saddient
bank interest is depend on how many years u'll pay for the total loan
currently 4-5 years=3.5%
6-7 years=3.65%
8-9 years=3.75%
If you are under 21 years old, you are most probably need a guarantor preferebly your parents or siblings. But if you have a very strong income more than 5 times the monthly payment as a fix employee of a stable company, there should be no problem in applying a car loan if you are under 21 years old.
FYI,
1)To apply for car loan, you must have a salary of at least 3 times the monthly payment of the car. If not, you still need a guarantor.
2)The deposit payment of any car purchase is usually 10% of the total car price. The bank only provide 90%(some car model provides up 99% loan if i'm nt wrong) loan unless you are a government staff and university graduated person.
3)Blacklisted person usually cannot apply for any car loan from any bank. However, some of the blacklisted government staff can apply the car loan.
Hope u will get a more clearer pict on this~