I am a senior in high school and want to buy my first car how much of a down payment do I need to make

Asked by Sep 24, 2015 at 07:44 AM about the 2005 Honda Civic

Question type: Shopping & Pricing

5 Answers

I'm not sure

46,155

Depends on price of the car and where you finance it.

1 out of 1 people think this is helpful.
101,465

Buy as much of Car Can You Afford, The more you put down the less the payments will be. Most people put down 10%, the normal is 20%. You are younger the lender may want more of a down payment.

3 out of 3 people think this is helpful.
46,155

Buying you first car with no credit history may be interesting.

1 out of 1 people think this is helpful.

Unless it's 40% interest "Hey, come on down, we carry our own contracts! We finance anybody! We take anything in on trade! Even a pig! Seriously, get a co-signer or work and save for a year

5 out of 5 people think this is helpful.

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