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Question about down payment

Originally Posted by shadoquad Not mine. naturally.

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Old 03-28-2011, 02:52 PM   #16 (permalink)
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Not mine.


naturally.
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Old 03-28-2011, 04:21 PM   #17 (permalink)
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It also depends on how much you want to save on the price of the car, versus how much you want to keep in the bank over the term of the loan.

If you put down a larger DP, you will pay less interest at a fixed rate, but you'll have less immediately available.
And also protecting against negative equity, so you dont need "gap" insurance
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