How low can you go for a down payment on a 1800 dollar car. I was thinking three hundred.

Asked by MrTraplife Jan 29, 2016 at 10:16 AM about the 2000 Cadillac Eldorado ETC Coupe FWD

Question type: Shopping & Pricing

rocky auto was willing to let me drive away with a 7 or 8 thousand dollar vehicle. but they wanted to sell me something I didn't want. I want to ask a couple of questions and see what you can provide for me.

2 Answers

Bill answered 8 years ago

A lot of dealerships have no problem with even having a down payment on a vehicle with a purchase price that LOW!!!. However please note that no down payment leads to higher monthly payments, and if you need lower payments, take in consideration that lower monthly payments leads to higher interest rates. Its kind of like a triangle effect. When one angle is affected, the other angles have to pick up the slack to even the triangle out. I hope this helps! Have a nice day sir

Mark helpful

F_O_R answered 8 years ago

Car dealers will always try and sell you something you don't want. Stick to what you want and if they persist tell them you will walk if they keep it up. The down payment is between you and the dealer and will depend on your credit rating and income.

Mark helpful

Your Answer:

Related Questions

Eldorado

Looking for a Used Eldorado in your area?

CarGurus has 4 nationwide Eldorado listings and the tools to find you a great deal.

Postal Code:

Shortcuts

Search Cadillac Eldorado Questions

CarGurus Experts

  • #1
    spiderblu
    Reputation
    950
  • #2
    Gene Arnett
    Reputation
    670
  • #3
    James Sparrow
    Reputation
    590
View All

Find great deals from top-rated dealers

Search

Related Models For Sale

Used Cadillac DeVille
8 listings
Used Cadillac Escalade
21 Great Deals out of 408 listings starting at $6,995
Used Chevrolet Corvette
36 Great Deals out of 992 listings starting at $19,500
Used Lincoln Continental
4 Great Deals out of 15 listings starting at $18,900
Used Buick Riviera
1 listing
Used Chevrolet Camaro
32 Great Deals out of 345 listings starting at $10,500
Used Chevrolet Silverado 1500
171 Great Deals out of 5,940 listings starting at $3,995
Used Chevrolet Tahoe
18 Great Deals out of 745 listings starting at $5,995
Used Lincoln Town Car
6 listings
Used Mercedes-Benz E-Class
43 Great Deals out of 500 listings starting at $5,700

Content submitted by Users is not endorsed by CarGurus, does not express the opinions of CarGurus, and should not be considered reviewed, screened, or approved by CarGurus. Please refer to CarGurus Terms of Use. Content will be removed if CarGurus becomes aware that it violates our policies.