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When you buy a new car, what percentage do you put down as a down payment ? ?
15 Answers
- Jay PLv 71 year ago
The more you put down, the less you pay in interest so I suggest you put down as much as you comfortably can afford...
- ?Lv 71 year ago
No single answer but you're best putting down as much as possible to lower your monthly payments.
- Anonymous1 year ago
Never bought a new car. Only financed one car. I put zero down except I paid sales tax and tag out of pocket.
I was able to do that because I bought the car for less than loan value.
- Anonymous1 year ago
None, I always pay cash. If you can't afford it, don't have it. That's my philosophy.
- jimanddottaylorLv 71 year ago
Whatever you agree to. Many have promotions with '0 down', but as most people know, the more down, the better you will be in the long run.