Yes, it depends on how much you want to borrow. Usually, the down payment for bank loans to buy a car is generally 40%, the outstanding loan conditions can be 30%, and the minimum down payment for auto financing company loans can reach 20%. It is recommended to choose Ping An Pratt & Whitney as a car loan, which is economical and practical. I hope I can help you.

Information required for car loan:

Original ID card, residence booklet or other valid proof of residence, and provide a copy;

(2) proof of occupation and economic income, and a running list of personal accounts in the past six months;

③ Car purchase agreement, contract or letter of intent signed with the dealer;

(4) Other documents required by the Cooperation Organization.

Handling process of automobile loan:

First of all, the lender needs to prepare ID card, residence certificate, work certificate, loan use certificate and other supporting materials, go to a bank, fill out an application form and fill out a contract.

② Then, wait for the bank's pre-loan qualification investigation and approval.

Secondly, banks issue loans to lenders.

(4) Finally, the borrower pays the down payment to the car dealer, and handles the car pick-up formalities with the passbook and the car pick-up note issued by the bank.