How much did you put down on your Z
 

ive seen threads on here about how much they paid for their Z, but havent really seen a thread as of yet about how much you put down "upfront" ...

so like the title states... how much did you put down on your Z up front?:driving:

6k

haven't bought mine yet but.. i'll be putting down 20-25k.

I put down half of it, so 20k

About 31k.

9k here.

im planning on putting down 15k for the base model Z , unless the dealership is willing to drop the price on a few touring versions they have, doubt it though

but i want to make sure i have anywhere from 8-10 k left over in my account so this car doesnt drain it to nothing

I put down the agreed-upon price of the car, tax, extended warranty and license fees -- in total.

Same for me....paid in full.....no extended warranty though

paid in full is the way to go. :)

Paid in full.

Everyone is different and I respect all approaches but my feeling has always been if I can't buy it outright I probably shouldn't buy it.

Again this is something I apply to myself, and not preach to others...

yep, nothing wrong with having a loan if you can pay it. it's a good way to build credit. :)

this is very true...

i only put 6k down being i am only 21 and just graduated college. I would rather use the excess funds for my house down payment.

I'm also banking on the interest from my portfolio (which i chose not to put down on car) exceeding the interest of my car loan.

Only financed 8k of it.

This is very true. For me, I hate paying interest that I don't need to pay if I can help it.

+1. Although, some of the deals they will offer you are worth taking. I took out a loan on the Subaru because I'm pretty sure I can beat the 1.9% interested rate they gave me, and a lot of companies are offering 0% interest.

30k down

Financed 10.5k

if you look up there is always people with more money. doesnt matter. just know your boundaries and know your money. that's all that matters.

and i think car loans are a great way to build credit for your future mortgage. :tup:

I had recently bought a house so didn't have a ton of spare cash. I got a pretty good interest rate of 3.5% so I only put 3k down on mine.

:iagree:

just make sure there is no cosigner. My dad cosigned on my my loan when i had an altima and then i got no credit. Didn't help that the stupid finance department put the loan in his name either:mad:

took like 8 months to get it switched.

That is odd. My dad also co-signed with me on my subaru a bit under 5 years ago. It was because I was getting paid under the table although I ended up getting a full-time job later. Anyway my credit score in that 4 year period or so before I ended up buying my house and my 370Z went from around 680 to 800. I also had quite a few credit cards (never left a balance on them) so I figured part of that jump was for the car. The car-loan *did* show up on my credit report.

my father cosigned however the loan is under my name, and I am getting "credit" for it.

I put down 6K

I would have liked to put down more to make my payments less but oh wells. I sold my winter beater for the down payment.

Buying a car cash would be nice one of these days lol.

21k for me. financed 13k.

The above sums it up right there. Some people think car-buying is a waste of money. Then they turn around and spend 10k on a trip to Hawaii... so to each his own.

I personally don't believe in taking out loans unless it's

1) for a house (mortgage)

2) 0% financing. This way, I pay the minimum then invest the rest in stocks or Roth or other interest-gaining alternatives.

I put 5000.00 down on base 6 speed in Oct.However I Paid off 9000.00 since Oct.

Put 14k down

3K down equity in trade

I am a big believer on having cash on hand, especially during bad economic times. Having that said, if you can afford to buy a car and finance it with the lowest interest possible, good idea. Or if you have so much cash on hand, that dropping 40K on a car is no problem, more power to you..

I just can't see myself dropping anything over 10K on a depreciating asset, because that's what cars are. if you qualify for 0% financing why not go for it, and save your cash..


I got my rate at 1.9% over 4 yrs w/ 5K down. I figure I can easily make the payments,s without unloading alot of cash upfront, got extended warranty as well, to minimize the financial impact of large repair, etc..

4000 down.

put down ten, still owe 30

Zero down

Bought used, paid everything left after the trade.

I put down 15K at 3.9% interest. I paid like $2500 in interest over 60 months.

7K plus a trade in valued at just under 5K

So... around 12K, with a loan for the remainder.

15k down, balance @2.99% over 60 months.

Couldn't put any more - I had to funnel three times that amount working on our "fixer upper" (not to mentioned the 20% down payment on the house). Cripes, SoCal real estate is still too damned expensive...

Almost thinking I should shove the wife and kids into a small studio apartment with low rent and purchase that R8 Spyder... NOT!

I put down 6k just so I wouldn't be upside down in it at any point. I'd never pay cash for a car when I can get interest rates that are lower than what I can make in investments. Pentagon Federal has 3% new auto loans, and Navy Federal has 2%! Come on now...if someone offered to loan me thousands of dollars at 2-3%, I'd take it regardless of whether I needed it or not.

If you can't make 3% on your investments, then yes...you should pay cash.

+1, I can't afford $300K for a house/land up front, and a car was the best way to build the kind of credit to tackle large-ticket items. I'm just getting started in life, financially.

I put down 10% of the amount financed on my car.

I paid cash for my Z.

Just cashed in my platinum warranty and used that as down payment