When buying a new or used car from a dealer, make a down payment of at least 20%. That will be a enough to cover taxes and most of the vehicles first year depreciation. Dealerships will gladly sell you a car with less down, but that will leave you with an upside down loan for years. An upside down loans means you owe more than the car is worth.
Be the first to post feedback! Click here to post feedback.
Post Feedback:
Login using the form on the top of the page to post feedback (if you are a registered user). If you have not yet registered, click here to do so. It's FREE!.
