What would have to put down

Cynthia Dye

Asked by May 01, 2015 at 08:54 PM about the 2007 Ford Mustang V6 Deluxe

Question type: Shopping & Pricing

2 Answers

Cynthia Dye

What would it take


Depends on your credit... a lot of banks/finance companies have come to realize a used car is a better asset on financing than a new vehicle because of depreciation... so some banks will even do 120% financing on a used vehicle so they cover any auxiliary items like extended warranties, taxes, etc... so in the end it will be about the actual value of the vehicle, vs. the sale price, your credit and your debt to income ration - they could finance the whole thing or tell you you need 50% down depending on those factors...

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