Downpayment is too high?
What to do when the down payment is too high or is not listed until last minute
when your already at dealership
You negotiate a lower down payment with the finance director at the dealership you are buying the car from. Of course with a lower down payment, means a higher monthly payment. The amount will be determined by the length of the loan and the interest rate.
Walk away! I always tell them what I'm putting down in cash and my trade in before I commit to anything. Hope that helps! Jim