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?
How much money down should I save for a car loan?
10 to 20 percent.
The more you put down the less you need to borrow.
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Reply:As much as possible, but at least 10 %.
Reply:As much as you can. The more you put down on a car the cheaper your payments will be.
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