I'm looking at a 2010 Mazda 3 and I was wondering how much should I put down? It has 33,000+ miles and is going for 11,500
That depends on how much you want your payments to be. Personally I wouldn't finance a 5 year old vehicle longer than 4 years (48 months). That'll make it 9 years old when it's paid for. You should also not put down every penny you have on it either. Always save some cash for a rainy day. Keep in mind that a portion of the down payment will be eaten up by sales tax, title and registration fees. I put down $3500 on my $12000 Grand Marquis and financed it for 4 years. HTH. -Jim
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