Downpayment is too high?

Asked by GuruBR19W Dec 10, 2020 at 02:56 AM

Question type: General

What to do when the down payment is too high or is not listed until last minute
when your already at dealership

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TDolby answered 3 years ago

You negotiate a lower down payment with the finance director at the dealership you are buying the car from. Of course with a lower down payment, means a higher monthly payment. The amount will be determined by the length of the loan and the interest rate.

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157,645

James answered 3 years ago

Walk away! I always tell them what I'm putting down in cash and my trade in before I commit to anything. Hope that helps! Jim

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