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1.20 thousand, how much is the down payment for a daily car?
For "personal automobile consumption loan" in China Merchants Bank, the maximum loan amount shall not exceed 80% of the price of the purchased vehicle (excluding various additional taxes and premiums); The maximum amount of personal car loan for imported cars shall not exceed 70% of the price of the car purchased (excluding various additional taxes and premiums); The maximum loan amount does not exceed 2 million yuan. For your specific loanable amount, you need to submit relevant application materials, which will be confirmed by the handling bank.