16 September 2009

How much money down should I save for a car loan?

Posted by admin under: Buying & Selling .



I’m looking to buy a used car and will probably seek a loan between 2000 and 3000 dollars. How much money down should I have saved?

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3 Comments so far...

AES1203 Says:

19 September 2009 at 1:44 am.

As much as you can. The more you put down on a car the cheaper your payments will be.

kennypop Says:

22 September 2009 at 1:34 pm.

As much as possible, but at least 10 %.

mccoyblues Says:

23 September 2009 at 11:04 am.

10 to 20 percent.

The more you put down the less you need to borrow.

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