When applying for a personal loan, you need to pay the down payment yourself, and you can apply for a loan from the bank for the rest.

How much is the down payment for the loan to buy a car?

1. Under normal circumstances, the minimum down payment for car loan is 30% of the total purchase price. Car buyers can decide the down payment ratio of car loans according to their own funds. In fact, the specific down payment depends mainly on your own financial situation.

In addition, generally speaking, you don't need to mortgage anything else to buy a car with a loan. Usually, the car you buy is used as a mortgage. In addition, the loan period is limited, generally 3 years, and the longest is no more than 5 years. Depending on the qualifications of the lender, the loan term may also be slightly different.

3. Finally, the lender must also have a certain repayment ability, and must show the income certificate to the lending institution to prove his repayment ability, which can speed up the loan approval.

Automobile consumption loan is a new loan method that banks issue RMB-guaranteed loans to car buyers who buy cars at their special dealers.

Loan to buy a car refers to the loan issued by the lender to the borrower who applies for buying a car. In fact, it is to borrow money from financial institutions to buy a car. However, financial institutions require car buyers to pay a certain percentage of down payment and provide proof of repayment ability. They have no bad credit record and must meet the requirements of financial institutions before they can apply for a loan to buy a car.

Can I apply for a loan to pay the car loan down payment?

The answer is no, car loan down payment can not apply for a loan. Under normal circumstances, whether an individual wants to apply for a car loan or a mortgage in a bank, the down payment required by the bank requires a personal deposit certificate to handle it.

Therefore, if you want to apply for a car loan, you must prepare the down payment required by the bank before you can apply. Of course, if an individual already has a part of the down payment, but still needs a part, at this time, relatives and friends can make up the down payment.

Can a private car loan company pay a down payment to buy a car?

Yes, you can.

Generally speaking, the down payment is 30% of the total car price, and it is ok to repay the mortgage or consumer loan after the down payment.

Car loan refers to the loan issued by the lender to the borrower who applies for buying a car. Automobile consumption loan is a new loan method that banks issue RMB-guaranteed loans to car buyers who buy cars at their special dealers. The interest rate of automobile consumption loan refers to the ratio of the loan amount to the principal given by the bank to consumers, that is, borrowers, for purchasing their own cars (non-profit family cars or commercial vehicles with less than 7 seats). The higher the interest rate, the greater the repayment amount of consumers.

Can I pay the down payment for a car with a bank loan? There may be these effects!

Nowadays, many people want to borrow money to buy a car, but they have to pay at least 30% down payment. But many people can't save money, even if they can't afford tens of thousands of dollars, they want to borrow some money from the bank to pay the down payment. Then, can a bank loan a car to pay the down payment? But it can be done, but it will have an impact.

Can I pay the down payment for a car with a bank loan?

If you borrow a consumer loan from the bank, you can take the first bank card to the POS machine of the 4S shop to pay the down payment. Although this is feasible, it will have some effects, as shown below.

1. Loan can't be approved: Usually, the car loan needs to be paid down with its own funds, and the credit information will be checked when the loan is approved, while the consumer loan borrowed from the bank can be found from the credit information. On the one hand, it shows that the borrower's economic ability is not good, on the other hand, it increases the borrower's debt ratio, which will affect the car loan institution's judgment on the borrower's repayment ability. If the repayment ability is not good, the loan will not be approved. Moreover, if the loan cannot be approved because of the borrower's reasons, it will be very troublesome to refund the down payment, and you may have to bear liquidated damages.

2. Repayment pressure: If you borrow a consumer loan from a bank, you must pay it back. Once overdue, it will be reported by the credit reporting agency, which will affect your personal credit. If the car loan is approved, it is not only necessary to repay the bank consumer loan, but also the monthly car loan. The repayment pressure can be imagined. If the borrower's capital chain is broken and there is no money to repay the car loan, it may be towed away or even auctioned to recover the loan if it is overdue for more than three months.

The above is "Can I buy a car with a bank loan down payment?" I hope it will help everyone.