The down payment ratio of used cars is between 20% and 50%. There are two main ways of second-hand car loans, one is bank loans, the other is auto finance loans, and the down payment ratio of loans is generally between 20% and 50%. Most banks require a down payment of at least 40%, while other lending institutions will control the down payment ratio between 30% and 40%. Usually it will be paid off in 2-5 years. Monthly repayment depends on how much you borrow, and you can use real estate as a guarantee. First of all, it is necessary to know whether the beneficiary of car installment payment is a bank or a financial institution, because many banks now have a higher threshold for car loan, and more financial companies, especially those in the same department as car manufacturers, have begun to handle convenient loan procedures for customers. Secondly, the requirements for car buyers: generally, the wage income is normal, preferably provident fund, real estate (with property rights) or married. Of course, if you have other written documents that can prove the strength of your paid loan, that's fine. When handling a second-hand car loan, you need to fill out a personal loan application form, and bring your ID card, income certificate, second-hand car purchase agreement, basic family information and documents required for the loan to a bank or financial institution to handle the second-hand car loan business. When handling vehicle loans, you need to purchase vehicles correctly according to your own situation, so as not to bring too much economic burden to yourself. Million car purchase subsidy

Second, how much is the down payment for used cars?

Hello, the down payment for used cars is generally 30%, but it has something to do with vehicles and so on. The more expensive the original price of the vehicle, the higher the value of the vehicle.

Third, how much is the down payment for used cars?

According to the provisions in the Measures for the Administration of Automobile Loans, it is pointed out that the amount of loans granted by lenders for personal use shall not exceed 80% of the price of automobiles purchased by borrowers. The second-hand car loan amount shall not exceed 70% of the car purchase price of the borrower, which means that the minimum down payment for the second-hand car is 30% of the car purchase price.

There are two main ways of second-hand car loans, one is bank loans, the other is auto finance loans, and the down payment ratio of loans is generally between 20% and 50%. Most banks require a down payment of at least 40%, while other lending institutions will control the down payment ratio between 30% and 40%. Although there are some "zero down payment" loans to buy cars, those are generally aimed at specific models, and used cars are rare.

4. How much is the down payment for used car mortgage?

A zero down payment of 50% will do.