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What is the maximum loan for buying a car?

1. The maximum loan for buying a car

depends on the value of your collateral and the value of your car.

if the value of collateral is enough, you can generally borrow up to 8% of the car price (for example, 4, houses, 2, cars, and 16, loans)

if the value of collateral is not enough, you can generally borrow up to 6% of the collateral value (for example, 2, houses, 4, cars, and 12, cars)

3. How much can I borrow from a car loan?

1. If you choose a car mortgage loan to buy a car, then this loan method is the same as buying a house. First of all, you have to pay a certain down payment ratio, and the remaining balance can be applied for a loan. Generally speaking, the minimum down payment for a car loan is 3%, that is to say, if you buy a car through this loan method, the loan amount is generally around 7%. Take a car of 1, as an example. 2. Generally, the way to buy a car by mortgage is to have a property in your own name, and then buy a car by mortgage. The loan amount is generally determined according to the assessment of collateral, which can generally reach about 7% of the assessment price. For example, for a 1 million house, the assessment price is 9,, and the loan amount is 63,. For more information about how much a car loan can cost, go to: /ask/5adfe161693449.html? Zd view more content