Car down payment is 20%-50%, and general banks require 40%-50%. Some car dealers can find some financing companies to achieve 20% or even lower.

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 buying a car by installment is a bank or a financial institution, because many banks now have relatively high loan thresholds, and more financial companies, especially those in the same department as automobile manufacturers, have begun to handle convenient loan procedures for customers (for example, the financial company of Shanghai General Motors has gmac loans).

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.

Second, the 2023 380 Magotan installment car purchase plan?

Staging depends on the repayment period

The repayment period of Magotan is generally 1-3 years, with a down payment of 80,000 yuan. If you choose 1 year, it is about 7200 yuan per month. If you choose two years, it will be about 5 100 yuan per month. If you choose three years, it will be about 3400 yuan per month. You can choose according to your own economic situation.

3. How much is the down payment for buying Magotan in installments and how much is it every month?

Take Volkswagen Magotan 1.4T with 2020 280TSI automatic comfort as an example. Official guide price 186900 yuan. At present, Guangzhou dealers are the most popular, so the actual bare car price of this Volkswagen Magotan is136,900 yuan.

Then, according to the installment details of this Volkswagen Magotan, the loan amount is 95,830 yuan, the handling fee is 2,000 yuan, the commercial insurance is 5,234 yuan, and other necessary expenses such as purchase tax and license plate are added13,985 yuan, so this Volkswagen low-priced version of Magotan can be picked up with a down payment of 62,289 yuan, and the monthly payment is 4 193 yuan.

Matters needing attention in installment payment

Installment payment is the business of housing credit sales, which is widely used in housing sales. This will reduce the possible losses caused by faster payment than one-time payment, such as the rapid decline in house prices and so on.

The loan can only be paid in installments. The key here is when to start the installment payment, except the down payment. In other words, when will the loan bank start buying houses? You can start as soon as the loan formalities are completed or the house is delivered. The latter is more beneficial to buyers.

4. How much is the down payment for buying Magotan in installments and how much is it every month?

Car down payment is 20%-50%, and general banks require 40%-50%. Some car dealers can find some financing companies to achieve 20% or even lower.

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 relatively high thresholds for car loans, and more financial companies, especially those in the same department as car manufacturers, have begun to handle convenient loan procedures for customers (for example, Shanghai GM's financial company has GMAC loans).

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.