How much money down should I save for a car loan?

by admin on March 9, 2010 · 3 comments

I’m looking to buy a used car and will probably seek a loan between 2000 and 3000 dollars. How much money down should I have saved?

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{ 3 comments… read them below or add one }

mccoyblues March 9, 2010 at 9:56 am

10 to 20 percent.

The more you put down the less you need to borrow.

AES1203 March 9, 2010 at 9:56 am

As much as you can. The more you put down on a car the cheaper your payments will be.

kennypop March 9, 2010 at 9:56 am

As much as possible, but at least 10 %.

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