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hmm from what i have heard, once you sign all the paperwork the car depreciates in value 20%. That is the main reason experts recommend putting down at least 20%
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![]() Join Date: Dec 2008
Location: los angeles, ca
Age: 40
Posts: 230
Drives: 09 Z34, 08 AP2
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hmm from what i have heard, once you sign all the paperwork
the car depreciates in value 20%. That is the main reason experts recommend putting down at least 20% for the car just so that if you run into financial instability, you would not be hurt by it as much. 20% of $40k is $8000 so IMHO $32,000 - $33,000 sounds about right.
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