How low can you go for a down payment on a 1800 dollar car. I was thinking three hundred.

Asked by Jan 29, 2016 at 10:16 AM about the 2000 Cadillac Eldorado ETC Coupe FWD

Question type: Shopping & Pricing

rocky auto was willing to let me drive away with a 7 or 8 thousand dollar vehicle. but they wanted to sell me something I didn't want. I want to ask a couple of questions and see what you can provide for me.

3 Answers

286,435

For a $1800 car, I would just pay cash, for that amount you would be talking a personal loan. Try to finance through your local bank or credit union vs the dealers and don't let them sell you something you don't want. Tell them you want your mechanic to check it over before purchase as well. Piece of mind.

A lot of dealerships have no problem with even having a down payment on a vehicle with a purchase price that LOW!!!. However please note that no down payment leads to higher monthly payments, and if you need lower payments, take in consideration that lower monthly payments leads to higher interest rates. Its kind of like a triangle effect. When one angle is affected, the other angles have to pick up the slack to even the triangle out. I hope this helps! Have a nice day sir

104,155

Car dealers will always try and sell you something you don't want. Stick to what you want and if they persist tell them you will walk if they keep it up. The down payment is between you and the dealer and will depend on your credit rating and income.

Your Answer

Eldorado

Looking for a Used Eldorado in your area?

CarGurus has 274 nationwide Eldorado listings starting at $2,495.

ZIP:
Get More Money for Your Car
Be seen by 20 million shoppers. Create Your Free Listing

Cadillac Eldorado Experts

  • #1
    spiderblu
    Reputation
    820
  • #2
    tennisshoes
    Reputation
    350
  • #3
    Js08016
    Reputation
    340
View All

Related Models For Sale

Used Cadillac DeVille
1,272 listings starting at $1,988
Used Cadillac Seville
244 listings starting at $2,495
Used Chevrolet Corvette
101 Great Deals out of 15,518 listings starting at $3,900
Used Cadillac Escalade
209 Great Deals out of 11,975 listings starting at $2,500
Used Ford Mustang
270 Great Deals out of 37,082 listings starting at $2,150
Used Chevrolet Camaro
224 Great Deals out of 28,922 listings starting at $3,900
Used Chevrolet Impala
397 Great Deals out of 25,595 listings starting at $799
Used Lincoln Town Car
24 Great Deals out of 1,358 listings starting at $1,995
Used Lincoln Continental
22 Great Deals out of 2,780 listings starting at $21,995

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.