hi, i am a first time buyer, and just got my license. i am thinking of putting 2000.00 down. is this good? the car i like is about 14,500. so how much did u put down?
2007-03-05 06:53:54 · 6 answers · asked by Anonymous in Cars & Transportation ➔ Buying & Selling
Go to this webpage to understand how much down http://www.usedcartips.org/DOWNMONEY.html you being a first time buyer its buyers beware and I strongly suggest some homework on your part to get valid value for your bucks, go to main page and study the 10 steps, its free... Consumers that complain today about car lots - are consumers that could not find the time for study and many will have a lemon in their driveway
2007-03-05 15:21:26 · answer #1 · answered by Anonymous · 0⤊ 0⤋
same here we put 2 grand down on a 06 fusion fully loaded. the more you put down the lower the monthly payment will be .and the better you look with creditors the dealerships usually want 10-20% of vehicle cost for downpayment depending on dealerships requirements set by business mgr/owners.
2007-03-05 07:00:05 · answer #2 · answered by I race cars 4 · 1⤊ 0⤋
I usually put down 100%. Saves on interest, and the payments are much easier to make.
2007-03-05 07:12:34 · answer #3 · answered by J.R. 6 · 0⤊ 0⤋
It's best to put 100% down. Otherwise, as much as you can stand, with the loan as short as possible.
2007-03-05 07:03:21 · answer #4 · answered by Ben H 5 · 0⤊ 0⤋
Mine was 18,000, and I put 4000 down. My payments were left at $295.00
You did good.
.
2007-03-05 09:23:31 · answer #5 · answered by rob1963man 5 · 0⤊ 0⤋
my 07 mazda3s was $17,400 +TAX. I put $6,000 down and my payments are $252.00. my loan is $5,000 now and I'm gonna pay off in couple weeks
2007-03-06 04:08:10 · answer #6 · answered by Anonymous · 1⤊ 0⤋