down payment loan?

At present, most cars with zero down payment loans generally have a time limit, some are three months, some are half a year, and the down payment needs to be paid within the specified time. As long as the down payment is made within the specified time, interest is usually not charged for this part of the down payment, and interest is charged for other loans.

For example, Mr. Zhang applied for a zero down payment car loan, and the dealer required to pay at least 30% of the car price within six months, which is equivalent to the down payment. After Mr. Zhang pays off 30% within half a year, the remaining 70% will be charged interest according to the car loan interest rate implemented by the lending institution. Suppose the car price is 200,000 yuan, excluding 60,000 yuan, and the loan is 6.5438+0.4 million yuan, which will be paid off in three years, and the interest rate will rise by 20%, that is, 6.15× (120%) = 7.38%. The total loan interest calculated by the car loan calculator is 16497.72 yuan. You can also use your car loan calculator to calculate the loan interest.

What do I need to pay for a car with a zero down payment loan?

It is understood that the interest on buying a car with zero down payment loan is relatively high. Because the borrower does not have to pay the down payment, the risk of this fee is borne by the car dealer. In order to reduce the loan risk, car dealers will increase other expenses of the loan. This includes:

1. Interest expense. Most loans carry interest. The interest cost of zero down payment loan is usually high, which should be decided according to the actual situation;

2. Management fee. This specific payment method is subject to the provisions of the lending institution. But there are usually.

3. handling fee. In order to ensure that the interest rate is not higher than the benchmark interest rate of the central bank, lending institutions generally increase some handling fees. This fee is also related to the regulations of lending institutions. The higher the general loan amount, the higher the handling fee.

Second, how to calculate interest when buying a car with a down payment of 0? A car with a price of1.2000 will cost a little more than1.4000, alas.

The down payment in the market is similar to purchasing by rent, so it is better to pay it back on time, and there are more liquidated damages for not paying it back on time. 120,000 car, is the discount finished?

Third, how to calculate the zero down payment car interest?

Car price down payment = cash purchase price × (down payment ratio is 30%-80%)

Total down payment = down payment insurance license fee

Loan amount = cash purchase price-down payment

The average monthly payment is five years.

The calculation formula is: repayment amount per installment = loan principal/number of repayment installments;

Interest payable in each installment = remaining principal of last month × monthly interest rate of loan.

Fourth, how to calculate the interest on buying a car with zero down payment?

This specific interest rate depends on individual qualifications. If the qualification is good, the interest rate is low, and if the qualification is not good, it will definitely be high.

It is understood that the interest on buying a car with zero down payment loan is relatively high. Because the borrower does not have to pay the down payment, the risk of this fee is borne by the car dealer. In order to reduce the loan risk, car dealers will increase other expenses of the loan.

Precautions for buying a car:

First of all, check the appearance of the vehicle, and observe whether there are obvious paint injuries on the body, so as to ensure that there are no scratches in these places, and there are no pits and dents on the body.

Check whether the joints of various parts of the car body are uniform, and switch the doors, covers and trunk several times. Check the operation of the mechanism and observe whether there are cracks in the glass, headlights and plastic parts. Check the tire to see whether the tire tread is worn and whether the burr on the tire is complete. If you are not at ease, you can compare it with other new tires.

Secondly, if there is no problem with the appearance of the vehicle, it is necessary to prepare for the car purchase procedure. If it is a full car purchase, the 4S shop will provide the car owner with the car purchase invoice, vehicle certificate, three-guarantee manual, instruction manual and two car keys (some cars will give three car keys) after payment. After buying a car, the procedures must be complete, especially the vouchers. If the procedures are not complete, it is impossible to license the vehicle.

Third, you must buy auto insurance as soon as possible after buying a car, including compulsory insurance (including vehicle and vessel use tax). Commercial insurance. Although commercial insurance is not compulsory, it is recommended to buy third-party liability insurance and car damage insurance at the same time. It is recommended to purchase third party liability insurance at least 6,543,800+0,000. After buying insurance, you need to apply for a temporary license, so you can drive to the vehicle management office to get the license.

Fourth, to get the license plate, you need to drive to the vehicle management office, and you need to check the vehicle appearance, lighting, frame number, engine number, vehicle exhaust and other items.