How much is the down payment for buying a car? You can lift about 400 thousand cars.

The down payment for buying a car is 20%-50%, and the general bank requires 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 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.

Matters needing attention in down payment for buying a car

When you see advertising slogans such as "zero down payment", "zero interest rate" and "1 yuan loan to buy a car" in the auto market, don't be too happy for the time being, you need to be vigilant and don't fall into the trap designed by dealers and loan intermediaries.

These car loan concessions of "zero down payment", "zero interest rate" and "1 yuan loan to buy a car" will attract the attention of many consumers at first sight. These preferential policies look very attractive. In fact, most of the concessions are made on the basis of raising car prices and increasing agency fees. What's more, they are inevitably fraudulent.