How Much Interest Do You Pay For Your Car Loan?

[nomad]

Did you buy a car with a loan? How much interest are you paying for your car loan? Well, I do not have car loan but in my home country the base interest rate for car loan starts form 7 percent. Car loan is one of the lowest interest loans.

 

[Stardom22]

I have never taken the car loan before. I even don't plan to take any in the near future

 

[Suba]

If someone wants to buy a new car on credit, an interest rate will be charged depending on the credit platform. For one year the interest rate will be 3% and for 2 years 3.5%, while for 3 years the interest will be 4%.

 

[Sanjeev]

I don't own a car with a loan. My company sold it to me on discounted rate and have to pay an installment every month

 

[Cam]

I had a pretty ridiculous interest rate on my last car purchase, so I went ahead and paid it off. Next time I need to buy a car, I'm just buying outright. Not messing with awful auto loans anymore.