The down payment of a car is related to the total amount of the car purchased, loan channels, loan methods, etc., and the monthly payment is related to the down payment amount, loan period, etc., so the down payment and monthly payment vary according to individual car purchase needs. Generally, the down payment ratio of a bank car loan is not less than 20% of the total amount of the car purchased, the loan amount will not exceed 80% of the total value of the vehicle, and the loan term is up to 5 years (inclusive). Calculated based on a budget of 100,000, the down payment ratio for a 100,000 car should not be less than 20,000, and the loan should not exceed 80,000, with a maximum loan period of 5 years. That is to say, the down payment for a 100,000,000 car should not be less than 20,000, and the loan amount should not exceed 80,000. 5 years. Assume that the car costs RMB 100,000, the down payment is RMB 30,000, and the loan is RMB 70,000. In addition to purchase tax, insurance premiums, handling fees, car registration fees, etc., if the loan is for three years, you will need to provide approximately RMB 2,000 per month.

One million car purchase subsidies