Banks will not usually approves 100% loan.
The standard is to approve 90% or at most 95% of the purchase
amount..
How much banks will approve the loan bank at is usually based on yr
mth installment of the car and yr mth income.
If mth income is at least 3.5 times the mth installment, approval
is usually no pro depending on the banks and the credit rating of
the borrower.
If mth income not at least 3.5 times, then u may have to get a
guarantor.
The mth income of both u and the guarantor have at least 3.5 times
the mth installment..
This is usually the guidelines that i used to advise my
customer.s
Hope that the info is of help to u.
Cheers!!!!