Car Loan Calculator — Taiwan
Estimate your monthly car-loan installment in TWD using Taiwan's typical auto-finance rates, and see the full interest cost. No signup, no account needed.
Car finance rates in Taiwan (2026)
Car loans in Taiwan typically run about 2.7–6.5% p.a. new car; 4–16% p.a. used car. Bank-published car-loan rate tables are less standardized in Taiwan than mortgage rates; named finance companies quote wide ranges based on credit and vehicle age.
These are reference figures for 2026 - always confirm the current rate and the effective (reducing-balance) APR with the lender before you commit.
Where to get a car loan in Taiwan
Commonly used providers include Yulon Finance, Ho Lease and Chailease. Rates and terms vary by lender, your credit profile, and whether you are buying new or used - it pays to compare at least two or three offers.
Deposit and loan term
Deposit requirements vary by lender. Loan terms run up to about Typically up to 5–7 years. A bigger deposit and a shorter term both cut the total interest you pay - use the calculator above to see the trade-off for your own numbers.
Worked example
For every $100,000 financed at 4.50% over 5 years:
- Monthly installment: $1,864
- Total repaid: $111,858
- Total interest: $11,858
Scale to your financed amount, and remember a bigger deposit and shorter term lower the total interest.
How to pay less interest on your car loan
- Put down a larger deposit - it reduces both the monthly payment and the total interest.
- Pick the shortest term you can comfortably afford; a longer term lowers the monthly cost but raises the total.
- Compare the effective reducing-balance rate, not a headline flat rate - a flat rate looks cheaper than it really is.
- A stronger credit profile usually earns a lower rate, so it is worth checking before you apply.
A named-lender rate check: car loans in Taiwan (2026)
Roo.Cash’s 2026 lender comparison puts Taiwanese new-car loan rates at roughly 2.7%–6.5% p.a., with used-car loans considerably higher at 4%–16% p.a. depending on the vehicle’s age and the borrower’s credit. Named finance companies price similarly: Yulon Finance (裕融) quotes roughly 3–15% p.a. based on credit and conditions, and Ho Lease (和潤) prices new-car financing around 4–12% p.a. Separately, Taiwan’s central bank (CBC) reported the five major domestic banks’ average new-loan rate at 2.206% for April 2026 — a broader benchmark dominated by mortgages, well below dedicated consumer car-loan pricing.
A worked example: financing NT$600,000 at 4.5% p.a. (mid-range for a new car, good credit) over 5 years (60 months) works out to an installment of about NT$11,186 per month, with total interest of roughly NT$71,149 over the loan’s life.
Frequently Asked Questions
What is the typical car loan rate in Taiwan?
As a 2026 reference, car finance in Taiwan runs about 2.7–6.5% p.a. new car; 4–16% p.a. used car. Your actual rate depends on the lender, your credit profile, and whether the car is new or used.
How much deposit do I need for a car loan in Taiwan?
Deposit requirements vary by lender. A larger deposit lowers both your monthly payment and the total interest you pay.
Which lenders offer car loans in Taiwan?
Commonly used providers include Yulon Finance, Ho Lease and Chailease. It pays to compare two or three offers, since rates and terms vary by lender and by your credit profile.
How is the car loan installment calculated?
Using the reducing-balance formula P × r × (1+r)ⁿ ÷ ((1+r)ⁿ − 1) on the financed amount. Dealers may quote a lower-looking flat rate; convert to the effective rate to compare.
Is car financing regulated in Taiwan?
Consumer auto financing in Taiwan is supervised by the Financial Supervisory Commission (FSC); the Central Bank of the Republic of China (CBC) tracks broader bank lending rates.
Is 4.5% a realistic car loan rate in Taiwan?
It's a reasonable mid-range figure for a new car with good credit. Roo.Cash's 2026 comparison puts new-car loans at 2.7-6.5% p.a., with named finance companies like Yulon Finance and Ho Lease pricing similarly.
Why are used-car loan rates so much higher than new-car rates in Taiwan?
Used cars carry more collateral and valuation risk for lenders, so rates commonly run 4-16% p.a. versus 2.7-6.5% p.a. for new cars, per Roo.Cash's 2026 lender comparison.
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Sources
Rates are compiled from each country's central-bank publications and the typical offerings of its major commercial banks, reviewed for 2026 and subject to change — always confirm the current rate with a lender before deciding. See our methodology and editorial policy for how we source and update this data.
Additional sources for this page
Car loan rate ranges and named finance companies (2026): 車貸利率總整理 – Roo.Cash. Five-major-bank average new-loan rate, April 2026: Average Rate on New Loans of Five Major Banks – Central Bank of the Republic of China. See our methodology and editorial policy for how we source and update this data.