How much do you pay in advance? 0 down payment should be 33 1.24 USD/month, which is relatively low and not bad.

m=p[i( 1i)^n]/[( 1i)^n- 1]

M is the monthly repayment amount.

I is the annual fixed interest rate divided by 12

N is the total number of months, and five years is 60 months.

P is the principal.

2. Can international students in the United States borrow money to buy a car?

International students in the United States to buy a car loan, generally divided into two situations:

Car purchase with or without credit history. If you have a social security number (SSN), you can have credit for half a year.

Pay attention to the repayment on time, and gradually apply for a car loan at the dealer after one to one and a half years.

In the past eight years, the era of zero interest rate has brought American auto loans into a golden age. Around American cars, many Americans can even get 0% APR by buying some American pickup trucks. Although you are a foreigner, if you have a good credit record of more than 2 years, then some Japanese brands, such as Toyota, Honda and Volkswagen, get a car loan interest rate of 6%-8%, although they will ask you to pay a relatively high down payment, usually 30%-40%.

In addition, the reason for the large number of international students is that according to the ABCD rating of American distributors, international students will be automatically placed in D level, which has been greatly confirmed. If you stay in the dealer's office for about a week or two, you can go to the dealer after approval.

Please note that even if you pay by installment, you can bargain with the dealer. Some dealers say that buying a car by installment can't be discounted, which is totally untrue.

If you don't want to pay a higher down payment, you can relax). In this case, the ownership of the car belongs to the dealer, and you can drive the car back to the dealer when it expires. But if it's a lease, it can't be discounted, and there are usually some hidden expenses, such as exceeding the limited mileage and artificial damage during the probation period, so be sure to read the terms carefully and point out the problems on the spot.

If you want to borrow money to buy a car, the budget for warm-hearted students to buy a car is between 20 thousand and 40 thousand dollars. With the recovery of automobile sales in North America in recent years, major automobile manufacturers have added a lot of high and new technologies to the 20 16 generation models, and some have also added their own product lines, giving users a wider choice. Here are some inexpensive ones suitable for international students.

Entry-level German Department:

20 16 audai 3 1.8 premiumfwd

As an entry-level model of Audi, A3 has a beautiful appearance and a good 8t, which is more than enough for high-speed and daily roads, and its fuel consumption performance is also excellent. It comes standard with a reversing camera and radar. In the snowy countryside, you can also choose the four-wheel drive version with Quattro to make you feel more at ease when you travel in winter.

Manufacturer's suggested retail price

20 16BMW3

As the entry corner of BMW 3 Series, the peak torque that 320 can achieve is even more stress-free for daily driving. 20 16 modified the shape of the front face and the design of the taillights. There is also a four-wheel drive x safe travel in winter.

MSRP from 145

In addition to the above luxury cars, there are more practical German and Japanese choices that like cheap and beautiful:

20 16ToyotaCamry

As a sales myth of Toyota in North America, Camry naturally has the secret of keeping it. This generation of Camry is younger in appearance, and the reliability of interior gearbox is well known. Space is also ahead of all kinds of medium-sized cars, and there are blue special sports models to choose from this year.

3. Do I need a green card to apply for a car loan in America?

No, buying a car with a loan in the United States is generally divided into two situations: buying a car with a credit history and buying a car without a credit history. If you have a SocialSecurityNumber (SSN), you can apply for a credit card, and you can have a credit history of half a year. Pay attention to the repayment on time, apply for one or two more credit cards gradually, and then you can apply for a car loan at the dealer in another year to a year and a half.

4. The policy of foreigners buying cars?

The procedures for foreigners to purchase license plates are as follows:

First, the original and photocopy of the identity certificate of the motor vehicle owner:

1. Identity documents of foreigners refer to passports or other travel documents held at the time of entry, valid visas or residence permits for more than six months, and accommodation registration certificates issued by public security organs.

2. The identity documents of representatives of foreign embassies and consulates in China and international organizations are valid identity documents issued by the Ministry of Foreign Affairs.

2. Proof of origin of motor vehicles such as car purchase invoices;

Three, motor vehicle factory certificate or motor vehicle import certificate;

Four, the original car tax payment certificate or tax exemption certificate;

Five, "motor vehicle traffic accident liability compulsory insurance certificate" the third original. If the original is lost, a copy of other originals or the seal of the insurance company shall be provided.

Six, travel tax payment or exemption certificate (except that the tax information has been signed on the compulsory insurance certificate for motor vehicle traffic accident liability or the travel tax is exempted according to regulations) and the ship tax law;

Seven. Application form for vehicle registration, transfer, cancellation/transfer (acceptance method: download and print at district and county vehicle management offices, traffic police detachments, vehicle management windows and public security portals; Please read the application form carefully before filling it out. The unit custodian signs the application form and personal vehicle. Owner's signature;

Eight, the agent shall also submit the original and photocopy of the agent's identity certificate and the written power of attorney of the motor vehicle owner. The agent shall sign the Application Form for Motor Vehicle Registration, Transfer, Cancellation/Transfer.

9. Friction film for vehicle identification code;

Ten, two standard photos of motor vehicles;

Eleven, non customs imports, motor vehicles exempted from safety and technical inspection as stipulated by the competent department of motor vehicle products in the State Council, and motor vehicles that have not applied for registration within two years from the date of manufacture.

If an accident occurs before applying for registration, a motor vehicle safety technical inspection contract shall also be submitted. Certificate (valid for 30 days); The special school bus shall also submit a safety technical inspection certificate in accordance with the national safety technical standards for special school buses (valid for 30 days);

Twelve, the police car registration, shall submit the "police car license plate approval form".

Thirteen, the registration of ambulances, fire engines and engineering ambulances shall be submitted to the relevant departments to prove the nature of the use of vehicles.