You can borrow any amount between $10,000 and $40,000, dependent on your circumstances. The amount you are allowed to borrow will depend on the loan type and the lender, as well as your borrowing power.
The lender may assess your credit history, your current income and various other factors to determine how much you are allowed to borrow. If the loan is secured against the car, you may be able to borrow more, as the car will be used as collateral.
Posted in: Applying for personal car loan