if i buy a car and i want to pay a monthly fee around $150, what would the down payment be?


Asked by Sep 13, 2015 at 01:25 PM about the 2006 Honda Accord

Question type: General

2 Answers

Steven Ahlborn

That would depend on several factors. How much is the car that you want to purchase? How long do you want your loan to be? My wife and I purchased a car for a little over $6,000 and the type of loan actually needed to be over $6,000 to go through correctly so we were asked not to do an upfront down payment. I am guessing if you went to purchase a more expensive vehicle like over $10,000 then you would start being asked about putting $1,000-2,000 down. All of this varies between how much the car is, what loan options you receive, and how long you want to pay for your car.

1 out of 1 people think this is helpful.

Since you're looking at a used 2006 Honda Accord...I would expect the asking price to be in the $7,000 - 10,000 or 11,000 range. If your credit is good to excellent, I would say a downpayment of $1,000-$1,500 would get you that type of monthly payment (or even less) approximately.

Your Answer

Add photo

Related Questions

Search Honda Accord Questions

Honda Accord Experts

#1 Tom Demyan
Tom Demyan
Reputation 1,870
#2 FordNut
Reputation 1,530
#3 Jonathan Ford
Jonathan Ford
Reputation 1,340
View All

Related Models For Sale

Used Honda Civic"
1,143 Great Deals out of 59,092 listings starting at $995
Used Toyota Camry"
1,590 Great Deals out of 98,367 listings starting at $895
Used Honda Accord Coupe"
203 Great Deals out of 11,560 listings starting at $1,500
Used Nissan Altima"
1,347 Great Deals out of 87,445 listings starting at $1,095
Used Nissan Maxima"
493 Great Deals out of 24,223 listings starting at $1,500
Used Toyota Corolla"
1,412 Great Deals out of 67,098 listings starting at $1,295
Used Honda CR-V"
1,503 Great Deals out of 80,989 listings starting at $1,695
Used Acura TL"
303 Great Deals out of 7,023 listings starting at $2,395
Used Hyundai Sonata"
972 Great Deals out of 51,469 listings starting at $1,200
Used BMW 3 Series"
1,607 Great Deals out of 39,619 listings starting at $888
Used Dodge Charger"
646 Great Deals out of 29,672 listings starting at $2,275
Used Honda Pilot"
531 Great Deals out of 19,722 listings starting at $1,800
Used Toyota Avalon"
360 Great Deals out of 17,377 listings starting at $1,195
Used Chevrolet Malibu"
1,146 Great Deals out of 72,965 listings starting at $695
Used Kia Optima"
603 Great Deals out of 31,661 listings starting at $1,700

Used Cars For Sale

2017 Honda Accord For Sale
42,830 listings starting at $19,999
2016 Honda Accord For Sale
65 Great Deals out of 6,569 listings starting at $15,990
2015 Honda Accord For Sale
161 Great Deals out of 2,809 listings starting at $12,895
2014 Honda Accord For Sale
227 Great Deals out of 4,417 listings starting at $11,506
2013 Honda Accord For Sale
234 Great Deals out of 3,884 listings starting at $9,900