There is no specific amount. Unlike bank loans, there is no need to check the flow rate.

About Tesla down payment

The down payment is 20%-50%. Generally, banks require 40%-50%. Some car dealers can do 20% by finding some financing companies. Even lower.

Generally, it is repaid in 2-5 years. The monthly repayment depends on how much you borrow. You can use real estate to guarantee it.

First of all, you must know that the beneficiary of the installment payment for car purchases is a bank or financial institution, because many banks now have higher thresholds for car loans, and more financial companies, especially those with the car manufacturer, Financial companies from the same family began to handle convenient loan procedures for customers (for example, the financial company of Shanghai General Motors has GMAC loans).

The second is the conditional requirements for car buyers: generally those with normal salary income, preferably with provident fund, real estate (with property rights) or married. Of course, if you have other written documents that can prove your ability to repay the loan, that is fine.