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I would like to purchase a vehicle. Can I opt to pay a monthly fee instead of a down payment?

2006-08-30 02:27:50 · 11 answers · asked by Ozone 4 in Cars & Transportation Buying & Selling

Any estimate on what the monthly payments would be like (assuming said vehicle is worth $20,000 and credit is good)?

2006-08-30 02:36:47 · update #1

11 answers

Certainly, But it all depends on your credit score and the willingness of the creditor to provide you with such terms. If you do plan on putting no down payment on your vehicle remember that the vehicle is a depreciating asset so negative equity is something to consider if you do not wish to keep the vehicle for awhile.

2006-08-30 02:33:39 · answer #1 · answered by gjjr2004 3 · 1 0

Back in 2003 i got an '03 Accord for $1500 down payment-- My monthly pymts are a bit high because I'm financing and because of the low down payment-- generally the higher your credit score is and the higher your down payment is the smaller the monthly payment!

2006-08-30 02:32:52 · answer #2 · answered by Anonymous · 0 0

well yes.. it is.. the only thing is if u do that ur interest rate is gonna be pretty high first off.. second off most dealers won't allow the no down payment buy but if u do find a deal in the newspaper r something it might work out.. I'd suggest at least try a small amount of down payment but it is possible to buy a car without any down payment..

2006-08-30 02:49:34 · answer #3 · answered by sesh48 3 · 1 0

Sure, I did! The no-down-payment route causes you to wind up with a higher monthly fee, but you can still buy a vehicle with a manageable monthly fee if you do your homework.

Good luck!

2006-08-30 02:31:36 · answer #4 · answered by Jinx U 5 · 1 0

nicely, first i can't have self assurance you acquire a automobile devoid of using it, not even seeing it. ok. yet there are some belongings you ought to do, first before something i ought to get the seller's handle and call, eBay is releases this thoughts once you're all in favour of a transaction with the different get mutually. So, when you acquire his information, i ought to call the police to make a rfile, yet i ought to also attempt to opposite the cost with PAYPAL?Did you take advantage of paypal? it will be more beneficial accessible if the guy lives in u . s . to regulate this kind of problem, yet in the destiny i extremely do not propose paying for a automobile on ebay.

2016-11-23 14:18:21 · answer #5 · answered by ? 4 · 0 0

Yes. I did. Your payments will be higher and it depends on your credit.

2006-08-30 02:29:56 · answer #6 · answered by GreenEyedSista 4 · 0 0

Sure can I bought mine as well w/no down payment

2006-08-30 02:33:37 · answer #7 · answered by sabbycat76 4 · 0 0

Yes, dealerships offer this, your payments will be higher per month.

2006-08-30 02:33:32 · answer #8 · answered by Fleur de Lis 7 · 0 0

Yes, it depends what finance company you go to. Second hand cars are easier to buy without downpayment.

2006-08-30 02:31:56 · answer #9 · answered by Anonymous · 0 0

yea, it also depends on the dealership and what they have to offer now.

2006-08-30 02:33:07 · answer #10 · answered by joanna 3 · 0 0

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