Usually there are two options, namely leasing and banking institutions.
Both banks and leasing will indeed have the same concept and role of providing bailouts when you want to own a car but don’t have enough funds to pay cash. This bank or leasing will first pay a portion of the price of the car you want, then periodically you will pay off the debt in installments every month.
In addition to the same methods of working as previously mentioned, the credit equation between banks and leasing both requires a DP of at least 30% of the selling price of the car that has been agreed between the seller and the buyer.
This provision has been regulated by Bank Indonesia as stated in the External Circular Letter Number 14/10 / DPNP which stipulates a minimum down payment of 30% for the purchase of non-productive four-wheeled motorized vehicles.
（From：cicilan mobil murah）