How much should my used car down payment be?
There are not many people who can walk into a car dealership and buy a vehicle with cash. It simply isn’t a reasonable expectation. However, that means that Carizma Motors customers will need to obtain some kind of help financing their vehicle purchase. If you’re in the market for a pre-owned vehicle, but you might be in a tight financial situation, you might be wondering, ‘How much should my used car down payment be?’ According to the automotive experts at Edmunds.com, people looking to financing a used car, truck or SUV should aim to put down at least 10 percent of the purchase price when they’re working on getting a loan. Our product expert team works with people who might be in a less-than-perfect credit situation. Let’s take a look at a few things you might need to know. Read the rest of this entry