What is a reasonable down payment on a car or truck

Asked by Jun 01, 2014 at 04:34 PM about the 2014 Jeep Wrangler Rubicon X

Question type: Shopping & Pricing

Im looking for somthimg with 4wheel
drive like a jeep or a z71 for my 1st
car and want to know a reasonable
down payment price

3 Answers

205

You could go to local credit union or bank and get pre-certified for a loan. This will help you to shop and stay on budget. Happy hunting.

1 of 1 people found this helpful.
261,435

Correct, the more you put down, the lower your payment, no set amount.

It all depends who is bank rolling the purchase of your new car. If your parents are paying for it, you may get by with zero down. My guess is that a young person purchasing a $40K vehicle, the dealership is going to demand 20% down. Maybe more.

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