Downpayment is too high?

Asked by GuruBR19W Dec 10, 2020 at 02:56 AM

Question type: General

What to do when the down payment is too high or is not listed until last minute
when your already at dealership

2 Answers

41,000

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.

2 people found this helpful.
157,175

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

1 people found this helpful.

Your Answer:

Own this car?

Share your experience with others.

CarGurus Experts

  • #1
    Paul
    Reputation
    56,630
  • #2
    Gene Arnett
    Reputation
    47,530
  • #3
    Mark Weiner
    Reputation
    42,070
View All

Know more, shop wisely

Search

Content submitted by Users is not endorsed by CarGurus, does not express the opinions of CarGurus, and should not be considered reviewed, screened, or approved by CarGurus. Please refer to CarGurus Terms of Use. Content will be removed if CarGurus becomes aware that it violates our policies.