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My Long Card credit card only has a credit limit of 20,000 yuan. Can I borrow a car worth 100,000 yuan?

It is possible.

The bank will separately approve the loan amount for you when purchasing a car. The loan amount must be reviewed before the bank can determine how much bank loan will be approved for you. To buy a car worth RMB 100,000, you need to pay at least RMB 30 as a down payment, and the remaining balance can be paid in installments.

All CCB Long Card credit cards (excluding business cards, student cards, supplementary cards and guaranteed cards) can apply for car purchase installments. After the application is successful, the bank will approve an amount other than the credit limit for you to use for payment. After the final payment of the car purchase is approved, the actual installment amount will be divided into several equal installments, and the cardholder will repay it monthly within the agreed period and pay a certain handling fee.

The basic process for applying for car purchase in installments is: ① The customer first selects a car and test drives it at a dealer designated by CCB, and negotiates with the dealer to determine the purchase price; ② Present the Long Card credit card and ID card, and fill in the car purchase form Installment application form (must also provide proof of employment or real estate certificate); ③ The dealer submits the customer's application information to CCB; ④ After the application is approved, the customer pays the down payment to the dealer and goes through relevant procedures; ⑤ After receiving After the dealer notifies you of picking up the car, swipe the card to pay the balance and pick up the car; ⑥ Repay in monthly installments through Longka credit card.

You log in to the official website of CCB Credit Card and select Installment Payment - Car Purchase Installment. You can view the detailed introduction and find your local CCB designated dealer.