How much is the car down payment?

Car down payment is generally 20%-50%.

20%-50% down payment for a car. According to the different loan methods selected by consumers, the application materials provided are unnecessary, and the down payment ratio may be different. At present, most banks stipulate that the minimum down payment is 40% of the total car price, and some car dealers can get 20% or even lower if they find car loans from some auto finance companies.

What is the car loan down payment?

Car loan down payment refers to the down payment when a car consumer buys a car. Consumers who want to buy a car borrow money from auto financing companies or banks to buy a car. After the loan application is approved, the consumer will pay a certain amount to the bank or auto financing company in advance according to the relevant down payment regulations of the bank (the minimum down payment required by the general bank is 20% of the car payment), and the full amount of the car is not paid in time.