Car down payment is 20%-50%, and general banks require 40%-50%. Some car dealers can find some financing companies to achieve 20% or even lower.
Usually it will be paid off in 2-5 years. Monthly repayment depends on how much you borrow, and you can use real estate as a guarantee.
First of all, it is necessary to know whether the beneficiary of car installment payment is a bank or a financial institution, because many banks now have relatively high thresholds for car loans, and more financial companies, especially those in the same department as car manufacturers, have begun to handle convenient loan procedures for customers (for example, Shanghai GM's financial company has GMAC loans).
Secondly, the requirements for car buyers: generally, the wage income is normal, preferably provident fund, real estate (with property rights) or married. Of course, if you have other written documents that can prove the strength of your paid loan, that's fine.
2. Is it okay for Mustang to make a down payment of 20%?
Hello, this needs 44S to support 30% down payment.
3. How much is the down payment for Ford Mustang?
Ford Mustang V6 Price: 488,000, down payment 30%, estimated at 200,000, including handling fee. Ford Mustang GT price: 788,000, 30% down payment is expected to be 320,000, including handling fee.
4. Is it okay for Mustang to make a down payment of 20%?
Generally not, unless you have activities in local 4S, the minimum is 30%. Hello.