If you want to change the amount of car loan, you can bring your ID card and proof of car purchase to the car sales company to negotiate and change the repayment.

Auto loan refers to the loan issued by the lender to the borrower who applies for buying a car, also called auto mortgage. The borrower must be a permanent resident of the place where the loan bank is located and have full capacity for civil conduct. Generally, the term of automobile consumption loan is 1-3 years, and the term is not more than 5 years. The upper limit of the loan amount generally does not exceed 80% of the price of the purchased car. You can choose one-time repayment of principal and interest and installment repayment (equal principal and interest, equal capital).