1. According to the query of Pacific Auto Network, loan requirements: new car loans have no requirements for vehicles, while banks and auto financing companies have certain requirements for vehicles if they borrow used cars, including the service life of vehicles should not exceed 5 years and the mileage should not exceed 80,000 kilometers.

2. Down payment amount: the down payment ratio of used car loans is higher than that of new car loans. For new car loans, the down payment should not be less than 30% of the car price, while for used car loans, the down payment should not be less than 50% of the car price.