Down Payments?

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If a bank/auto credit corp. requires a down payment on a car for a loan, what is the percent range required to put down usually?between?etc?

2007-01-29 16:43:28 · 3 answers · asked by phattygirl 3 in Cars & Transportation ➔ Buying & Selling

3 answers

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2007-01-30 00:43:21 · answer #1 · answered by Anonymous · 0⤊ 0⤋

It depends from Bank to bank but for a new car its usually 10% and for a used one is about 20%. I got a loan from capital one and they don't require a down payment, its a good deal you should check that out. Go to capitalone.com

2007-01-30 01:14:17 · answer #2 · answered by cviaguilar 2 · 0⤊ 0⤋

It is usually 20% down payment.

2007-01-30 00:51:18 · answer #3 · answered by Rain L 5 · 0⤊ 0⤋