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If I buy a used car, the price is about 60 thousand yuan, what is the down payment and the monthly payment?
The down payment is 30% 18000 yuan, plus some insurance, loan service fee, licensing agent and GPS, totaling about 25000 yuan, and the loan is 42000 yuan. The monthly repayment is about 1400, including interest of 2 10.

Advantages of buying cars by stages

The bank's auto loan execution rate is high, but the repayment pressure is relatively small. The reporter of Financial Weekly learned that many banks provide car loans. However, due to the high risk of car loans, general banks will implement the benchmark interest rate of loans or raise interest rates. The staff of Shenzhen Development Bank in charge of auto loan business told reporters that citizens can apply for auto loans as long as they buy cars and family cars.