if my credit is 650 and i have a trade in worth 4,500 how much would i have to put down for the 2009 bmw x6

dnug214
0

Asked by dnug214 Dec 31, 2012 at 09:55 PM about the 2009 BMW X6 xDrive35i

Question type: Shopping & Pricing

2 Answers

Robert Mitchell
915

Depends on the lender. Get the price of the car you are looking for, get a pre approval from a bank and the difference is what you need as a down payment. keep in mind interest rates, a 650 score is not going to be the best of rates or the highest dollar value. i believe the x6 is about $45k or so right? so you may need up to $25k down total - from experience as a lender

Js08016
19,745

Also, remember the more you put down in cash or trade, the lower your payments will be. HTH. -Jim

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