does the car dealership determines the least amount i can put down on a car (used)?

Answer 1

if its financed through them, who ever does the loan determines that

Answer 2

The car dealership and the banks work together to determine the amt of the down payment. If you have good credit then there is no reason the bank will require a down payment, they will allow the car dealership to finance over 140% of the Kelly Blue Book Value, now if the car dealership is requiring a down payment you are getting rip off. Your are paying more than the car is worth.
Now if you have poor Credit the bank will require a down payment as earnest money and they will not finance more than 100% of the KBB Value, therefore the car dealership will do one of three things, require more money down , jack up your interest rate they do get a kick back form the bank on the interest rate called dealer reserve, or they will lie to the bank about the options on the car, which increase the value of the car, the banks will finance more money on the car, the dealership can overcharge the customer for the car, the bank will finance more money so the dealership get more dealer reserve and the customer gets screwed

Answer 3

Yes so you will be tied down for years making payments. Watch it. Snap on Tools is closing its Union Shop in Tennessee. Next they will move everything to Mexico.

Answer 4

No, the bank does.

You can put down $0 if you have great credit... but as much as 50% if you have terrible credit.