dollars and then pay the 5000 dollar afterwards right away?
2006-10-27 15:58:42 · 4 answers · asked by DQ 1 in Cars & Transportation ➔ Buying & Selling
The best thing to do is either buy a pre-owned outright (cash buyers are great motivators) OR to Finance the vehicle at a certin interest rate... apply the $10,000 to the principal... then re-finance with a credit union... Alot of the time, money down like that will only lower your payment $80-$100.. BUT what the dealerships do is sign you up for a higher interest rate.. So its best to put no money down, do a low "manufacturer" interest rate, then apply it to prinicipal..
2006-10-27 18:18:11 · answer #1 · answered by Ash 3 · 0⤊ 0⤋
Ford will let you buy a car for almost nothing down and 0% financing. You can then put your money in Cd's for 5+% and make money on your money. I know you want a Honda or Toyota .. but Ford is making some pretty good cars these days.. The Fusion for example, (Mostly a Mazda 6) Ford is partnered with Mazda.
2006-10-27 17:20:44 · answer #2 · answered by the_buccaru 5 · 0⤊ 0⤋
individually, i does no longer lock into paying for a house this youthful. it quite is a protracted term investment. If I have been you i might stay to tell the tale base or lease an condominium or abode. perfect now you may hardship approximately saving money and investments. i'm 26, a vet, and that i refuse to purchase a house. I even have lots of money in the financial employer, and that i'm in simple terms stacking further and extra. I in all risk won't purchase a house till i'm getting married. it is in simple terms my opinion. i'm a corporation scholar now, and that i've got discovered that paying for a house at a early age isn't continually a sturdy thought. in case you insist in doing so, shop for mounted costs of pastime. it quite is fundamental. The housing industry is a shoppers industry perfect now, yet in case you haven't any longer have been given the factors to off set this you'll be like tens of millions of others. foreclosures. Get your credit up and start up saving money, and diversifying your factors in diverse investments.
2016-10-16 11:51:30 · answer #3 · answered by ? 4 · 0⤊ 0⤋
I recommend if buying to put $10,000 dollars down the car. In my case if i had $10,000 dollars i would buy a pre-owned car outright. Buying a car outright will be cheaper than financing or leasing.
2006-10-27 16:05:33 · answer #4 · answered by Nick 3 · 1⤊ 0⤋