02/11/2015
The question of the week: How much should I put down?
For every $1000 you put down, it lowers the payment apx. $20-$25 a month. So, putting a substantial amount down can make a car more affordable when it comes to a monthly budget. Also, more cash down improves the chances of getting approved if there are some credit challenges. That being said, down payment can vary depending on the situation of the buyer, but most finance companies typically suggest 10%-20% earnest money down.
For more information on how to be in the best situation to get approved on a car you'd love to own, call 404-740-2859.
Simple Auto Imports. Keeping Car Buying Simple.